$ 0.53 EPS expected for The Western Union Company (NYSE: WU) this quarter

Wall Street analysts expect The Western Union Company (NYSE: WU) to post earnings per share (EPS) of $ 0.53 for the current quarter, Zacks reports. Five analysts have made estimates for Western Union’s earnings. The lowest EPS estimate is $ 0.51 and the highest is $ 0.54. Western Union posted earnings of $ 0.45 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 17.8%. The company is expected to announce its next quarterly results on Wednesday, February 9.

According to Zacks, analysts expect Western Union to report annual earnings of $ 2.08 per share for the current fiscal year, with EPS estimates ranging from $ 2.06 to $ 2.09. For the next fiscal year, analysts predict the company will post earnings of $ 2.25 per share, with EPS estimates ranging from $ 2.15 to $ 2.33. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts who cover Western Union.

Western Union (NYSE: WU) last released its quarterly earnings data on Monday, November 1. The credit services provider reported earnings per share (EPS) of $ 0.63 for the quarter, beating Zacks’ consensus estimate of $ 0.58 by $ 0.05. Western Union recorded a return on equity of 311.01% and a net margin of 16.10%. The company posted revenue of $ 1.29 billion in the quarter, compared to a consensus estimate of $ 1.31 billion. During the same period last year, the company made a profit of $ 0.57 per share.

A number of equity research analysts have weighed on WU stocks. Susquehanna lowered its price target on Western Union from $ 23.00 to $ 21.00 and established a “neutral” rating for the company in a report released on Wednesday, November 3. Bank of America downgraded Western Union from a “buy” rating to an “underperformance” rating and lowered its target price for the stock from $ 25.00 to $ 20.00 in a report released Thursday . BTIG Research downgraded Western Union from a “buy” rating to a “neutral” rating in a report released on Wednesday, October 20. Northland Securities lowered its price target on Western Union from $ 32.00 to $ 25.00 and set an “outperformance” rating for the company in a report released on Wednesday, November 3. Finally, Citigroup downgraded Western Union from a “neutral” rating to a “buy” rating and set a price target of $ 27.00 for the company in a report released on Monday, September 27. Four analysts gave the stock a sell rating, seven assigned a conservation rating and three gave the company’s stock a buy rating. Based on data from MarketBeat.com, Western Union has an average “Hold” rating and a consensus price target of $ 22.50.

(A d)

Whether you are looking to learn the basics of futures or are a seasoned veterinarian looking to hone your trading skills, our technical analysis guide has everything you need to be successful in today’s futures markets. hui!

Hedge funds and other institutional investors have recently changed their holdings in the company. Caisse DE Dépôt ET Placement DU Québec increased its stake in Western Union shares by 289.2% during the second quarter. Caisse DE Dépôt ET Placement DU Québec now owns 369,449 shares of the credit service provider valued at $ 8,486,000 after purchasing an additional 274,532 shares during the period. Calamos Advisors LLC increased its stake in Western Union shares by 9.7% during the 3rd quarter. Calamos Advisors LLC now owns 352,018 shares of the credit service provider valued at $ 7,118,000 after purchasing an additional 31,061 shares during the period. BlackRock Inc. increased its stake in Western Union shares by 0.6% during the 2nd quarter. BlackRock Inc. now owns 51,872,736 shares of the credit service provider valued at $ 1,191,516,000 after purchasing an additional 298,893 shares during the period. Bridgewater Associates LP purchased a new equity stake in Western Union during the second quarter valued at $ 1,566,000. Finally, Wells Fargo & Company MN increased its stake in Western Union by 286.0% during the 2nd quarter. Wells Fargo & Company MN now owns 2,419,917 shares of the credit services provider valued at $ 55,585,000 after purchasing an additional 1,792,934 shares during the period. 98.27% of the shares are currently held by hedge funds and other institutional investors.

WU shares opened at $ 19.01 on Friday. The company has a market cap of $ 7.64 billion, a P / E ratio of 9.60 and a beta of 0.95. The stock has a 50-day simple moving average of $ 17.71 and a 200-day simple moving average of $ 20.34. The company has a leverage ratio of 7.74, a rapid ratio of 0.93, and a current ratio of 0.93. Western Union has a 52 week minimum of $ 15.69 and a 52 week maximum of $ 26.61.

The company also recently declared a quarterly dividend, which was paid on Friday, December 31. Shareholders of record on Friday, December 17 received a dividend of $ 0.235 per share. The ex-dividend date of this dividend was Thursday, December 16. This represents a dividend of $ 0.94 on an annualized basis and a dividend yield of 4.94%. Western Union’s dividend payout ratio is currently 47.47%.

Western Union Company Profile

The Western Union Co is a holding company providing money transfer and payment services. It operates through the following segments: consumer to consumer; Business solutions; and other. The consumer-to-consumer segment facilitates money transfers between two consumers. The Business Solutions segment offers payment and currency solutions, cross-border and inter-currency transactions, for small and medium-sized businesses and other organizations and individuals.

Further reading: Example of operating profit, EBIT and EBITDA

Get a Free Copy of Zacks’ Western Union (WU) Research Report

For more information on Zacks Investment Research’s research offerings, visit Zacks.com

History and earnings estimates for Western Union (NYSE: WU)

This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in Western Union now?

Before you consider Western Union, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes hold of… and Western Union was not on the list.

While Western Union currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better bets.

See the 5 actions here