Brokerages Anticipate The Western Union Company (WU) to Post $0.44 Earnings Per Share

Brokerages expect that The Western Union Company (NYSE:WU) will announce earnings of $0.44 per share for the current quarter, Zacks Investment Research reports. Eight analysts have provided estimates for The Western Union’s earnings. The highest EPS estimate is $0.48 and the lowest is $0.42. The Western Union reported earnings per share of $0.47 in the same quarter last year, which suggests a negative year-over-year growth rate of 6.4%. The firm is expected to announce its next quarterly earnings results after the market closes on Tuesday, February 13th.

According to Zacks, analysts expect that The Western Union will report full-year earnings of $1.83 per share for the current year, with EPS estimates ranging from $1.81 to $1.84. For the next year, analysts anticipate that the firm will report earnings of $1.85 per share, with EPS estimates ranging from $1.77 to $1.90. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that follow The Western Union.

The Western Union (NYSE:WU) last posted its earnings results on Thursday, November 2nd. The credit services provider reported $0.53 EPS for the quarter, beating the consensus estimate of $0.44 by $0.09. The firm had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.39 billion. The Western Union had a return on equity of 116.85% and a net margin of 3.83%. The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period last year, the company earned $0.46 earnings per share.

Several equities research analysts recently commented on WU shares. Susquehanna Bancshares raised The Western Union from a “negative” rating to a “neutral” rating in a research note on Monday, January 8th. UBS Group raised The Western Union to a “neutral” rating in a research note on Monday, January 8th. Goldman Sachs Group reaffirmed a “sell” rating and set a $17.00 target price on shares of The Western Union in a research note on Thursday, December 14th. ValuEngine raised The Western Union from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, Zacks Investment Research raised The Western Union from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Monday, November 6th. Six investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. The Western Union presently has an average rating of “Hold” and an average price target of $19.85.

Shares of The Western Union (NYSE:WU) traded up $0.05 during mid-day trading on Monday, hitting $20.24. The stock had a trading volume of 4,212,800 shares, compared to its average volume of 8,502,046. The firm has a market capitalization of $9,296.08, a PE ratio of 44.00, a price-to-earnings-growth ratio of 1.90 and a beta of 1.00. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 4.98. The Western Union has a 12 month low of $18.39 and a 12 month high of $22.21.

The business also recently announced a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Monday, December 18th were issued a $0.175 dividend. The ex-dividend date was Friday, December 15th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 3.46%. The Western Union’s dividend payout ratio is presently 152.17%.

In related news, EVP Jean Claude Farah sold 50,813 shares of The Western Union stock in a transaction on Monday, January 8th. The stock was sold at an average price of $21.50, for a total transaction of $1,092,479.50. Following the sale, the executive vice president now directly owns 152,362 shares in the company, valued at $3,275,783. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Amintore Schenkel sold 15,600 shares of The Western Union stock in a transaction on Monday, January 8th. The stock was sold at an average price of $21.99, for a total value of $343,044.00. Following the sale, the insider now owns 93,694 shares in the company, valued at $2,060,331.06. The disclosure for this sale can be found here. Insiders sold 83,931 shares of company stock worth $1,794,643 in the last 90 days. Corporate insiders own 1.10% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the business. Thrivent Financial For Lutherans increased its position in The Western Union by 1.1% in the second quarter. Thrivent Financial For Lutherans now owns 17,900 shares of the credit services provider’s stock worth $341,000 after buying an additional 190 shares during the last quarter. Advisory Services Network LLC increased its position in The Western Union by 4.2% in the second quarter. Advisory Services Network LLC now owns 21,115 shares of the credit services provider’s stock worth $402,000 after buying an additional 858 shares during the last quarter. MML Investors Services LLC increased its position in The Western Union by 3.2% in the second quarter. MML Investors Services LLC now owns 28,409 shares of the credit services provider’s stock worth $541,000 after buying an additional 889 shares during the last quarter. ARGI Investment Services LLC grew its position in shares of The Western Union by 6.2% in the third quarter. ARGI Investment Services LLC now owns 45,269 shares of the credit services provider’s stock valued at $869,000 after purchasing an additional 2,642 shares in the last quarter. Finally, Boston Research & Management Inc. grew its position in shares of The Western Union by 1.9% in the third quarter. Boston Research & Management Inc. now owns 148,975 shares of the credit services provider’s stock valued at $2,860,000 after purchasing an additional 2,710 shares in the last quarter.

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About The Western Union

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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