Western Union Company (NYSE: WU) – Analysts’ Views Revised To A Positive

Western Union Company (NYSE:WU) price closed lower on Tuesday, April 16, dropping -1.09% below its previous close.

A look at the daily price movement shows that the last close reads $12.84. The company’s P/E ratio in the trailing 12-month period read 7.55. Taking into account the 52-week price action we note that the stock hit a 52-week high of $14.19 and 52-week low of $10.37. The stock subtracted -5.79% on its value in the past month.

Western Union Company, which has a market valuation of $4.35 billion. The company stock has a Forward Dividend ratio of 0.94, while the dividend yield is 7.40%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give WU a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.

If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 4.66. The overview shows that WU’s price is at present -6.36% off the SMA20 and -4.41% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 31.89, with weekly volatility standing at 2.02%. The indicator jumps to 1.82% when calculated based on the past 30 days. Western Union Company (NYSE:WU)’s beta value is holding at 0.87, while the average true range (ATR) indicator is currently reading 0.27.

An analysis of the Western Union Company (NYSE:WU) stock in terms of its daily trading volume indicates that the 3-month average is 4.45 million.

Current records show that the company has 350.50M in outstanding shares. The insiders’ percentage holdings are 0.69% of outstanding shares while the percentage share held by institutions stands at 95.26%. But the 6.54% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.

Most Popular