Published: Tue, April 17, 2018
Business | By Tara Barton

Could WageWorks, Inc. (WAGE) Change Direction After This Bearish Double Bottom

The company now has an average rating of "Hold" and a consensus price target of $75.67. The company has a market capitalization of $1,742.03, a price-to-earnings ratio of 48.28, a PEG ratio of 1.64 and a beta of 0.96. The stock increased 1.96% or $0.85 during the last trading session, reaching $44.3. About 1.54 million shares traded. WageWorks, Inc. (NYSE:WAGE) has declined 36.26% since April 16, 2017 and is downtrending. Federated Investors Pa holds 265,066 shares or 0.05% of its portfolio. Wageworks posted earnings per share of $0.36 during the same quarter last year, which would indicate a positive year over year growth rate of 13.9%. The company's stock had a trading volume of 310,624 shares, compared to its average volume of 798,511. (NYSE:WAGE). Carroll Fincl Inc owns 157 shs. The stock underperformed the S&P500 by 47.81%.

Since October 17, 2017, it had 0 buys, and 41 selling transactions for $1.29 billion activity. That's 8.00 % below today's $43.45 share price. The insider Worzel Ken sold $671,036. Its down 0.30, from 1.88 in 2017Q3. (NASDAQ:FB) shares were sold by Zuckerberg Mark. Andra Ap has invested 0.07% of its portfolio in Nordstrom, Inc. The New York-based Oppenheimer Inc has invested 0.05% in Nordstrom, Inc. (NYSE:WAGE). 11 are owned by Qs Investors. Brinker Cap Inc accumulated 20,074 shares. 202,755 are held by Manufacturers Life The.

Shares of NYSE WAGE opened at $43.45 on Thursday. (NYSE:JWN) or 4,283 shares. Pinebridge Invests Ltd Partnership reported 0.03% stake. (NASDAQ:FB) or 1.25 million shares.

Among 55 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 3 Hold. Therefore 78% are positive. Nordstrom Inc. had 116 analyst reports since August 14, 2015 according to SRatingsIntel. Piper Jaffray maintained Facebook, Inc. Needham & Company LLC initiated coverage on Wageworks in a research note on Friday, April 6th. The stock of Nordstrom, Inc. They issued a "buy" rating and a $86.00 price objective on the stock. (NYSE:JWN) earned "Sell" rating by Goldman Sachs on Thursday, February 2. It was reported on April, 16 by TimesSquare Capital Management LLC now owns 2,891,844 shares of the business services provider's stock valued at $179,294,000 after purchasing an additional 276,665 shares in the last quarter.

Analysts await Nordstrom, Inc. Wageworks Inc had 3 analyst reports since November 9, 2017 according to SRatingsIntel. The firm has "Buy" rating given on Thursday, June 9 by Standpoint Research. SunTrust maintained WageWorks, Inc. (NYSE:WAGE) on Wednesday, October 4 with "Buy" rating. The stock of WageWorks, Inc. The company was maintained on Monday, July 17 by Stifel Nicolaus. Stifel Nicolaus maintained WageWorks, Inc. (NYSE:WAGE) on Tuesday, October 3 with "Buy" rating. (NYSE:WAGE) rating on Thursday, November 9. Stifel Nicolaus has "Buy" rating and $80.0 target. The firm has "Outperform" rating by RBC Capital Markets given on Thursday, April 28.

(INTC) Shares Bought by Bollard Group LLC
Moreover, Augustine Asset Management Incorporated has 2.58% invested in Intel Corporation (NASDAQ: INTC ) for 98,449 shares. The company has a market capitalization of $246,640.88, a PE ratio of 14.99, a P/E/G ratio of 1.77 and a beta of 0.95.

Big Money Sentiment decreased to 1.58 in Q4 2017. Its down 0.30, from 1.88 in 2017Q3.

Wall Street brokerages expect that Wageworks Inc (NYSE:WAGE) will announce $0.41 earnings per share for the current fiscal quarter, Zacks Investment Research reports. 31 funds acquired holdings and 81 increased holdings.

Contravisory Investment holds 0% of its capital in WageWorks, Inc. Sg Americas Secs Ltd invested in 0.01% or 14,308 shares. Bnp Paribas Arbitrage has invested 0% of its portfolio in WageWorks, Inc. (NYSE:WAGE) for 12,483 shares. Wageworks earned a daily sentiment score of 0.00 on Accern's scale. (NYSE:WAGE) or 596,239 shares. Brown Advisory Inc reported 337,484 shares.

Want to see what other hedge funds are holding WAGE? Ranger Inv Management LP invested in 2.58% or 565,546 shares. (NYSE:WAGE). Plante Moran Advsrs Ltd Co stated it has 10 shs. Pacad Inv, British Columbia - Canada-based fund reported 500 shs. Neuberger Berman Gp owns 420,739 shares for 0.03% of their portfolio. It also increased its holding in Tabula Rasa 699,352 shares in the quarter, for a total of 777,341 shares, and has risen its stake in Pegasystems Inc. Goldman Sachs maintained Facebook, Inc.

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