Let’s look at the key reasons that are pushing Western Union Company (WU) to new highs

On Monday, Western Union Company (NYSE: WU) was 1.27% up from the session before settling in for the closing price of $11.80. A 52-week range for WU has been $10.92 – $14.19.

Over the past five-year period, the drop rate of yearbook sales for the company of the Financial sector was -4.63%. When this article was written, the company’s average yearly earnings per share was at 1.20%. With a float of $336.34 million, this company’s outstanding shares have now reached $350.50 million.

Considering the fact that the conglomerate employs 9000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 34.63%, operating margin of 17.67%, and the pretax margin is 16.04%.

Western Union Company (WU) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Western Union Company stocks. The insider ownership of Western Union Company is 0.43%, while institutional ownership is 96.17%. The most recent insider transaction that took place on Feb 26 ’24, was worth 128,499. In this transaction Director of this company bought 10,000 shares at a rate of $12.85, taking the stock ownership to the 56,205 shares.

Western Union Company (WU) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.43 earnings per share (EPS) during the time that was better than consensus figure (set at 0.39) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 1.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.87% during the next five years compared to -2.13% drop over the previous five years of trading.

Western Union Company (NYSE: WU) Trading Performance Indicators

You can see what Western Union Company (WU) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.95. Likewise, its price to free cash flow for the trailing twelve months is 7.32.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.64, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 1.82 in one year’s time.

Technical Analysis of Western Union Company (WU)

Compared to the last year’s volume of 4.06 million, its volume of 2.91 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 70.20%. Additionally, its Average True Range was 0.23.

During the past 100 days, Western Union Company’s (WU) raw stochastic average was set at 28.26%, which indicates a significant decrease from 81.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.79% in the past 14 days, which was lower than the 23.32% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.13, while its 200-day Moving Average is $12.58. Nevertheless, the first resistance level for the watch stands at $12.06 in the near term. At $12.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.28. If the price goes on to break the first support level at $11.84, it is likely to go to the next support level at $11.73. Now, if the price goes above the second support level, the third support stands at $11.62.

Western Union Company (NYSE: WU) Key Stats

There are 338,335K outstanding shares of the company, which has a market capitalization of 4.04 billion. As of now, sales total 4,357 M while income totals 626,000 K. Its latest quarter income was 1,066 M while its last quarter net income were 141,000 K.