The Western Union Company [NYSE: WU] stock went on a downward path that fall over -1.49% on Wednesday, amounting to a one-week price decrease of less than -3.88%. The company report on December 21, 2022 that Study: Almost 60% of Saudi Arabia Consumers Choose Only Digital Money-Transfer Platforms, but Choice Still Matters.
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47% of consumers who send money transfers believe that digital is the future for cross-border money movement, but many still want choice between online and in-person experiences.
Consumers expect to send or receive more money in the next 12 months, as senders struggle with cost-of-living dichotomy.
Over the last 12 months, WU stock dropped by -24.51%. The one-year The Western Union Company stock forecast points to a potential downside of -1.24. The average equity rating for WU stock is currently 3.40, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $5.49 billion, with 386.50 million shares outstanding and 383.37 million shares in the current float. Compared to the average trading volume of 5.22M shares, WU stock reached a trading volume of 5543344 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on The Western Union Company [WU]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WU shares is $13.72 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WU stock is a recommendation set at 3.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for The Western Union Company shares, keeping their opinion on the stock as Sell, with their previous recommendation back on October 28, 2022. While these analysts kept the previous recommendation, Citigroup raised their target price to Neutral. The new note on the price target was released on October 17, 2022, representing the official price target for The Western Union Company stock. Previously, the target price had yet another drop from $20 to $17, while Wolfe Research kept a Underperform rating on WU stock.
The Average True Range (ATR) for The Western Union Company is set at 0.34, with the Price to Sales ratio for WU stock in the period of the last 12 months amounting to 1.18. The Price to Book ratio for the last quarter was 10.14, with the Price to Cash per share for the same quarter was set at 2.97. Price to Free Cash Flow for WU in the course of the last twelve months was 11.42.
WU Stock Performance Analysis:
The Western Union Company [WU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.88. With this latest performance, WU shares gained by 0.94% in over the last four-week period, additionally sinking by -17.81% over the last 6 months – not to mention a drop of -24.51% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WU stock in for the last two-week period is set at 46.56, with the RSI for the last a single of trading hit 42.54, and the three-weeks RSI is set at 48.07 for The Western Union Company [WU]. The present Moving Average for the last 50 days of trading for this stock 13.92, while it was recorded at 14.32 for the last single week of trading, and 15.61 for the last 200 days.
Insight into The Western Union Company Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and The Western Union Company [WU] shares currently have an operating margin of +23.63 and a Gross Margin at +39.36. The Western Union Company’s Net Margin is presently recorded at +15.76.
Return on Equity for this stock inclined to 297.23, with Return on Assets sitting at 8.80.
WU Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The Western Union Company go to -11.05%.
The Western Union Company [WU] Insider Position Details
There are presently around $5,290 million, in the hands of institutional investors. The top three institutional holders of WU stocks are: BLACKROCK INC. with ownership of 62,496,825, which is approximately -0.875% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 45,774,680 shares of the stock with an approximate value of $635.81 million in WU stocks shares; and CAPITAL RESEARCH GLOBAL INVESTORS, currently with $244.02 million in WU stock with ownership of nearly -20.912% of the company’s market capitalization.
Positions in The Western Union Company stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 255 institutional holders increased their position in The Western Union Company [NYSE:WU] by around 35,852,507 shares. Additionally, 215 investors decreased positions by around 31,624,794 shares, while 85 investors held positions by with 313,351,233 shares. The mentioned changes placed institutional holdings at 380,828,534 shares, according to the latest SEC report filing. WU stock had 56 new institutional investments in for a total of 3,436,930 shares, while 36 institutional investors sold positions of 1,284,756 shares during the same period.