Brokerages forecast that Western Union Company (The) (NYSE:WU) will post earnings per share of $0.44 for the current quarter, according to Zacks. Eight analysts have issued estimates for Western Union’s earnings. The highest EPS estimate is $0.48 and the lowest is $0.42. Western Union posted earnings per share of $0.47 during the same quarter last year, which indicates a negative year over year growth rate of 6.4%. The company is expected to report its next earnings report on Thursday, February 8th.

According to Zacks, analysts expect that Western Union will report full year earnings of $1.83 per share for the current financial year, with EPS estimates ranging from $1.81 to $1.84. For the next fiscal year, analysts expect that the firm will post earnings of $1.85 per share, with EPS estimates ranging from $1.79 to $1.90. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that follow Western Union.

Western Union (NYSE:WU) last issued its earnings results on Thursday, November 2nd. The credit services provider reported $0.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.09. The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.39 billion. Western Union had a net margin of 3.83% and a return on equity of 116.85%. Western Union’s revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.46 earnings per share.

A number of research analysts have weighed in on WU shares. ValuEngine lowered shares of Western Union from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research raised shares of Western Union from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a research note on Monday, November 6th. Citigroup raised their price objective on shares of Western Union from $17.00 to $17.50 and gave the company a “sell” rating in a research note on Friday, November 3rd. Morgan Stanley raised their price objective on shares of Western Union from $18.00 to $19.00 and gave the company an “underweight” rating in a research note on Friday, November 3rd. Finally, Mizuho reiterated a “sell” rating and issued a $16.00 target price on shares of Western Union in a report on Sunday, October 15th. Six equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $20.14.

Western Union (NYSE WU) opened at $19.71 on Friday. Western Union has a 12 month low of $18.39 and a 12 month high of $22.70. The firm has a market cap of $9,050.00, a price-to-earnings ratio of 10.64, a price-to-earnings-growth ratio of 1.86 and a beta of 1.01. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 4.98.

In related news, EVP Jean Claude Farah sold 17,518 shares of the firm’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $20.50, for a total transaction of $359,119.00. Following the completion of the sale, the executive vice president now owns 139,500 shares in the company, valued at $2,859,750. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.10% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Fiduciary Trust Co. bought a new stake in Western Union during the second quarter valued at approximately $121,000. Capstone Investment Advisors Netherlands B.V. bought a new stake in Western Union during the second quarter valued at approximately $129,000. IFP Advisors Inc lifted its holdings in shares of Western Union by 3.1% in the 2nd quarter. IFP Advisors Inc now owns 7,836 shares of the credit services provider’s stock worth $149,000 after acquiring an additional 239 shares during the last quarter. Pacer Advisors Inc. lifted its holdings in shares of Western Union by 8.4% in the 2nd quarter. Pacer Advisors Inc. now owns 8,109 shares of the credit services provider’s stock worth $154,000 after acquiring an additional 627 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC bought a new stake in shares of Western Union in the 3rd quarter worth approximately $186,000.

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About Western Union

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. The Company’s Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents.

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

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