In yesterday’s Wall Street session, Western Union Company (NYSE:WU) shares traded at $12.03, up 1.26% from the previous session.
As of this writing, 22 analysts cover Western Union Company (NYSE:WU). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $18.00 and a low of $10.00, we find $13.00. Given the previous closing price of $11.88, this indicates a potential upside of 9.43 percent. WU stock price is now -1.73% away from the 50-day moving average and 0.88% away from the 200-day moving average. The market capitalization of the company currently stands at $4.38B.
There are 14 analysts who have given it a hold rating, whereas 2 have given it a buy rating. Brokers who have rated the stock have averaged $13.03 as their price target over the next twelve months.
With the price target of $12, BMO Capital Markets recently initiated with Market Perform rating for Western Union Company (NYSE: WU).
Insiders disposed of 125,114 shares of company stock worth roughly $1.51 million over the past 1 year. A total of 0.47% of the company’s stock is owned by insiders.
Wednesday morning saw Western Union Company (NYSE: WU) opened at $11.86. During the past 12 months, Western Union Company has had a low of $10.07 and a high of $14.79. According to the stock market information, the enterprise value for the company is $5.50B, which is based on a 6.08 price-to-earnings ratio, a 6.27 price-to-earnings-growth ratio, and a beta of 0.85. The fifty day moving average price for WU is $12.24 and a two-hundred day moving average price translates $11.92 for the stock.
The latest earnings results from Western Union Company (NYSE: WU) was released for Sep, 2023. According to the Credit Services Company, earnings per share came in at $0.43, beating analysts’ expectations of $0.39 by 0.04. This compares to $0.45 EPS in the same period last year. The net profit margin was 17.05% and return on equity was 131.08% for WU. The company reported revenue of $1.1 billion for the quarter, compared to $1.09 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.75 percent. For the current quarter, analysts expect WU to generate $1.03B in revenue.
