In the latest trading session, Western Union (WU) closed at $11.84, down -0.08% from the previous day. The stock’s performance lagged behind the S&P 500, which gained 0.77%, while the Dow and Nasdaq rose 0.47% and 0.87%, respectively. Over the past month, WU shares declined by 0.08%, underperforming the sector and S&P 500 gains.

Investors are eagerly awaiting Western Union’s upcoming earnings release on October 23, 2024. Analysts predict an EPS of $0.44, a 2.33% increase from the prior year. Revenue is expected to be $1.03 billion, a 5.91% decrease year-over-year. The Zacks Consensus Estimates project full-year earnings of $1.77 per share and revenue of $4.18 billion.

Recent analyst estimate revisions for Western Union reflect short-term business trends and profitability. Positive revisions indicate optimism about the company’s performance. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), shows Western Union currently holds a #2 (Buy) rank. Zacks’ proprietary model, considering estimate changes, has a strong track record of performance.

Western Union’s current Forward P/E ratio stands at 6.71, a discount compared to the industry average of 17.41. The company also has a PEG ratio of 1.78, indicating expected earnings growth. The Financial Transaction Services industry, where WU operates, has an average PEG ratio of 1.32 and a Zacks Industry Rank of 86, in the top 35% of over 250 industries. The top-rated industries outperform the lower-rated ones by 2 to 1.

Experts have identified 7 top stocks, including Western Union, as potential early price gainers. These elite stocks, selected from Zacks Rank #1 Strong Buys, have historically outperformed the market with an average annual gain of +23.7% since 1988. Investors are encouraged to track these stocks closely for potential opportunities.

Read more at Nasdaq: Western Union (WU) Stock Sinks As Market Gains: What You Should Know