In yesterday’s Wall Street session, Western Union Company (NYSE:WU) shares traded at $10.34, up 0.58% from the previous session.
WU stock price is now -3.17% away from the 50-day moving average and -12.55% away from the 200-day moving average. The market capitalization of the company currently stands at $3.49B.
On December 05, 2023, BMO Capital Markets recently initiated its ‘Market Perform’ rating on the stock quoting a target price of $12, while ‘UBS’ rates the stock as ‘Neutral’
In other news, Murphy Timothy P., Director bought 10,000 shares of the company’s stock on Feb 26 ’24. The stock was bought for $128,499 at an average price of $12.85. Upon completion of the transaction, the Director now directly owns 56,205 shares in the company, valued at $0.58 million. A total of 0.42% of the company’s stock is owned by insiders.
During the past 12 months, Western Union Company has had a low of $10.19 and a high of $14.19. According to the stock market information, the enterprise value for the company is $4981963264, which is based on a 5.28 price-to-earnings ratio, a 1.58 price-to-earnings-growth ratio, and a beta of 0.87. The fifty day moving average price for WU is $10.6784 and a two-hundred day moving average price translates $11.82365 for the stock.
The latest earnings results from Western Union Company (NYSE: WU) was released for 2024-09-30. The net profit margin was 16.09% and return on equity was 106.69% for WU. The company reported revenue of $1.04 billion for the quarter, compared to $1.1 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.63 percent.
