Western Union Company (WU): Today's Featured Diversified Services Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Western Union Company ( WU) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Western Union Company fell $0.20 (-1.2%) to $16.96 on average volume. Throughout the day, 7,378,066 shares of Western Union Company exchanged hands as compared to its average daily volume of 6,096,700 shares. The stock ranged in price between $16.85-$17.16 after having opened the day at $17.10 as compared to the previous trading day's close of $17.16. Other companies within the Diversified Services industry that declined today were: General Employment ( JOB), down 15.4%, Safeguard Scientifics ( SFE), down 5.7%, Global Payments ( GPN), down 5.2% and CRA International ( CRAI), down 4.8%.

The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers cash money transfer services involving walk-in agent locations. Western Union Company has a market cap of $9.7 billion and is part of the financial sector. Shares are up 26.1% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Western Union Company a buy, 3 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Western Union Company as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the positive front, SPS Commerce ( SPSC), up 16.0%, Compx International ( CIX), up 8.1%, YY ( YY), up 5.2% and HMS Holdings Corporation ( HMSY), up 5.2% , were all gainers within the diversified services industry with Fleetcor Technologies ( FLT) being today's featured diversified services industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers ( SCC).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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