How Will Western Union Company (NYSE: WU) Perform In The Next Few Months?

Western Union Company (NYSE:WU) has a beta value of 0.88 and has seen 6.45 million shares traded in the last trading session. The company, currently valued at $4.00B, closed the last trade at $11.84 per share which meant it lost -$0.01 on the day or -0.08% during that session. The WU stock price is -19.85% off its 52-week high price of $14.19 and 7.77% above the 52-week low of $10.92. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.15 million shares traded. The 3-month trading volume is 3.97 million shares.

The consensus among analysts is that Western Union Company (WU) is Hold stock at the moment, with a recommendation rating of 3.39. 3 analysts rate the stock as a Sell, while 0 rate it as Overweight. 5 out of 10 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.44.

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Western Union Company (NYSE:WU) trade information

Sporting -0.08% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the WU stock price touched $11.84 or saw a rise of 0.84%. Year-to-date, Western Union Company shares have moved -0.67%, while the 5-day performance has seen it change 1.11%. Over the past 30 days, the shares of Western Union Company (NYSE:WU) have changed -0.17%. Short interest in the company has seen 20.73 million shares shorted with days to cover at 5.53.

Wall Street analysts have a consensus price target for the stock at $18, which means that the shares’ value could jump 34.22% from current levels. The projected low price target is $11.0 while the price target rests at a high of $25.0. In that case, then, we find that the current price level is -111.15% off the targeted high while a plunge would see the stock lose 7.09% from current levels.

Western Union Company (WU) estimates and forecasts

Figures show that Western Union Company shares have underperformed across the wider relevant industry. The company’s shares have lost -7.79% over the past 6 months, with this year growth rate of 1.72%, compared to 17.20% for the industry. Revenue growth from the last financial year stood is estimated to be -4.00%.

15 analysts offering their estimates for the company have set an average revenue estimate of 1.03B for the current quarter. 15 have an estimated revenue figure of 1.04B for the next ending quarter. Year-ago sales stood 1.1B and 1.05B respectively for this quarter and the next, and analysts expect sales will shrink by -6.20% for the current quarter and -4.00% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -2.13% over the past 5 years. Earnings growth for 2024 is a modest 1.20% while over the next 5 years, the company’s earnings are expected to increase by 3.78%.

WU Dividends

Western Union Company is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.94 at a share yield of 7.94%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 5.66%.

Western Union Company (NYSE:WU)’s Major holders

Insiders own 0.30% of the company shares, while shares held by institutions stand at 93.90% with a share float percentage of 94.19%. Investors are also buoyed by the number of investors in a company, with Western Union Company having a total of 621.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 38.6 million shares worth more than $471.74 million. As of 2024-06-30, VANGUARD GROUP INC held 11.209% of shares outstanding.

The other major institutional holder is BLACKROCK INC., with the holding of over 33.88 million shares as of 2024-06-30. The firm’s total holdings are worth over $414.03 million and represent 9.8379% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Price (T.Rowe) Mid-Cap Value Fund and American Mutual Fund Inc . As of Jun 30, 2024 , the former fund manager holds about 3.62% shares in the company for having 12.22 shares of worth $144.72 million while later fund manager owns 11.32 shares of worth $134.04 million as of Jul 31, 2024 , which makes it owner of about 3.35% of company’s outstanding stock.