Western Union Company (NYSE:WU) finished Wednesday with an addition of $0.1 to close at $13.07, an upside of 0.77 percent. An average of 4,599,720 shares of common stock have been traded in the last five days. There was a gain of $0.11 in the past week, and it reached a new high 7 times over the past 12 months. The last 20 days have seen an average of 4,803,710 shares traded, while the 50-day average volume stands at 4,454,692.
WU stock has increased by 7.40% in the last month. The company shares reached their 1-month lowest point of $11.98 on 08/28/23. 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 $14.84 in 52 weeks. It has reached a new high 5 times so far this year and lost -5.08% or -$0.70 in price. In spite of this, the price is down -11.93% from the 52-week high.
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Valuation Metrics
Western Union Company (WU) has a trailing price-to-earnings (P/E) ratio of 6.63. The stock’s beta is 0.84. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.12, the price-to-book (PB) ratio at 7.81, and the price-to-cash flow ratio at 9.58.
The company has a payout ratio of 40.09%. 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 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 Western Union Company (WU) price momentum. RSI 9-day as of the close on 27 September was 64.99%, suggesting the stock is Neutral, with historical volatility in this time frame at 13.90%.
As of today, WU’s price is $13.04 +0.85% or $0.11 from its 5-day moving average. WU is currently trading +6.87% higher than its 20-day SMA and +8.83% higher than its 100-day SMA. However, the stock’s current price level is +7.57% above the SMA50 and -6.04% below the SMA200.
The stochastic %K and %D were 81.36% and 82.99%, respectively, and the average true range (ATR) was 0.23. With the 14-day stochastic at 81.48% and the average true range at 0.23, the RSI (14) stands at 64.76%. The stock has reached 0.15 on the 9-day MACD Oscillator while the 14-day reading was at 0.19.
Analyst Ratings
Wolfe Research upgraded 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.
