Last Updated: 14 Sep 2024
Executive Summary
Western Union Co (WU) is a global financial services and communications company with a market capitalization of $40.06 billion. The company has a strong financial position with an EBITDA of $974.3 million and a profit margin of 13.6%. WU's stock price has been trending lower in recent months, but the company's fundamentals remain solid. Analysts are generally bullish on the stock, with a consensus price target of $12.96.
Company Overview
Western Union Co was founded in 1851 and is headquartered in Denver, Colorado. The company provides a variety of financial services, including money transfers, bill payments, and foreign exchange. WU has a global network of over 500,000 agent locations in over 200 countries and territories.
Fundamental Analysis
WU's financial performance has been mixed in recent years. The company's revenue has been declining, but its profitability has improved. In 2023, WU reported revenue of $4.27 billion and net income of $672 million. The company's diluted EPS was $1.64.
WU's balance sheet is strong. The company has $2.5 billion in cash and equivalents and no long-term debt. WU's current ratio is 1.25 and its debt-to-equity ratio is 0.25.
Technical Analysis
WU's stock price has been trending lower in recent months. The stock has broken below its 50-day and 200-day moving averages. The relative strength index (RSI) is below 50, which indicates that the stock is oversold.
Short Term Outlook
The short-term outlook for WU is mixed. The stock's technical indicators are bearish, but the company's fundamentals remain solid. Analysts are generally bullish on the stock, with a consensus price target of $12.96.
Long Term Outlook
The long-term outlook for WU is positive. The company is a leader in the global money transfer market and has a strong financial position. WU is well-positioned to benefit from the growing demand for cross-border payments.
Analyst Recommendations
Analysts are generally bullish on WU. Of the 20 analysts covering the stock, 12 have a buy rating, 5 have a hold rating, and 3 have a sell rating. The consensus price target is $12.96.
