The Western Union Company (NYSE:WU – Get Free Report) has received an average rating of “Reduce” from the eleven brokerages that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation and eight have assigned a hold recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $13.61.
Several research firms have commented on WU. Monness Crespi & Hardt assumed coverage on Western Union in a research note on Wednesday, March 20th. They issued a “neutral” rating on the stock. JPMorgan Chase & Co. increased their target price on shares of Western Union from $13.00 to $14.00 and gave the stock an “underweight” rating in a report on Thursday, April 25th. Finally, Evercore ISI lifted their price target on shares of Western Union from $14.00 to $15.00 and gave the company an “in-line” rating in a research note on Thursday, April 25th.
Get Our Latest Research Report on WU
Institutional Trading of Western Union
Western Union Stock Performance
Shares of WU stock opened at $12.26 on Friday. The stock has a 50-day moving average of $12.94 and a 200-day moving average of $12.84. The stock has a market cap of $4.15 billion, a PE ratio of 7.25, a price-to-earnings-growth ratio of 1.79 and a beta of 0.85. Western Union has a one year low of $10.92 and a one year high of $14.19. The company has a debt-to-equity ratio of 6.38, a current ratio of 1.01 and a quick ratio of 1.01.
Western Union (NYSE:WU – Get Free Report) last released its quarterly earnings results on Wednesday, April 24th. The credit services provider reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.05. Western Union had a net margin of 14.12% and a return on equity of 120.76%. The company had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the prior year, the company earned $0.43 earnings per share. The business’s quarterly revenue was up 1.2% compared to the same quarter last year. As a group, sell-side analysts expect that Western Union will post 1.76 earnings per share for the current year.
Western Union Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be issued a $0.235 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 7.67%. Western Union’s payout ratio is 55.62%.
About Western Union
The Western Union Company provides money movement and payment services worldwide. The company operates through Consumer Money Transfer and Consumer Services segments. The Consumer Money Transfer segment facilitates money transfers for international cross-border and intra-country transfers, primarily through a network of retail agent locations, as well as through websites and mobile devices.
Read More
- Five stocks we like better than Western Union
- Using the MarketBeat Dividend Tax Calculator
- Chipotle Mexican Grill Stock Split: Where Does it Go From Here?
- The 3 Best Fintech Stocks to Buy Now
- Arm Holdings and Micron: Top 2 AI Stocks to Buy and Hold
- Most Volatile Stocks, What Investors Need to Know
- Best Buy Stock May Be Best Bought Before the Holiday Season
Receive News & Ratings for Western Union Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Union and related companies with MarketBeat.com's FREE daily email newsletter.