Q4 EPS Estimates for Western Union Reduced by William Blair

The Western Union Company (NYSE:WU) – Research analysts at William Blair lowered their Q4 2024 earnings per share estimates for shares of Western Union in a note issued to investors on Wednesday, October 23rd. William Blair analyst C. Kennedy now expects that the credit services provider will earn $0.41 per share for the quarter, down from their previous estimate of $0.43. The consensus estimate for Western Union’s current full-year earnings is $1.76 per share. William Blair also issued estimates for Western Union’s Q1 2025 earnings at $0.47 EPS, Q3 2025 earnings at $0.48 EPS, Q4 2025 earnings at $0.43 EPS and FY2026 earnings at $1.95 EPS.

A number of other brokerages have also recently weighed in on WU. StockNews.com upgraded Western Union from a “sell” rating to a “hold” rating in a research note on Friday. Citigroup restated a “neutral” rating and set a $13.00 price objective on shares of Western Union in a research note on Wednesday, July 17th. UBS Group decreased their price objective on Western Union from $13.50 to $12.00 and set a “neutral” rating for the company in a research note on Thursday. Royal Bank of Canada decreased their price objective on Western Union from $16.00 to $14.00 and set a “sector perform” rating for the company in a research note on Wednesday, July 31st. Finally, JPMorgan Chase & Co. decreased their price objective on Western Union from $14.00 to $12.00 and set an “underweight” rating for the company in a research note on Tuesday, August 20th. Three research analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $12.86.

Western Union Trading Up 0.1 %

Shares of NYSE WU opened at $11.17 on Friday. The company has a debt-to-equity ratio of 5.98, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a market capitalization of $3.77 billion, a P/E ratio of 6.85, a price-to-earnings-growth ratio of 1.74 and a beta of 0.86. Western Union has a 1-year low of $10.92 and a 1-year high of $14.19. The business has a fifty day moving average price of $11.85 and a 200 day moving average price of $12.36.

Western Union (NYSE:WU) last issued its earnings results on Wednesday, October 23rd. The credit services provider reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.02. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Western Union had a return on equity of 123.71% and a net margin of 13.64%. The business’s revenue for the quarter was down 5.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.43 EPS.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. MCF Advisors LLC acquired a new position in shares of Western Union in the first quarter valued at about $30,000. Quarry LP increased its holdings in shares of Western Union by 52.9% in the second quarter. Quarry LP now owns 2,588 shares of the credit services provider’s stock valued at $32,000 after purchasing an additional 895 shares during the period. LRI Investments LLC acquired a new position in shares of Western Union in the first quarter valued at about $37,000. Northwestern Mutual Wealth Management Co. grew its holdings in Western Union by 89.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,226 shares of the credit services provider’s stock worth $39,000 after acquiring an additional 1,522 shares during the period. Finally, Abich Financial Wealth Management LLC grew its holdings in Western Union by 59.9% during the first quarter. Abich Financial Wealth Management LLC now owns 3,292 shares of the credit services provider’s stock worth $46,000 after acquiring an additional 1,233 shares during the period. 91.81% of the stock is owned by institutional investors and hedge funds.

Western Union Company Profile

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.