Western Union FY2024 EPS Estimate Decreased by William Blair

The Western Union Company (NYSE:WU - Free Report) - Equities research analysts at William Blair dropped their FY2024 earnings per share estimates for shares of Western Union in a research note issued on Wednesday, October 23rd. William Blair analyst C. Kennedy now anticipates that the credit services provider will post earnings of $1.75 per share for the year, down from their prior forecast of $1.76. The consensus estimate for Western Union's current full-year earnings is $1.77 per share. William Blair also issued estimates for Western Union's Q2 2025 earnings at $0.46 EPS and FY2025 earnings at $1.83 EPS.

Western Union (NYSE:WU - Get Free Report) last posted its earnings results on Wednesday, October 23rd. The credit services provider reported $0.46 EPS for the quarter, topping the consensus estimate of $0.44 by $0.02. Western Union had a net margin of 16.07% and a return on equity of 120.39%. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same period last year, the company earned $0.43 EPS. The firm's revenue was down 5.6% compared to the same quarter last year.

Several other equities research analysts have also recently weighed in on the company. Royal Bank of Canada decreased their price target on Western Union from $16.00 to $14.00 and set a "sector perform" rating for the company in a research note on Wednesday, July 31st. JPMorgan Chase & Co. lowered their price target on shares of Western Union from $14.00 to $12.00 and set an "underweight" rating for the company in a report on Tuesday, August 20th. Citigroup reaffirmed a "neutral" rating and issued a $13.00 price objective on shares of Western Union in a research note on Wednesday, July 17th. UBS Group lowered their target price on shares of Western Union from $13.50 to $12.00 and set a "neutral" rating for the company in a research note on Thursday. Finally, StockNews.com raised shares of Western Union from a "sell" rating to a "hold" rating in a research report on Friday. Three research analysts have rated the stock with a sell rating and eight have given a hold rating to the company. Based on data from MarketBeat, Western Union has a consensus rating of "Hold" and an average price target of $12.86.

Western Union Trading Up 0.4 %

NYSE WU traded up $0.05 on Monday, reaching $11.22. The company had a trading volume of 3,288,773 shares, compared to its average volume of 4,066,415. The firm has a market cap of $3.79 billion, a price-to-earnings ratio of 5.76, a P/E/G ratio of 1.67 and a beta of 0.86. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.10 and a quick ratio of 1.10. Western Union has a fifty-two week low of $10.92 and a fifty-two week high of $14.19. The business has a 50 day moving average of $11.85 and a two-hundred day moving average of $12.35.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Quarry LP lifted its stake in shares of Western Union by 52.9% in the second quarter. Quarry LP now owns 2,588 shares of the credit services provider's stock valued at $32,000 after buying an additional 895 shares in the last quarter. National Bank of Canada FI lifted its position in Western Union by 1.1% in the 2nd quarter. National Bank of Canada FI now owns 80,813 shares of the credit services provider's stock valued at $979,000 after acquiring an additional 896 shares in the last quarter. Dakota Wealth Management boosted its stake in Western Union by 1.8% during the 2nd quarter. Dakota Wealth Management now owns 56,066 shares of the credit services provider's stock valued at $685,000 after purchasing an additional 979 shares during the last quarter. Abich Financial Wealth Management LLC boosted its stake in Western Union by 31.1% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 4,316 shares of the credit services provider's stock valued at $53,000 after purchasing an additional 1,024 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in Western Union by 4.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 27,050 shares of the credit services provider's stock worth $331,000 after purchasing an additional 1,091 shares in the last quarter. 91.81% of the stock is owned by institutional investors and hedge funds.

About Western Union

The Western Union Company provides money movement and payment services worldwide. The company operates through Consumer Money Transfer and Consumer Services segments. The Consumer Money Transfer segment facilitates money transfers for international cross-border and intra-country transfers, primarily through a network of retail agent locations, as well as through websites and mobile devices.