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Western Union (WU) Stock Moves -0.76%: What You Should Know
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Western Union (WU - Free Report) ended the recent trading session at $11.71, demonstrating a -0.76% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily loss of 0.96%. On the other hand, the Dow registered a loss of 0.94%, and the technology-centric Nasdaq decreased by 1.18%.
Shares of the money transfer company witnessed a loss of 2.88% over the previous month, trailing the performance of the Business Services sector with its gain of 4.01% and the S&P 500's gain of 4.3%.
The upcoming earnings release of Western Union will be of great interest to investors. The company's upcoming EPS is projected at $0.44, signifying a 2.33% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.03 billion, showing a 5.91% drop compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.77 per share and revenue of $4.18 billion. These totals would mark changes of +1.72% and -4.08%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Western Union. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Western Union is currently a Zacks Rank #2 (Buy).
In terms of valuation, Western Union is currently trading at a Forward P/E ratio of 6.68. This valuation marks a discount compared to its industry's average Forward P/E of 17.33.
We can additionally observe that WU currently boasts a PEG ratio of 1.77. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Financial Transaction Services industry had an average PEG ratio of 1.33.
The Financial Transaction Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 75, finds itself in the top 30% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Western Union (WU) Stock Moves -0.76%: What You Should Know
Western Union (WU - Free Report) ended the recent trading session at $11.71, demonstrating a -0.76% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily loss of 0.96%. On the other hand, the Dow registered a loss of 0.94%, and the technology-centric Nasdaq decreased by 1.18%.
Shares of the money transfer company witnessed a loss of 2.88% over the previous month, trailing the performance of the Business Services sector with its gain of 4.01% and the S&P 500's gain of 4.3%.
The upcoming earnings release of Western Union will be of great interest to investors. The company's upcoming EPS is projected at $0.44, signifying a 2.33% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.03 billion, showing a 5.91% drop compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.77 per share and revenue of $4.18 billion. These totals would mark changes of +1.72% and -4.08%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Western Union. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Western Union is currently a Zacks Rank #2 (Buy).
In terms of valuation, Western Union is currently trading at a Forward P/E ratio of 6.68. This valuation marks a discount compared to its industry's average Forward P/E of 17.33.
We can additionally observe that WU currently boasts a PEG ratio of 1.77. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Financial Transaction Services industry had an average PEG ratio of 1.33.
The Financial Transaction Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 75, finds itself in the top 30% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.