The latest buying and selling session ended with Western Union (WU) standing at $10.32, reflecting a -0.77% shift from the previouse buying and selling day’s closing. This alteration lagged the S&P 500’s every day lack of 0.51%. Elsewhere, the Dow noticed a downswing of 0.75%, whereas the tech-heavy Nasdaq depreciated by 0.28%.
Heading into at the moment, shares of the cash switch firm had misplaced 0.38% over the previous month, lagging the Enterprise Companies sector’s achieve of 6.38% and the S&P 500’s achieve of two.87% in that point.
The funding neighborhood will likely be carefully monitoring the efficiency of Western Union in its forthcoming earnings report. The corporate is scheduled to launch its earnings on February 4, 2025. The corporate is predicted to publish an EPS of $0.42, indicating a 13.51% development in comparison with the equal quarter final yr. Our most up-to-date consensus estimate is asking for quarterly income of $1.03 billion, down 2.48% from the year-ago interval.
Traders also needs to observe any current modifications to analyst estimates for Western Union. These revisions assist to point out the ever-changing nature of near-term enterprise developments. Consequently, upward revisions in estimates categorical analysts’ positivity in direction of the corporate’s enterprise operations and its potential to generate income.
Our analysis reveals that these estimate modifications are straight correlated with near-term inventory costs. To take advantage of this, we have fashioned the Zacks Rank, a quantitative mannequin that features these estimate modifications and presents a viable ranking system.
The Zacks Rank system, stretching from #1 (Robust Purchase) to #5 (Robust Promote), has a noteworthy monitor report of outperforming, validated by third-party audits, with shares rated #1 producing a median annual return of +25% because the yr 1988. Over the past 30 days, the Zacks Consensus EPS estimate has remained unchanged. Western Union is presently sporting a Zacks Rank of #3 (Maintain).
Digging into valuation, Western Union presently has a Ahead P/E ratio of 5.68. Its business sports activities a median Ahead P/E of 14.43, so one would possibly conclude that Western Union is buying and selling at a reduction comparatively.
In the meantime, WU’s PEG ratio is presently 1.41. The PEG ratio is akin to the generally utilized P/E ratio, however this measure additionally incorporates the corporate’s anticipated earnings development charge. The Monetary Transaction Companies business had a median PEG ratio of 1.3 as buying and selling concluded yesterday.
The Monetary Transaction Companies business is a part of the Enterprise Companies sector. This business presently has a Zacks Trade Rank of 77, which places it within the prime 31% of all 250+ industries.
The Zacks Trade Rank is ordered from finest to worst when it comes to the typical Zacks Rank of the person firms inside every of those sectors. Our analysis reveals that the highest 50% rated industries outperform the underside half by an element of two to 1.
To comply with WU within the coming buying and selling classes, remember to make the most of Zacks.com.
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The Western Union Company (WU) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
