The Western Union Company (WU) up 0.87 per cent in the past week, is under coverage of 27 analysts who collectively recommend a hold rating on stock. 5 of the analysts have a buy or better rating; the 2 sells versus 5 underperforms. The 19 equity analysts who rate the stock have an average target price at $19.16, with individual targets ranging between $15 and $24. The shares closed last trade at $19.62, implying that analysts see shares falling about -2.34 per cent in 12 months’ time.
Insider Activity: Insiders look pessimistic about the prospects of the company that they seem to offload shares while they are 10.47 up so far this year. A Chief Acct. Officer at The Western Union Company (WU) sold shares in the company in a transaction completed on Tuesday April 19, 2016. Schenkel Amintore offloaded 28,816 shares in the company at an average price of $20.13 and ended up generating $580,070 in proceeds. Schenkel Amintore retains 70,203 shares in the company after this transaction. A EVP & Pres, Americas & Europe in the company, Almeida Odilon, on Friday April 08, 2016 collected $39,430 from the sale of 2,014 shares at $20.13 each. Insiders are expected to know better about the health and prospects of their company, which is why insiders’ move deserves attention.
Earnings to Watch: Investors considering WU stock at the going market price of $19.62/share should know the stock will next release quarterly results for the June 2016 quarter. For the reporting quarter, analysts expect the company to deliver $0.4 in earnings per share (EPS). That would represent a -2.44% year-over-year decrease. Revenue for the same period is expected to arrive at $1.38B.
Earnings Roundup: In the last fiscal quarter alone, The Western Union Company generated around $1.3B in revenue and net income of $0.37/share. That compares with the consensus estimate $1.31B and $0.38/share, respectively. For the prior quarter revenue for the company hit $1.38B, with earnings at $0.42/share.
Analyst Coverage: Compass Point has been a brokerage house following shares of The Western Union Company (WU), so its rating change is noteworthy. The stock was initiated at Neutral, wrote analysts at Compass Point, in a note issued to clients on Friday April 15, 2016. There was another key note issued by Macquarie on Wednesday February 10, 2016. The firm lowered its rating on WU from Outperform to Neutral.
Price Momentum: Despite the 0.1% increase in value, the stock’s new closing price represents a -7.69% fall in value from company’s one year high of $21.96. The stock is currently holding above its 50 day moving average of $0.45 and above its 200 day moving average of $19.51. Over the last three months and over the last six months, the shares of The Western Union Company (WU), have changed 6% and 18.65%, respectively.