The Western Union (WU) Issues FY18 Earnings Guidance

The Western Union (NYSE:WU) updated its FY18 earnings guidance on Tuesday. The company provided EPS guidance of $1.78-$1.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.83.

Several brokerages recently issued reports on WU. Zacks Investment Research lowered The Western Union from a hold rating to a sell rating in a research report on Saturday, February 3rd. Susquehanna Bancshares raised The Western Union from a negative rating to a neutral rating in a research report on Monday, January 8th. UBS Group raised The Western Union to a neutral rating in a research report 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 report on Thursday, December 14th. Finally, ValuEngine raised The Western Union from a hold rating to a buy rating in a research report on Friday, December 1st. Seven research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of $19.85.

The Western Union (NYSE WU) traded down $0.02 during trading on Tuesday, reaching $19.75. The company’s stock had a trading volume of 7,351,388 shares, compared to its average volume of 6,725,459. 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 stock has a market cap of $8,891.90, a P/E ratio of 43.04, a PEG ratio of 1.81 and a beta of 1.05. The Western Union has a twelve month low of $18.39 and a twelve month high of $22.21.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Friday, March 16th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 3.85%. This is an increase from The Western Union’s previous quarterly dividend of $0.18. The Western Union’s payout ratio is presently 152.17%.

In other The Western Union news, EVP Jean Claude Farah sold 50,813 shares of the business’s stock in a transaction dated 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 owns 152,362 shares in the company, valued at approximately $3,275,783. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Amintore Schenkel sold 15,600 shares of the business’s stock in a transaction dated Monday, January 8th. The shares were 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 approximately $2,060,331.06. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by insiders.

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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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