The Western Union (WU) Earning Somewhat Positive Media Coverage, Analysis Shows
Headlines about The Western Union (NYSE:WU) have been trending somewhat positive on Sunday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. The Western Union earned a news sentiment score of 0.02 on Accern’s scale. Accern also gave news articles about the credit services provider an impact score of 44.8460284394849 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media stories that may have effected Accern’s rankings:
- For tech giants, a cautionary tale from 19th century railroads on the limits of competition (salon.com)
- China and Italy: Now featuring the emperor and the clown (washingtonpost.com)
- It’s not just banks — fintechs also need to upgrade for the API economy (paymentssource.com)
- Hackers Selling Apple IDs for $15 on the Dark Web (news.softpedia.com)
- Grand Cycles of History: The Age of Populist Dystopia (dailymaverick.co.za)
Several equities research analysts have weighed in on the stock. ValuEngine raised shares of The Western Union from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Goldman Sachs Group reiterated a “sell” rating and issued a $17.00 price target on shares of The Western Union in a research note on Thursday, December 14th. UBS Group upgraded shares of The Western Union to a “neutral” rating in a research note on Monday, January 8th. Susquehanna Bancshares upgraded shares of The Western Union from a “negative” rating to a “neutral” rating in a research note on Monday, January 8th. Finally, Zacks Investment Research lowered shares of The Western Union from a “hold” rating to a “sell” rating in a research note on Saturday, February 3rd. Five investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. The Western Union has a consensus rating of “Hold” and an average price target of $19.85.
The Western Union (NYSE:WU) last posted its quarterly earnings data on Tuesday, February 13th. The credit services provider reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.04). The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.40 billion. The Western Union had a positive return on equity of 206.81% and a negative net margin of 10.09%. During the same period in the previous year, the business posted $0.47 EPS. research analysts predict that The Western Union will post 1.85 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 16th will be issued a $0.19 dividend. This is an increase from The Western Union’s previous quarterly dividend of $0.18. The ex-dividend date is Thursday, March 15th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.77%. The Western Union’s dividend payout ratio (DPR) is presently -56.00%.
In other The Western Union news, EVP Jean Claude Farah sold 50,813 shares of The Western Union stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $21.50, for a total transaction of $1,092,479.50. Following the transaction, the executive vice president now owns 152,362 shares of the company’s stock, valued at $3,275,783. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Amintore Schenkel sold 15,600 shares of The Western Union stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $21.99, for a total transaction of $343,044.00. Following the transaction, the insider now directly owns 93,694 shares in the company, valued at approximately $2,060,331.06. The disclosure for this sale can be found here. Company insiders own 1.10% of the company’s stock.
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The Western Union 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. 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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