1 week Ago By ABMN Staff
Shares of The Western Union Company ( NYSE:WU – Get Free Report ) have received an average recommendation of “Reduce” from the ten brokerages that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation and seven have assigned a hold recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $13.
14. A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co.
lowered their target price on shares of Western Union from $14.00 to $12.00 and set an “underweight” rating on the stock in a report on Tuesday, August 20th.
Royal Bank of Canada reduced their price target on Western Union from $16.00 to $14.00 and set a “sector perform” rating for the company in a report on Wednesday, July 31st.
Citigroup restated a “neutral” rating and issued a $13.00 price objective on shares of Western Union in a research note on Wednesday, July 17th. Finally, StockNews.
com upgraded Western Union from a “sell” rating to a “hold” rating in a research note on Thursday, August 29th. Read Our Latest Stock Report on Western Union Institutional Inflows and Outflows Western Union Trading Up 0.7 % Shares of NYSE:WU opened at $12.
15 on Friday. The stock has a market capitalization of $4.11 billion, a PE ratio of 7.
19, a price-to-earnings-growth ratio of 1.83 and a beta of 0.86.
The company’s 50-day moving average price is $12.12 and its two-hundred day moving average price is $12.79.
The company has a debt-to-equity ratio of 5.98, a current ratio of 1.05 and a quick ratio of 1.
05. Western Union has a one year low of $10.92 and a one year high of $14.
19. Western Union ( NYSE:WU – Get Free Report ) last issued its quarterly earnings results on Tuesday, July 30th. The credit services provider reported $0.
44 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.01).
The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.06 billion.
Western Union had a net margin of 13.64% and a return on equity of 123.71%.
The business’s revenue for the quarter was down 8.9% on a year-over-year basis. During the same period last year, the company posted $0.
51 earnings per share. On average, equities analysts forecast that Western Union will post 1.77 EPS for the current fiscal year.
Western Union Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be given a dividend of $0.235 per share.
This represents a $0.94 annualized dividend and a yield of 7.74%.
The ex-dividend date is Monday, September 16th. Western Union’s payout ratio is 55.62%.
About Western Union ( Get Free Report 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.
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