Equities Analysts Offer Predictions for Western Union Company (The)’s Q4 2017 Earnings (WU)
Western Union Company (The) (NYSE:WU) – Analysts at First Analysis decreased their Q4 2017 EPS estimates for Western Union in a research note issued on Tuesday. First Analysis analyst L. Berlin now anticipates that the credit services provider will post earnings per share of $0.42 for the quarter, down from their prior forecast of $0.46. First Analysis also issued estimates for Western Union’s Q2 2018 earnings at $0.46 EPS, Q3 2018 earnings at $0.47 EPS and FY2018 earnings at $1.79 EPS.
Western Union (NYSE:WU) last announced its earnings results on Thursday, November 2nd. The credit services provider reported $0.53 EPS for the quarter, topping the consensus estimate of $0.44 by $0.09. The firm had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.39 billion. Western Union had a net margin of 3.83% and a return on equity of 116.85%. The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.46 EPS.
Several other research analysts also recently commented on WU. Stifel Nicolaus reiterated a “hold” rating and issued a $20.00 target price (up previously from $19.00) on shares of Western Union in a report on Wednesday, August 9th. Barclays lifted their target price on shares of Western Union from $21.00 to $22.00 and gave the stock an “underweight” rating in a report on Friday, August 4th. ValuEngine upgraded shares of Western Union from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Jefferies Group reiterated a “hold” rating and issued a $19.00 target price on shares of Western Union in a report on Thursday, October 12th. Finally, Mizuho restated a “sell” rating and set a $16.00 price objective on shares of Western Union in a report on Sunday, October 15th. Six equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $20.14.
Shares of Western Union (NYSE WU) traded up $0.21 on Wednesday, reaching $19.69. 2,691,900 shares of the company traded hands, compared to its average volume of 4,208,406. The company has a market cap of $9,025.10, a P/E ratio of 10.62, a PEG ratio of 1.86 and a beta of 1.01. Western Union has a 12-month low of $18.39 and a 12-month high of $22.70. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 4.98.
In other news, EVP Jean Claude Farah sold 17,518 shares of Western Union stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $20.50, for a total transaction of $359,119.00. Following the sale, the executive vice president now directly owns 139,500 shares in the company, valued at approximately $2,859,750. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.10% of the stock is currently owned by insiders.
Large investors have recently added to or reduced their stakes in the business. PGGM Investments boosted its position in Western Union by 0.4% in the third quarter. PGGM Investments now owns 1,713,369 shares of the credit services provider’s stock valued at $32,897,000 after buying an additional 6,772 shares in the last quarter. Janus Henderson Group PLC boosted its position in Western Union by 219.4% in the second quarter. Janus Henderson Group PLC now owns 174,463 shares of the credit services provider’s stock valued at $3,324,000 after buying an additional 119,846 shares in the last quarter. Prudential Financial Inc. boosted its position in Western Union by 1.4% in the second quarter. Prudential Financial Inc. now owns 1,064,100 shares of the credit services provider’s stock valued at $20,271,000 after buying an additional 14,830 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its position in Western Union by 10.3% in the second quarter. Robeco Institutional Asset Management B.V. now owns 303,283 shares of the credit services provider’s stock valued at $5,777,000 after buying an additional 28,308 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its position in Western Union by 15.7% in the second quarter. Oppenheimer Asset Management Inc. now owns 327,285 shares of the credit services provider’s stock valued at $6,234,000 after buying an additional 44,443 shares in the last quarter.
Western Union Company Profile
The Western Union Company (Western Union) is a provider of money movement and payment services. The Company operates through three segments: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. The Company’s Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents.
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