Western Union Company (The) (WU) Forecasted to Earn Q1 2017 Earnings of $0.35 Per Share

Western Union Company (The) (NYSE:WU) – First Analysis decreased their Q1 2017 earnings per share (EPS) estimates for shares of Western Union Company (The) in a research note issued to investors on Sunday. First Analysis analyst L. Berlin now forecasts that the firm will post earnings per share of $0.35 for the quarter, down from their previous forecast of $0.41. First Analysis also issued estimates for Western Union Company (The)’s Q2 2017 earnings at $0.38 EPS, Q3 2017 earnings at $0.41 EPS, Q4 2017 earnings at $0.39 EPS, FY2017 earnings at $1.53 EPS and FY2018 earnings at $1.64 EPS.

A number of other equities analysts also recently commented on the stock. Zacks Investment Research upgraded shares of Western Union Company (The) from a “sell” rating to a “hold” rating in a report on Thursday, November 3rd. Compass Point downgraded shares of Western Union Company (The) from a “neutral” rating to a “sell” rating and set a $17.00 target price for the company. in a report on Friday, January 20th. BTIG Research set a $23.00 target price on shares of Western Union Company (The) and gave the stock a “buy” rating in a report on Monday, October 24th. Guggenheim started coverage on shares of Western Union Company (The) in a report on Wednesday, January 4th. They issued a “neutral” rating and a $23.00 target price for the company. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $19.00 target price on shares of Western Union Company (The) in a report on Thursday, November 3rd. Six analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $19.48.

Earnings History and Estimates for Western Union Company (The) (NYSE:WU)

“Western Union Company (The) (WU) Forecasted to Earn Q1 2017 Earnings of $0.35 Per Share” was first published by sleekmoney and is owned by of sleekmoney. If you are reading this piece on another domain, it was stolen and reposted in violation of international copyright laws. The original version of this piece can be read at http://sleekmoney.com/western-union-company-the-wu-forecasted-to-earn-q1-2017-earnings-of-0-35-per-share/1661534.html.

Western Union Company (NYSE:WU) opened at 19.68 on Tuesday. The stock has a market cap of $9.48 billion, a P/E ratio of 38.59 and a beta of 1.15. Western Union Company has a 12-month low of $17.06 and a 12-month high of $22.70. The company has a 50 day moving average of $20.93 and a 200-day moving average of $20.80.

Western Union Company (The) (NYSE:WU) last posted its quarterly earnings data on Thursday, February 9th. The company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.04. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.37 billion. Western Union Company (The) had a net margin of 4.67% and a return on equity of 69.22%. The firm’s revenue was down .6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.42 earnings per share.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 31st. Investors of record on Friday, March 17th will be issued a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 3.56%. The ex-dividend date of this dividend is Wednesday, March 15th. This is an increase from Western Union Company (The)’s previous quarterly dividend of $0.16. Western Union Company (The)’s dividend payout ratio is 128.00%.

“Western Union Company (The) (WU) Forecasted to Earn Q1 2017 Earnings of $0.35 Per Share” was first published by sleekmoney and is owned by of sleekmoney. If you are reading this piece on another domain, it was stolen and reposted in violation of international copyright laws. The original version of this piece can be read at http://sleekmoney.com/western-union-company-the-wu-forecasted-to-earn-q1-2017-earnings-of-0-35-per-share/1661534.html.

A number of institutional investors have recently modified their holdings of the company. Itau Unibanco Holding S.A. acquired a new position in shares of Western Union Company (The) during the third quarter valued at $115,000. IFP Advisors Inc increased its position in shares of Western Union Company (The) by 18.3% in the second quarter. IFP Advisors Inc now owns 6,214 shares of the company’s stock valued at $119,000 after buying an additional 963 shares during the period. Canada Pension Plan Investment Board increased its position in shares of Western Union Company (The) by 147.8% in the third quarter. Canada Pension Plan Investment Board now owns 5,791 shares of the company’s stock valued at $121,000 after buying an additional 3,454 shares during the period. Crow Point Partners LLC acquired a new position in shares of Western Union Company (The) during the third quarter valued at $139,000. Finally, Tower Research Capital LLC TRC increased its position in shares of Western Union Company (The) by 6.0% in the third quarter. Tower Research Capital LLC TRC now owns 8,645 shares of the company’s stock valued at $180,000 after buying an additional 491 shares during the period.

Western Union Company (The) Company Profile

The Western Union Company (Western Union) is a provider of money movement and payment services. The Company operates through three segments: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. Western Union’s Consumer-to-Consumer segment is engaged in individual money transfers from one consumer to another.

5 Day Chart for NYSE:WU

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