The Western Union Company (WU) Reached A New High 1 time During The Past Five Days

As of Friday close, The Western Union Company’s (NYSE:WU) stock was up $0.05, moving up 0.42 percent to $11.94. The average number of shares traded per day over the past five days has been 3,890,740 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.06 fall in that time frame. In the last twenty days, the average volume was 4,449,930, while in the previous 50 days, it was 4,855,496.

Since last month, WU stock rose 5.48%. Shares of the company fell to $11.28 on 07/07/23, the lowest level in the past month. A 52-week high of $17.02 was reached on 01/11/23 after having rallying from a 52-week low of $10.07. Since the beginning of this year, WU’s stock price has dropped by -13.29% or -$1.83, and marked a new high 5 times. However, the stock has declined by -29.85% since its 52-week high.

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WU stock investors should be aware that The Western Union Company (WU) stock had its last reported insider trading activity 271 days ago on Nov 07. JOERRES JEFFREY A, the Non-Executive Chairman of the company, purchased of 7,745 shares for $12.84 on Nov 07. It resulted in a $99,463 investment by the insider.

Valuation Metrics

Right now, The Western Union Company (WU) has a P/E ratio of about 6.05. The stock’s beta is 0.89. Besides these, the trailing price-to-sales (P/S) ratio of 1.05, the price-to-book (PB) ratio of 7.15, and the price-to-cash flow ratio of 101.74 may also be considered.

The latest dividend of $0.2350 per share was paid out, remained unchanged from last year’s $0.2350. On Wednesday February 10 2021, a $0.01 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 3.41, and the total debt-to-equity ratio was 4.49. On the profitability front, the trailing twelve-month gross margin is 39.70% percent. In the year ended June 29, operating margins totaled 21.10%. Based on annual data, WU earned $1.85 billion in gross profit and brought in $4.48 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 33.50%. Return on equity (ROE) for the past 12 months was 137.50%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. WU’s revenue rose 2.71% to $1.04 billion during the quarter, while net income inched up to $1.17 billion. While analysts expected The Western Union Company to report $0.39 quarterly earnings, the actual figure was $0.51 per share, beating the consensus estimate by 30.80%. During the quarter, the company generated $288.5 million in EBITDA. The liabilities of The Western Union Company were 7.86 billion at the end of its most recent quarter ended June 29, and its total debt was $2.81 billion. The value of shareholders’ equity is $374.54 million.

Technical Picture

This quick technical analysis looks at The Western Union Company’s (WU) price momentum. With a historical volatility rate of 16.93%, the RSI 9-day stood at 43.70% on 04 August.

With respect to its five-day moving average, the current The Western Union Company price is down by -0.50% percent or -$0.06. At present, WU shares trade +3.47% above its 20-day simple moving average and +12.96% percent above its 100-day simple moving average. However, the stock is currently trading approximately -1.40% below its SMA50 and -15.32% below its SMA200.

Stochastic coefficient K was 10.65% and Stochastic coefficient D was 13.08%, while ATR was 0.31. Given the Stochastic reading of 11.39% for the 14-day period, the RSI (14) reading has been calculated as 47.83%. As of today, the MACD Oscillator reading stands at -0.22, while the 14-day reading stands at -0.27.

Analyst Ratings

Wolfe Research upgraded its rating on The Western Union Company (NYSE: WU) to a Peer perform in a note to investors on April 20, 2023. The analysts firm previously had an Underperform rating on the stock.The Western Union Company (WU) has been rated Hold by analysts. According to 6 brokerage firms, WU is a sell, and 13 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate The Western Union Company stock as buy, with 2 recommending it as overweight.

With a median target price of $13.00, the current consensus forecast for the stock is $10.00 – $18.00. Based on these forecasts, analysts predict The Western Union Company (WU) will achieve an average price target of $13.00.

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