The Western Union Company (NYSE:WU) is trading up 43.29% versus 12-month low of 15.51 and stands -2.07% lower from its 1-year peak of $22.70. The consensus price target (PT) of $19.60 means that the market expects Company shares to increase by -13.1% in the short run. The sell-side target prices range from $15 to $24. In the last month the stock has moved in price 1.16%, with a one year change of 36.07%. The last trading session volume compares with the 3.87M average and market worth floats around 10.83B.
The Western Union Company (NYSE:WU) fell -1.42% to reach at the trading price of $22.23 as it is set to release its next quarterly earnings report on February 14, 2017. The Western Union Company stock trades in the range of $22.20 to $22.53 before the earnings release. Let’s take a closer look at the current earnings forecast, particularly the things traders should pay close attention to. Earnings per share for the recently concluded quarter is expected to come in at $0.43 a share with $1.37B in revenue.
The Western Union Company (WU) Future Earnings & History
After upcoming fiscal quarter results, all eyes will be on the prospects for the next reporting quarter. Analysts, on average, forecast The Western Union Company to earn $0.4 per share (EPS) on revenue of $1.32B. The EPS consensus range is $0.37-$0.43 on revenue between $1.38B and $1.29B.
While if we look at the Earnings Track Record, The Western Union Company (WU) managed to surpass quarterly earnings per share estimates in 8 of the trailing twelve fiscal quarters, and has a positive trend with an average surprise of 66%. Last time the company reported, The Western Union Company (WU) generated $0.44 in earnings per share, beating the consensus estimate of $0.44. Revenues hit $1.38B in the September 2017 quarter, which was below the consensus $1.39B projection. On the other hand, in the June 2017 quarter the company recorded a net $1.38B revenue with earnings per share of $0.44. Wall Street had anticipated $1.38B and $0.40, respectively. For comparison, there was a revenue of $1.3B and EPS of $0.37 in the March 2016 period.
The Western Union Company (NYSE:WU) Analyst Insights
The buoyancy in the outlook of The Western Union Company (WU) is getting weaker by the somewhat negative sentiment (3.10 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as Equal Weight. Susquehanna has been covering shares of WU, so it is most recent view is worth a look. In a research note issued on Sep 19, 2016, analysts at downgraded the stock to Negative from Neutral. Another noteworthy analyst activity was recorded on Sep 08, 2016. Downgraded the stock to Neutral from Buy.