Western Union Company (NYSE: WU) is -4.62% lower on its value in year-to-date trading and has touched a low of $9.00 and a high of $13.93 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WU stock was last observed hovering at around $10.00 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $10.11, the stock is 0.54% and -3.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.59 million and changing 1.10% at the moment leaves the stock -9.20% off its SMA200. WU registered -22.35% loss for a year compared to 6-month loss of -15.26%. The firm has a 50-day simple moving average (SMA 50) of $10.468 and a 200-day simple moving average (SMA200) of $11.1448.
The stock witnessed a -3.62% gain in the last 1 month and extending the period to 3 months gives it a -1.46%, and is 2.74% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.70% over the week and 3.76% over the month.
Western Union Company (WU) has around 9100 employees, a market worth around $3.35B and $4.20B in sales. Current P/E ratio is 3.69 and Fwd P/E is 5.37. Profit margin for the company is 22.22%. Distance from 52-week low is 12.33% and -27.42% from its 52-week high. The company has generated returns on investments over the last 12 months (23.15%).
with sales reaching $1.04B over the same period.The EPS is expected to grow by 2.04% this year, but quarterly earnings will post -1.49% year-over-year. Quarterly sales are estimated to shrink -2.28% in year-over-year returns.
621.0 institutions hold shares in Western Union Company (WU), with institutional investors hold 95.90% of the company’s shares. The shares outstanding are 337.90M, and float is at 332.15M with Short Float at 8.36%. Institutions hold 95.62% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 38.6 million shares valued at $471.74 million. The investor’s holdings represent 11.401 of the WU Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 33.88 million shares valued at $414.03 million to account for 10.0064 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 22.33 million shares representing 6.594 and valued at over $272.84 million, while CAPITAL RESEARCH GLOBAL INVESTORS holds 5.6524 of the shares totaling 19.14 million with a market value of $233.88 million.