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Western Union (WU) Trades Flat On The Day: What You Should Know
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The latest trading session saw Western Union (WU - Free Report) ending at $12.11, denoting no adjustment from its last day's close. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, lost 0.23%.
The the stock of money transfer company has risen by 1.85% in the past month, lagging the Business Services sector's gain of 2.21% and the S&P 500's gain of 2.55%.
The upcoming earnings release of Western Union will be of great interest to investors. The company is expected to report EPS of $0.44, up 2.33% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1.03 billion, down 5.91% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $1.77 per share and a revenue of $4.18 billion, demonstrating changes of +1.72% and -4.08%, respectively, from the preceding year.
Investors should also take note of any recent adjustments to analyst estimates for Western Union. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.36% higher. Western Union is holding a Zacks Rank of #3 (Hold) right now.
With respect to valuation, Western Union is currently being traded at a Forward P/E ratio of 6.86. This expresses a discount compared to the average Forward P/E of 16.47 of its industry.
It's also important to note that WU currently trades at a PEG ratio of 1.81. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Financial Transaction Services industry was having an average PEG ratio of 1.26.
The Financial Transaction Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 72, putting it in the top 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within 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) Trades Flat On The Day: What You Should Know
The latest trading session saw Western Union (WU - Free Report) ending at $12.11, denoting no adjustment from its last day's close. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, lost 0.23%.
The the stock of money transfer company has risen by 1.85% in the past month, lagging the Business Services sector's gain of 2.21% and the S&P 500's gain of 2.55%.
The upcoming earnings release of Western Union will be of great interest to investors. The company is expected to report EPS of $0.44, up 2.33% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1.03 billion, down 5.91% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $1.77 per share and a revenue of $4.18 billion, demonstrating changes of +1.72% and -4.08%, respectively, from the preceding year.
Investors should also take note of any recent adjustments to analyst estimates for Western Union. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.36% higher. Western Union is holding a Zacks Rank of #3 (Hold) right now.
With respect to valuation, Western Union is currently being traded at a Forward P/E ratio of 6.86. This expresses a discount compared to the average Forward P/E of 16.47 of its industry.
It's also important to note that WU currently trades at a PEG ratio of 1.81. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Financial Transaction Services industry was having an average PEG ratio of 1.26.
The Financial Transaction Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 72, putting it in the top 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within 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.