Western Union Co (WU) Price

The P/E ratio of Western Union Co is 2.9974

Mr. Devin Mcgranahan is the President of Western Union Co, joining the firm since 2021.

The current price of WU is $8.23, it has increased 0.36% in the last trading day.

Western Union Co belongs to Financial Services industry and the sector is Financials

Western Union Co's current market cap is $2.6B

According to wall street analysts, 16 analysts have made analyst ratings for Western Union Co, including 0 strong buy, 1 buy, 13 hold, 6 sell, and 0 strong sell

Looks like Western Union ($WU) is doing its usual slow dance, anon, currently down about 1% today. There's no single bombshell causing the dip; it's more of a continuation of its long-term bearish trend, with the market shrugging off recent partnership news and focusing on weak fundamentals and overwhelmingly negative analyst sentiment.

The stock is basically a tug-of-war between some potentially good news and a mountain of bearish data. Here's the breakdown:

• Fundamental & News-Driven Sentiment:

  • The "Good" News That Wasn't: Around September 9th, WU announced a strategic alliance with dLocal to expand digital payments in Latin America. While this sounds positive for growth, the market's reaction was lukewarm at best. The stock saw a brief pop but couldn't sustain it, suggesting traders either don't believe it's a game-changer or it was a "sell the news" event.
  • Analyst Consensus is Grim: This is the biggest red flag. Analysts have a consensus "SELL" rating on the stock. Out of 16 analysts, 12 are in the "Sell" or "Strong Sell" camp, with only one lone "Buy" rating. The mean price target is around $9.99, which suggests some upside from the current $8.40, but the overwhelming negativity from analysts is hard to ignore.
  • Dividend Concerns: A recent SeekingAlpha article pointed out that the company's inorganic growth strategy could be putting its dividend yield at risk, adding another layer of fundamental concern for investors.

• The Technical Picture (What the Charts Say):

  • Long-Term Trend (Daily Chart): WU is in a clear, long-term downtrend. It's trading well below its 200-day moving average ($9.72), a classic bearish signal for institutions and long-term traders. The daily technical signal is "neutral," with an ADX of 17.47, indicating the market is consolidating and lacks a strong directional trend right now.
  • Short-Term Momentum (Hourly Chart): On the hourly chart, the price is hovering just below its 50-hour moving average (~$8.52). The MACD indicator is showing a slight bullish crossover, which might suggest the price is trying to stabilize or make a small bounce today, but this is happening within the context of the much larger, bearish daily trend.
  • Key Levels to Watch: The price is currently trapped between a support level at $7.89 and immediate resistance at $8.84. A break below support would be very bearish, while a push above resistance could signal a short-term reversal.

Honestly, with the heavy bearish analyst consensus and the weak long-term technicals, the recent partnership news feels like putting a band-aid on a broken leg. You're probably better off finding assets with actual momentum on the Edgen Radar instead of waiting for this one to make up its mind.