Analysts Offer Predictions for The Western Union Company’s Q1 2018 Earnings (WU)

The Western Union Company (NYSE:WU) – Equities research analysts at Northcoast Research issued their Q1 2018 earnings estimates for The Western Union in a note issued to investors on Wednesday. Northcoast Research analyst K. Mehta anticipates that the credit services provider will post earnings per share of $0.42 for the quarter. Northcoast Research also issued estimates for The Western Union’s Q2 2018 earnings at $0.52 EPS, Q3 2018 earnings at $0.51 EPS, Q4 2018 earnings at $0.45 EPS and FY2019 earnings at $2.00 EPS.

The Western Union (NYSE:WU) last released its earnings results on Tuesday, February 13th. The credit services provider reported $0.41 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.04). The Western Union had a positive return on equity of 119.17% and a negative net margin of 10.09%. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the previous year, the company earned $0.47 EPS.

Other equities research analysts have also issued research reports about the stock. Mizuho raised shares of The Western Union from an “underperform” rating to a “neutral” rating and set a $16.00 price objective for the company in a report on Wednesday. William Blair reissued a “market perform” rating on shares of The Western Union in a report on Wednesday. TheStreet lowered shares of The Western Union from a “b-” rating to a “c-” rating in a report on Tuesday. Goldman Sachs Group reissued a “sell” rating and issued a $17.00 price objective on shares of The Western Union in a report on Thursday, December 14th. Finally, Zacks Investment Research lowered shares of The Western Union from a “hold” rating to a “sell” rating in a report on Saturday, February 3rd. Six equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $19.85.

Shares of The Western Union (WU) opened at $20.30 on Thursday. 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 1-year low of $18.39 and a 1-year high of $22.21. The stock has a market cap of $9,071.03, a price-to-earnings ratio of 11.03, a PEG ratio of 1.85 and a beta of 1.05.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of New York Mellon Corp lifted its position in The Western Union by 0.6% in the third quarter. Bank of New York Mellon Corp now owns 36,024,158 shares of the credit services provider’s stock valued at $691,663,000 after buying an additional 222,786 shares during the last quarter. Lyrical Asset Management LP lifted its position in The Western Union by 3.3% in the fourth quarter. Lyrical Asset Management LP now owns 11,335,825 shares of the credit services provider’s stock valued at $215,494,000 after buying an additional 363,239 shares during the last quarter. Clarkston Capital Partners LLC lifted its position in The Western Union by 1.0% in the fourth quarter. Clarkston Capital Partners LLC now owns 9,139,401 shares of the credit services provider’s stock valued at $173,740,000 after buying an additional 94,611 shares during the last quarter. LSV Asset Management lifted its position in The Western Union by 6.3% in the fourth quarter. LSV Asset Management now owns 8,203,357 shares of the credit services provider’s stock valued at $155,945,000 after buying an additional 483,400 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in The Western Union by 13.9% in the fourth quarter. Geode Capital Management LLC now owns 5,517,365 shares of the credit services provider’s stock valued at $104,692,000 after buying an additional 673,748 shares during the last quarter.

In other The Western Union news, insider Amintore Schenkel sold 15,600 shares of the company’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 transaction, the insider now owns 93,694 shares of the company’s stock, valued at $2,060,331.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Jean Claude Farah sold 50,813 shares of the company’s stock in a transaction dated Monday, January 8th. The shares were sold at an average price of $21.50, for a total transaction of $1,092,479.50. Following the completion of the transaction, the executive vice president now directly owns 152,362 shares in the company, valued at approximately $3,275,783. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company’s stock.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Friday, March 16th will be given a $0.19 dividend. The ex-dividend date is Thursday, March 15th. This represents a $0.76 dividend on an annualized basis and a yield of 3.74%. This is a boost from The Western Union’s previous quarterly dividend of $0.18. The Western Union’s dividend payout ratio is presently -56.00%.

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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.

Earnings History and Estimates for The Western Union (NYSE:WU)

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