WageWorks, Inc. (WAGE)

Check out top investors' recommendation for WAGE
Last closing price (Oct 23 4:00 EDT):
51.52 (5.01%) ? 
Last closing price is the stock price upon last market close (date specified in parenthesis).
Return to date (1m/3m/6m/12m):
22.11% ? 
Return to date is the stock return for the specified period of time.
Consensus price target (1m/3m/6m/12m):
N/A
 ? 
Consensus price target is the average analyst price target for a specified period of time.
Buy/Sell Mix (1m/3m/6m/12m):
100%/0%
 ? 
Buy/sell mix the percentage mix between Buy and Sell recommendations for a given company or a research firm. Hold recommendations are excluded.
Description:
WageWorks, Inc. operates as an on-demand provider of tax-advantaged programs for consumer-directed health, and commuter and other employee spending account benefits (CDBs) in the United States. It offers healthcare flexible spending accounts (FSAs), which are employer-sponsored CDBs that enable employees to set aside pre-tax dollars to pay for eligible healthcare expenses, including co-pays, deductibles, and over-the-counter medical products, as well as vision expenses, orthodontia, medical devices, and autism treatments; and dependent care flexible spending accounts that allow employees to set aside pre-tax dollars to pay for eligible dependent care expenses, such as child care or day care expenses. The company also provides health reimbursement arrangements (HRAs) in which employers provide their employees with a specified amount of reimbursement funds that are available to help employees defray their out-of-pocket healthcare expenses comprising deductibles, co-insurance, and co-payments. In addition, it administers health savings accounts for employers that allow employee participants to invest funds to be used for qualified healthcare expenses at any time without federal tax liability or penalty. Further, the company offers commuter benefit plans consisting of qualified parking, transit passes, transportation in a commuter highway vehicle or vanpooling, and reimbursement of certain bicycle commuting expenses. Additionally, it provides Consolidated Omnibus Budget Reconciliation Act (COBRA) continuation services to employer clients to meet the employer’s obligation to make available continuation of coverage for participants who are no longer eligible for the employer’s COBRA covered benefits, which include medical, dental, vision, HRAs, and certain healthcare FSAs. The company was founded in 2000 and is headquartered in San Mateo, California.
Sector:
Analyst
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Signal
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Initial Price
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Price Target
A Price Target is an analyst’s projection of a company’s stock price by the end of the recommendation period. It represents the price at which the analyst would exit his or her existing position.
Closing Date
Closing Date is the expiration date of a recommendation. The validity timeframe of a professional analyst’s recommendation is 12 months. Investor Wand analysts can set their recommendation timeframe to one, three, six, or 12 months.
Return
The return on a single open recommendation is calculated as the maximum of the current return (based on the latest closing price) and the target price return, if the symbol reached the target. The return on a single closed recommendation is calculated as the maximum of the return on the closing date (at the end of recommendation timeframe) and the target price return, if the stock hit the target price. The return is adjusted for one-time events (e.g., stock splits).
Michael Huang Needham & Company Buy   Aug 06, '14   45.96    Aug 06, '15  12.10% 
Michael Huang Needham & Company Buy   May 09, '14   37.97    May 09, '15  35.69% 
David Scharf JMP Securities Buy   Feb 21, '14   57.20  72.00  Feb 21, '15  -9.93% 
David Scharf JMP Securities Buy   Nov 06, '13   57.46  65.00  Nov 06, '14  13.12% 
Michael Huang Needham & Company Buy   Nov 06, '13   57.46  65.00  Nov 06, '14  13.12% 
David Grossman Stifel Nicolaus & Company, Inc. Buy   Nov 01, '13   54.51  61.00  Nov 01, '14  11.91% 
David Grossman Stifel Nicolaus & Company, Inc. Buy   Jun 12, '13   29.66  35.00  Jun 12, '14  56.00% 
Michael Huang Needham & Company Buy   May 10, '13   29.99    May 10, '14  26.61% 
David Scharf JMP Securities Buy   Mar 14, '13   25.92  29.00  Mar 14, '14  134.49% 
Michael Huang Needham & Company Buy   Feb 20, '13   21.25  26.00  Feb 20, '14  180.99% 
David Grossman Stifel Nicolaus & Company, Inc. Buy   Aug 09, '12   14.49  18.00  Aug 09, '13  176.05% 
David Grossman Stifel Nicolaus & Company, Inc. Buy   Jun 03, '12   11.52  15.00  Jun 03, '13  151.48% 
Michael Huang Needham & Company Buy   Jun 03, '12   11.52  15.00  Jun 03, '13  151.48%