The Western Union Company (NYSE:WU) registered a 0.97% increase, still its new closing price is 25.53% up from the company’s 1 year high of 22.70.It posted 0.71% gains in previous 5 sessions and is now the subject of 13 analysts who together assign a hold rating on stock. 6 of Wall Street analysts have an underperform rating; the 3 sells versus 3 buy or better ratings. The 26 stock analysts following this company have an average price target at $19.52, with individual PT in the $15.00-$24.00 range. The shares moved at $19.73, implying that brokerage firms see shares gaining about 17.90% in twelve months time.
The Western Union Company (WU) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -9.16% fall year to date. A Director at The Western Union Company (WU) offloaded shares in a transaction closed on Wednesday September 28, 2016. MILES MICHAEL sold 21,281 shares in the company at $20.37 each and collected $433,000 in proceeds. MILES MICHAEL now owns 105,538 shares in the company after this transaction. A EVP & CFO in the company, Agrawal Rajesh K., disclosed a transaction on Tuesday August 30, 2016 that ended up generating $199,000 from the sale of 9,263 shares at $21.5 per share.
The Western Union Company (NYSE:WU) Upcoming Results on Tap
The Western Union Company will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.43 in that period. Sales during the quarter are predicted to arrive at $1.32 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.38 billion in revenue and EPS of $0.44. The mean forecast was for $1.39 billion and $0.44 a share, respectively. One quarter earlier, revenue for the stock was at $1.38 billion, with earnings at $0.44/share.
The Western Union Company (WU) Brokerage Update
The Western Union Company (WU) is in Compass Point’s research list so their analyst rating change is noteworthy. These shares were downgraded to Sell from Neutral by Compass Point, according to news reported on Friday January 20, 2017.Another important research note was issued by Susquehanna on Monday September 19, 2016.The firm downgraded WU to Negative from Neutral. Over the last six months and over the last three months, the shares of The Western Union Company (WU), have changed 0.57% and 0.70%, respectively.