Equities Analysts Set Expectations for The Western Union Company’s Q1 2020 Earnings (NYSE:WU)

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The Western Union Company (NYSE:WU) – Equities research analysts at Northcoast Research issued their Q1 2020 earnings per share estimates for shares of The Western Union in a research report issued to clients and investors on Wednesday, February 12th. Northcoast Research analyst K. Mehta forecasts that the credit services provider will earn $0.46 per share for the quarter. Northcoast Research also issued estimates for The Western Union’s Q2 2020 earnings at $0.50 EPS, Q3 2020 earnings at $0.54 EPS, Q4 2020 earnings at $0.51 EPS and FY2021 earnings at $2.20 EPS.

The Western Union (NYSE:WU) last released its quarterly earnings data on Tuesday, February 11th. The credit services provider reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.05). The firm had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.32 billion. The Western Union had a negative return on equity of 475.84% and a net margin of 21.07%. During the same quarter last year, the business earned $0.49 earnings per share.

A number of other equities research analysts have also issued reports on WU. Morgan Stanley set a $20.00 target price on The Western Union and gave the company a “sell” rating in a research note on Friday, November 1st. BTIG Research reiterated a “buy” rating and issued a $31.00 target price on shares of The Western Union in a research note on Wednesday, December 18th. ValuEngine lowered The Western Union from a “hold” rating to a “sell” rating in a research note on Friday, January 10th. SunTrust Banks increased their target price on The Western Union to $26.00 and gave the company a “hold” rating in a research note on Monday, November 4th. Finally, Wolfe Research set a $24.00 target price on The Western Union and gave the company a “sell” rating in a research note on Friday, November 1st. Eight investment analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $24.81.

The Western Union stock opened at $26.24 on Thursday. The company has a debt-to-equity ratio of 101.99, a current ratio of 0.96 and a quick ratio of 0.96. The Western Union has a 12 month low of $17.52 and a 12 month high of $28.44. The company has a market cap of $11.00 billion, a price-to-earnings ratio of 10.05, a price-to-earnings-growth ratio of 0.93 and a beta of 0.78. The stock’s 50-day moving average is $27.04 and its 200-day moving average is $24.96.

A number of hedge funds and other institutional investors have recently modified their holdings of WU. Pinnacle Financial Partners Inc. acquired a new stake in The Western Union during the 4th quarter valued at approximately $26,000. CENTRAL TRUST Co grew its stake in The Western Union by 73.4% during the 3rd quarter. CENTRAL TRUST Co now owns 2,244 shares of the credit services provider’s stock valued at $52,000 after purchasing an additional 950 shares in the last quarter. American National Bank acquired a new stake in The Western Union during the 4th quarter valued at approximately $56,000. Quest Capital Management Inc. ADV acquired a new stake in The Western Union during the 3rd quarter valued at approximately $62,000. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in The Western Union by 34.3% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,777 shares of the credit services provider’s stock valued at $74,000 after purchasing an additional 710 shares in the last quarter.

In other The Western Union news, insider Caroline Tsai sold 2,417 shares of the firm’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $26.87, for a total transaction of $64,944.79. Following the completion of the sale, the insider now owns 55,360 shares in the company, valued at approximately $1,487,523.20. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Roberto G. Mendoza sold 26,504 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $26.94, for a total value of $714,017.76. Following the sale, the director now owns 94,334 shares of the company’s stock, valued at approximately $2,541,357.96. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 53,474 shares of company stock valued at $1,440,420. 1.33% of the stock is owned by insiders.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 3.43%. The ex-dividend date is Monday, March 16th. This is a positive change from The Western Union’s previous quarterly dividend of $0.20. The Western Union’s dividend payout ratio (DPR) is 41.67%.

About The Western Union

The Western Union Company provides money movement and payment services worldwide. The company operates in two segments, Consumer-to-Consumer and Business Solutions. The Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents. This segment offers international cross-border transfers and intra-country transfers, as well as money transfer transactions through Websites and mobile devices.

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

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