Western Union (NYSE:WU – Get Free Report) is expected to announce its earnings results after the market closes on Tuesday, February 4th. Analysts expect the company to announce earnings of $0.42 per share and revenue of $1.03 billion for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.
Western Union Price Performance
WU stock opened at $10.34 on Friday. The business has a 50-day simple moving average of $10.64 and a two-hundred day simple moving average of $11.32. Western Union has a 52-week low of $10.17 and a 52-week high of $14.19. The company has a market capitalization of $3.49 billion, a P/E ratio of 5.30, a price-to-earnings-growth ratio of 1.40 and a beta of 0.85. The company has a debt-to-equity ratio of 3.96, a quick ratio of 1.10 and a current ratio of 1.10.
Western Union Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a dividend of $0.235 per share. The ex-dividend date was Monday, December 23rd. This represents a $0.94 dividend on an annualized basis and a yield of 9.09%. Western Union’s dividend payout ratio (DPR) is 48.21%.
Wall Street Analyst Weigh In
Several analysts have weighed in on the company. UBS Group lowered their price objective on Western Union from $13.50 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, October 24th. StockNews.com raised Western Union from a “sell” rating to a “hold” rating in a research report on Friday, October 25th. Keefe, Bruyette & Woods cut their price objective on Western Union from $13.00 to $12.00 and set a “market perform” rating on the stock in a research report on Monday, December 9th. Finally, Barclays decreased their target price on Western Union from $11.00 to $10.00 and set an “underweight” rating for the company in a report on Friday, December 13th. Two research analysts have rated the stock with a sell rating and nine have given a hold rating to the company. Based on data from MarketBeat.com, Western Union has an average rating of “Hold” and a consensus target price of $12.63.
Check Out Our Latest Report on WU
Western Union Company Profile
The Western Union Company provides money movement and payment services worldwide. The company operates through Consumer Money Transfer and Consumer Services segments. The Consumer Money Transfer segment facilitates money transfers for international cross-border and intra-country transfers, primarily through a network of retail agent locations, as well as through websites and mobile devices.
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