The Western Union (WU) Receives News Impact Score of 0.05
Media coverage about The Western Union (NYSE:WU) has trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. The Western Union earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned media headlines about the credit services provider an impact score of 44.3448137117521 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media headlines that may have impacted Accern’s scoring:
- Western Union keeps climbing after unconfirmed report it wants to use Ripple’s XRP cryptocurrency for money transfers (businessinsider.com)
- Industry Group Rank Keep Western Union (WU) a Sell (feedproxy.google.com)
- Western Union (WU) Gains as Analyst Reviews Potential Ripple Collaboration in Upgrade (streetinsider.com)
- Western Union (WU) Faces $60M Fine for Lapses in Compliance (zacks.com)
- Micro Focus Sales Drop Most in Almost Seven Years (finance.yahoo.com)
A number of equities research analysts recently weighed in on WU shares. ValuEngine upgraded shares of The Western Union from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Zacks Investment Research upgraded shares of The Western Union from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a report on Monday, November 6th. Jefferies Group reiterated a “hold” rating and set a $19.00 price objective on shares of The Western Union in a report on Thursday, October 12th. Susquehanna Bancshares upgraded shares of The Western Union from a “negative” rating to a “neutral” rating in a report on Monday. Finally, UBS Group upgraded shares of The Western Union to a “neutral” rating in a report on Monday. Seven research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $19.59.
The Western Union (NYSE:WU) last posted its quarterly earnings results on Thursday, November 2nd. The credit services provider reported $0.53 EPS for the quarter, beating the consensus estimate of $0.44 by $0.09. The Western Union had a net margin of 3.83% and a return on equity of 116.85%. The business had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the previous year, the business posted $0.46 EPS. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. sell-side analysts expect that The Western Union will post 1.83 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Monday, December 18th were issued a $0.175 dividend. The ex-dividend date of this dividend was Friday, December 15th. This represents a $0.70 annualized dividend and a dividend yield of 3.33%. The Western Union’s dividend payout ratio is currently 152.17%.
In other news, EVP Jean Claude Farah sold 17,518 shares of the business’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $20.50, for a total value of $359,119.00. Following the completion of the sale, the executive vice president now owns 139,500 shares in the company, valued at approximately $2,859,750. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 1.10% of the company’s stock.
The Western Union Company Profile
The Western Union Company (Western Union) is a provider of money movement and payment services. The Company operates through three segments: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. The Company’s Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents.
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