In yesterday’s Wall Street session, Western Union Company (NYSE:WU) shares traded at $12.20, down -1.37% from the previous session.
WU stock price is now -6.36% away from the 50-day moving average and -4.11% away from the 200-day moving average. The market capitalization of the company currently stands at $4.13B.
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On December 05, 2023, BMO Capital Markets recently initiated its ‘Market Perform’ rating on the stock quoting a target price of $12, while ‘UBS’ rates the stock as ‘Neutral’
In other news, Murphy Timothy P., Director bought 10,000 shares of the company’s stock on Feb 26 ’24. The stock was bought for $128,499 at an average price of $12.85. Upon completion of the transaction, the Director now directly owns 56,205 shares in the company, valued at $0.69 million. A total of 0.39% of the company’s stock is owned by insiders.
During the past 12 months, Western Union Company has had a low of $10.92 and a high of $14.19. According to the stock market information, the enterprise value for the company is $5561488896, which is based on a 7.22 price-to-earnings ratio, a 1.92 price-to-earnings-growth ratio, and a beta of 0.87. The fifty day moving average price for WU is $13.0002 and a two-hundred day moving average price translates $12.72185 for the stock.
The latest earnings results from Western Union Company (NYSE: WU) was released for 2024-03-31. The net profit margin was 14.14% and return on equity was 129.78% for WU. The company reported revenue of $1.05 billion for the quarter, compared to $1.04 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.18 percent.
