The Western Union Company (NYSE:WU) Receives $8.70 Consensus Price Target from Analysts

by · The Cerbat Gem

Shares of The Western Union Company (NYSE:WU – Get Free Report) have earned an average recommendation of “Reduce” from the fourteen research firms that are covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a sell recommendation and ten have issued a hold recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $8.70.

WU has been the subject of several analyst reports. Keefe, Bruyette & Woods decreased their price objective on Western Union from $10.00 to $9.00 and set a “market perform” rating for the company in a report on Wednesday, October 1st. Zacks Research upgraded Western Union from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 7th. UBS Group lifted their target price on shares of Western Union from $8.50 to $9.00 and gave the company a “neutral” rating in a report on Monday, November 10th. Susquehanna upped their price objective on shares of Western Union from $9.00 to $10.00 and gave the stock a “neutral” rating in a research report on Monday, November 10th. Finally, Weiss Ratings upgraded Western Union from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, October 8th.

View Our Latest Stock Report on Western Union

Western Union Stock Down 0.9%

Western Union stock opened at $9.31 on Thursday. The company has a debt-to-equity ratio of 2.80, a quick ratio of 1.12 and a current ratio of 1.12. Western Union has a fifty-two week low of $7.85 and a fifty-two week high of $11.94. The company has a market cap of $2.96 billion, a PE ratio of 4.07, a PEG ratio of 2.92 and a beta of 0.52. The business’s 50-day simple moving average is $9.02 and its two-hundred day simple moving average is $8.59.

Western Union (NYSE:WU – Get Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The credit services provider reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.04. Western Union had a net margin of 18.80% and a return on equity of 60.85%. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same period last year, the firm posted $0.46 EPS. Western Union’s revenue for the quarter was down .3% compared to the same quarter last year. Western Union has set its FY 2025 guidance at 1.650-1.750 EPS. Equities analysts anticipate that Western Union will post 1.79 EPS for the current year.

Western Union Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be issued a dividend of $0.235 per share. This represents a $0.94 annualized dividend and a yield of 10.1%. The ex-dividend date of this dividend is Monday, December 22nd. Western Union’s dividend payout ratio (DPR) is presently 41.05%.

Insiders Place Their Bets

In other news, insider Giovanni Angelini acquired 10,000 shares of the business’s stock in a transaction on Monday, November 10th. The stock was bought at an average cost of $8.95 per share, for a total transaction of $89,500.00. Following the purchase, the insider owned 186,932 shares in the company, valued at approximately $1,673,041.40. This represents a 5.65% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.58% of the company’s stock.

Institutional Trading of Western Union

Several large investors have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB lifted its holdings in Western Union by 606.7% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 3,265 shares of the credit services provider’s stock valued at $26,000 after purchasing an additional 2,803 shares in the last quarter. UMB Bank n.a. raised its position in shares of Western Union by 260.7% in the third quarter. UMB Bank n.a. now owns 3,593 shares of the credit services provider’s stock valued at $29,000 after buying an additional 2,597 shares during the last quarter. Danske Bank A S purchased a new position in shares of Western Union in the third quarter worth about $37,000. Hantz Financial Services Inc. boosted its position in Western Union by 667.0% during the second quarter. Hantz Financial Services Inc. now owns 4,602 shares of the credit services provider’s stock worth $39,000 after acquiring an additional 4,002 shares during the last quarter. Finally, Caldwell Trust Co purchased a new stake in Western Union during the 2nd quarter valued at about $45,000. 91.81% of the stock is currently owned by hedge funds and other institutional investors.

About Western Union

(Get Free Report)

Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. The company enables individuals and businesses to send and receive money through a variety of channels, including its vast agent network, online platforms, and mobile applications. Core services include person-to-person money transfers, business-to-business cross-border payments, bill payment services and prepaid card programs.

Through its digital offerings, Western Union provides customers with the ability to initiate transfers via its website and mobile app, as well as track transactions in real time.

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