Western Union Sell Rating: Transparency Issues and Unsustainable Revenue Sources
TipRanks (Fri, 26-Apr 4:46 AM ET)
JMP Securities Sticks to Its Hold Rating for Western Union (WU)
TipRanks (Fri, 26-Apr 1:06 AM ET)
RBC Capital Sticks to Their Hold Rating for Western Union (WU)
TipRanks (Thu, 25-Apr 6:56 AM ET)
Wall Street Analysts Are Neutral on Top Financial Picks
TipRanks (Thu, 25-Apr 5:50 AM ET)
TipRanks (Thu, 25-Apr 5:41 AM ET)
KBW Keeps Their Hold Rating on Western Union (WU)
TipRanks (Thu, 25-Apr 1:26 AM ET)
Western Union Non-GAAP EPS of $0.45 beats by $0.04, revenue of $1.05B beats by $40M
Seeking Alpha News (Wed, 24-Apr 4:16 PM ET)
Western Union Reports First Quarter 2024 Results
Business Wire (Wed, 24-Apr 4:05 PM ET)
Western Union Q1 2024 Earnings Preview
Seeking Alpha News (Tue, 23-Apr 5:35 PM ET)
Notable earnings after Wednesday's close
Seeking Alpha News (Tue, 23-Apr 5:35 PM ET)
Western Union provides domestic and international money transfers through its global network of about 600,000 outside agents. The company handled over 270 million transactions in 2023 and is the largest money transfer company in the world.
Western Union Company trades on the NYSE stock market under the symbol WU.
As of April 26, 2024, WU stock price climbed to $13.47 with 3,617,040 million shares trading.
WU has a beta of 0.69, meaning it tends to be less sensitive to market movements. WU has a correlation of 0.12 to the broad based SPY ETF.
WU has a market cap of $4.56 billion. This is considered a Mid Cap stock.
Last quarter Western Union Company reported $1 billion in Revenue and $.45 earnings per share. This beat revenue expectation by $39 million and exceeded earnings estimates by $.04.
In the last 3 years, WU stock traded as high as $26.61 and as low as $10.07.
The top ETF exchange traded funds that WU belongs to (by Net Assets): VTI, IJH, VB, SCHD, DVY.
WU has outperformed the market in the last year with a price return of +34.4% while the SPY ETF gained +26.8%. WU has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +9.6% and +1.3%, respectively, while the SPY returned +4.5% and -1.9%, respectively.
WU support price is $13.12 and resistance is $13.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WU stock will trade within this expected range on the day.