Zacks: Analysts Expect The Western Union Company (WU) to Announce $0.44 EPS

Equities research analysts expect that The Western Union Company (NYSE:WU) will report $0.44 earnings per share (EPS) for the current quarter, Zacks reports. Eight analysts have issued 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 of $0.47 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 6.4%. The firm is expected to issue its next 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 financial year, with EPS estimates ranging from $1.81 to $1.84. For the next financial year, analysts forecast that the business will post earnings of $1.85 per share, with EPS estimates ranging from $1.77 to $1.90. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that follow The Western Union.

Several analysts recently weighed in on the company. ValuEngine raised The Western Union from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Jefferies Group reaffirmed a “hold” rating and issued a $19.00 price objective on shares of The Western Union in a research note on Thursday, October 12th. Susquehanna Bancshares raised The Western Union from a “negative” rating to a “neutral” rating in a research note on Monday, January 8th. Zacks Investment Research lowered The Western Union from a “hold” rating to a “sell” rating in a research note on Saturday, February 3rd. Finally, Citigroup increased their target price on The Western Union from $17.00 to $17.50 and gave the company a “sell” rating in a research report on Friday, November 3rd. Seven investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $19.85.

The Western Union (NYSE:WU) traded down $0.20 on Thursday, hitting $19.29. The stock had a trading volume of 910,566 shares, compared to its average volume of 6,388,758. The firm has a market cap of $9,098.58, a price-to-earnings ratio of 41.98, a P/E/G ratio of 1.86 and a beta of 1.05. The Western Union has a 12 month low of $18.39 and a 12 month high of $22.21. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 4.98.

In other news, EVP Jean Claude Farah sold 50,813 shares of the firm’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 completion of the transaction, 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 available through this hyperlink. Also, insider Amintore Schenkel sold 15,600 shares of the firm’s stock in a transaction dated Monday, January 8th. The stock was 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 disclosure for this sale can be found here. 1.10% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently modified their holdings of the company. PGGM Investments increased its holdings in The Western Union by 0.4% in the third quarter. PGGM Investments now owns 1,713,369 shares of the credit services provider’s stock worth $32,897,000 after purchasing an additional 6,772 shares in the last quarter. Janus Henderson Group PLC increased its holdings in The Western Union by 219.4% in the second quarter. Janus Henderson Group PLC now owns 174,463 shares of the credit services provider’s stock worth $3,324,000 after purchasing an additional 119,846 shares in the last quarter. Sun Life Financial INC increased its holdings in The Western Union by 94.5% in the third quarter. Sun Life Financial INC now owns 22,160 shares of the credit services provider’s stock worth $425,000 after purchasing an additional 10,765 shares in the last quarter. PVG Asset Management Corp bought a new stake in The Western Union in the third quarter worth approximately $269,000. Finally, Polaris Capital Management LLC increased its holdings in The Western Union by 2.2% in the second quarter. Polaris Capital Management LLC now owns 1,442,816 shares of the credit services provider’s stock worth $27,486,000 after purchasing an additional 31,400 shares in the last quarter.

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The Western Union Company Profile

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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