Positive - Western Union (WU) stock rose slightly, with positive estimate revisions and a low P/E ratio.
From Nasdaq: 2024-12-24 18:00:18
In the latest trading session, Western Union (WU) closed at $10.58, a +0.57% move from the previous day. With shares down 5.65% in the past month, investors await the company’s earnings report projecting $0.42 per share and $1.03 billion in revenue, representing 13.51% and 2.48% changes, respectively, from last year.
Analysts have noted positive estimate revisions for Western Union, reflecting optimism about the company’s business outlook. The Zacks Rank system rates WU at #3 (Hold), with a Forward P/E ratio of 5.95, a discount compared to the industry average. The Financial Transaction Services industry has a Zacks Industry Rank of 75, in the top 30% of all industries.
Investors can monitor stock-influencing metrics, such as the PEG ratio of 1.48 for WU compared to the industry average of 1.26, on Zacks.com. The Financial Transaction Services industry is part of the Business Services sector, and top-ranked industries outperform the bottom half by a factor of 2 to 1. Stay informed on these factors for future trading sessions.
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Read more at Nasdaq: Western Union (WU) Rises But Trails Market: What Investors Should Know
