The Western Union Company (NYSE:WU) finished Thursday with a subtraction of $0.0 to close at $11.92, a downside of 0.00 percent. An average of 3,081,660 shares of common stock have been traded in the last five days. There was a gain of $0.25 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 3,993,610 shares traded, while the 50-day average volume stands at 4,569,586.
WU stock has decreased by -4.18% in the last month. The company shares reached their 1-month lowest point of $11.51 on 08/15/23. With the stock rallying to its 52-week high on 01/11/23, shares of the company touched a low of $10.07 and a high of $15.87 in 52 weeks. It has reached a new high 5 times so far this year and lost -13.44% or -$1.85 in price. In spite of this, the price is down -24.89% from the 52-week high.
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Valuation Metrics
The Western Union Company (WU) has a trailing price-to-earnings (P/E) ratio of 6.04. The stock’s beta is 0.88. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.01, the price-to-book (PB) ratio at 7.14, and the price-to-cash flow ratio at 10.98.
The company has a payout ratio of 47.50%. The company’s most recent quarterly dividend payment was $0.2350 a share, without any change from last year. Its latest increase dividend $0.01 reported on Wednesday February 10 2021.
Financial Health
Further, the company has a long term debt to equity ratio of 3.41 and a total debt to equity ratio of 4.49 for the quarter ending June 29. Its gross profit as reported stood at $1.85 billion compared to revenue of $4.48 billion.
Earnings Surprise
In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $176.2 million in the quarter, while revenues of $151.8 million were shrunk -10.1%. The analyst consensus anticipated The Western Union Company’s latest quarter earnings to come in at $0.39 per share, but it turned out to be $0.51, a 30.80% surprise. For the quarter, EBITDA amounted to $288.5 million. Shareholders own equity worth $374.54 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at The Western Union Company (WU) price momentum. RSI 9-day as of the close on 24 August was 54.54%, suggesting the stock is Neutral, with historical volatility in this time frame at 15.83%.
As of today, WU’s price is $11.82 +2.14% or $0.25 from its 5-day moving average. WU is currently trading -3.40% lower than its 20-day SMA and +6.91% higher than its 100-day SMA. However, the stock’s current price level is +1.02% above the SMA50 and -6.95% below the SMA200.
The stochastic %K and %D were 47.08% and 38.61%, respectively, and the average true range (ATR) was 0.22. With the 14-day stochastic at 51.25% and the average true range at 0.24, the RSI (14) stands at 51.69%. The stock has reached 0.15 on the 9-day MACD Oscillator while the 14-day reading was at 0.10.
Analyst Ratings
Wolfe Research upgraded The Western Union Company (NYSE: WU) to a a Peer perform rating in its most recent analyst report. Previously, the stock was rated as an Underperform. The consensus rating for The Western Union Company (WU) among analysts is Hold. According to current brokerage recommendations, 6 brokerage firms advise that investors sell WU, while 13 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 2 others rate it as a “buy”.
