We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Western Union (WU) Gains As Market Dips: What You Should Know
Read MoreHide Full Article
Western Union (WU - Free Report) ended the recent trading session at $8.17, demonstrating a +1.24% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.38% for the day. At the same time, the Dow lost 0.2%, and the tech-heavy Nasdaq lost 0.67%.
The money transfer company's shares have seen a decrease of 7.67% over the last month, not keeping up with the Business Services sector's loss of 0.66% and the S&P 500's gain of 4.06%.
Analysts and investors alike will be keeping a close eye on the performance of Western Union in its upcoming earnings disclosure. On that day, Western Union is projected to report earnings of $0.43 per share, which would represent a year-over-year decline of 6.52%. Meanwhile, the latest consensus estimate predicts the revenue to be $1.02 billion, indicating a 1.39% decrease compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.7 per share and revenue of $4.08 billion. These totals would mark changes of -2.3% and -3.06%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Western Union. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Western Union is currently sporting a Zacks Rank of #4 (Sell).
In terms of valuation, Western Union is currently trading at a Forward P/E ratio of 4.75. This signifies a discount in comparison to the average Forward P/E of 14.6 for its industry.
One should further note that WU currently holds a PEG ratio of 2.77. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Financial Transaction Services industry was having an average PEG ratio of 1.19.
The Financial Transaction Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 44, placing it within the top 18% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Western Union (WU) Gains As Market Dips: What You Should Know
Western Union (WU - Free Report) ended the recent trading session at $8.17, demonstrating a +1.24% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.38% for the day. At the same time, the Dow lost 0.2%, and the tech-heavy Nasdaq lost 0.67%.
The money transfer company's shares have seen a decrease of 7.67% over the last month, not keeping up with the Business Services sector's loss of 0.66% and the S&P 500's gain of 4.06%.
Analysts and investors alike will be keeping a close eye on the performance of Western Union in its upcoming earnings disclosure. On that day, Western Union is projected to report earnings of $0.43 per share, which would represent a year-over-year decline of 6.52%. Meanwhile, the latest consensus estimate predicts the revenue to be $1.02 billion, indicating a 1.39% decrease compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.7 per share and revenue of $4.08 billion. These totals would mark changes of -2.3% and -3.06%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Western Union. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Western Union is currently sporting a Zacks Rank of #4 (Sell).
In terms of valuation, Western Union is currently trading at a Forward P/E ratio of 4.75. This signifies a discount in comparison to the average Forward P/E of 14.6 for its industry.
One should further note that WU currently holds a PEG ratio of 2.77. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Financial Transaction Services industry was having an average PEG ratio of 1.19.
The Financial Transaction Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 44, placing it within the top 18% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.