Shares of The Western Union Company (NYSE:WU) have been given a consensus rating of “Hold” by the eight analysts that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation and five have given 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 $19.67.
WU has been the subject of several recent research reports. Zacks Investment Research upgraded Zymeworks from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a report on Saturday, April 27th. ValuEngine upgraded The Western Union from a “sell” rating to a “hold” rating in a report on Friday, March 22nd. Finally, Northcoast Research downgraded The Western Union from a “buy” rating to a “neutral” rating in a report on Wednesday, May 8th.
In other The Western Union news, EVP Richard L. Williams sold 16,000 shares of the company’s stock in a transaction on Monday, June 17th. The stock was sold at an average price of $20.01, for a total value of $320,160.00. Following the completion of the transaction, the executive vice president now owns 108,782 shares in the company, valued at approximately $2,176,727.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Richard L. Williams sold 35,686 shares of the company’s stock in a transaction on Wednesday, July 10th. The shares were sold at an average price of $20.75, for a total value of $740,484.50. Following the completion of the transaction, the executive vice president now owns 130,439 shares of the company’s stock, valued at approximately $2,706,609.25. The disclosure for this sale can be found here. Insiders sold a total of 67,398 shares of company stock valued at $1,377,084 in the last 90 days. Corporate insiders own 1.33% of the company’s stock.
Shares of NYSE:WU traded up $0.09 during trading on Friday, reaching $20.50. 2,950,300 shares of the stock were exchanged, compared to its average volume of 5,839,816. The Western Union has a 1-year low of $16.42 and a 1-year high of $20.89. The stock has a fifty day moving average price of $19.90. The stock has a market capitalization of $8.85 billion, a price-to-earnings ratio of 10.68, a price-to-earnings-growth ratio of 2.29 and a beta of 0.82.
The Western Union (NYSE:WU) last announced its quarterly earnings results on Tuesday, May 7th. The credit services provider reported $0.39 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.43 by ($0.04). The Western Union had a negative return on equity of 216.66% and a net margin of 14.65%. The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter last year, the company posted $0.45 EPS. The company’s quarterly revenue was down 3.8% compared to the same quarter last year. On average, equities research analysts predict that The Western Union will post 1.8 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were paid a $0.20 dividend. The ex-dividend date was Thursday, June 13th. This represents a $0.80 dividend on an annualized basis and a yield of 3.90%. The Western Union’s dividend payout ratio (DPR) is presently 41.67%.
About The Western Union
The Western Union Company provides money movement and payment services worldwide. The company operates in two segments, Consumer-to-Consumer and Business Solutions. The Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents. This segment offers international cross-border transfers and intra-country transfers, as well as money transfer transactions through Websites and mobile devices.
Featured Story: What is Liquidity?
Receive News & Ratings for The Western Union Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Western Union and related companies with MarketBeat.com's FREE daily email newsletter.