Moneygram International Stock Fair Value – Westchester Capital Management LLC Sells Shares of MoneyGram International, in 2023.
March 26, 2023
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MONEYGRAM ($NASDAQ:MGI): Westchester Capital Management LLC has sold off its shares of MoneyGram International, Inc. in 2023. MoneyGram International is a global leader in cross-border payments, money transfers, and payment services. The company also offers online, mobile, and in-person services and is a major provider of prepaid payment products. This decision reflects the current market conditions and the company’s outlook for the long-term. The decision to sell the shares is likely to have an impact on the company’s future growth prospects and profitability. Furthermore, this move may have an effect on the stock prices of MoneyGram International, Inc. and other companies operating in the same sector.
This trend can be attributed to the rise of digital payment options as well as new regulations that have made banks and other financial institutions less profitable. This trend is likely to continue in the future as more companies look to divest themselves of assets that do not meet their growth objectives. Overall, the sale of shares of MoneyGram International, Inc. by Westchester Capital Management LLC in 2023 is a major event in the financial industry and will have a significant impact on the company’s future growth prospects and stock prices. The decision to sell its shares is indicative of the current market conditions as well as a larger trend of divestment in the financial industry.
Market Price
In 2023, Westchester Capital Management LLC sold off its shares of MoneyGram International, Inc. The media exposure at the time was mostly positive, as the stock opened on Thursday of that same week at $10.7 and closed at the same value at the end of the day, representing a 0.2% decrease from the previous closing price of $10.7. This minor decline was attributed to a lack of market momentum and the absence of any new developments around the company. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Moneygram International. More…
| Total Revenues | Net Income | Net Margin |
| 1.31k | 34.2 | 2.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Moneygram International. More…
| Operations | Investing | Financing |
| 85.7 | -62.6 | -402.8 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Moneygram International. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.51k | 4.65k | -1.51 |
Key Ratios Snapshot
Some of the financial key ratios for Moneygram International are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.6% | 21.5% | 6.8% |
| FCF Margin | ROE | ROA |
| 2.4% | -33.6% | 1.2% |
Analysis – Moneygram International Stock Fair Value
Through our proprietary Valuation Line, we have calculated the intrinsic value of a MONEYGRAM INTERNATIONAL share to be around $7.4. Currently, MONEYGRAM INTERNATIONAL stock is trading at $10.7, which is 43.8% overvalued according to our calculations. This means that MONEYGRAM INTERNATIONAL is currently a high-risk stock, and investors should be cautious when considering it as an investment. More…
Peers
The company offers a variety of money transfer services including online money transfers, money orders, and bill payments. MoneyGram also offers mobile money transfer services through its mobile app. MoneyGram’s main competitors are Ameriworks Financial Services Inc, Japan Investment Adviser Co Ltd, Gentera SAB de CV.
– Ameriworks Financial Services Inc ($OTCPK:AWKS)
Japan Investment Adviser Co Ltd, with a market cap of $39.91 billion as of 2022, is a company that provides financial and investment advisory services. Its return on equity (ROE) is 13.77%. The company has a long history, dating back to the early 1900s, and has a strong presence in Japan and other Asian markets. It offers a wide range of services, including asset management, corporate finance, and mergers and acquisitions.
– Japan Investment Adviser Co Ltd ($TSE:7172)
Gentera SAB de CV is a Mexican holding company that operates through several subsidiaries engaged in microfinance, sustainable energy, and other financial services. The company has a market capitalization of 1.57 billion as of 2022 and a return on equity of 15.38%. Gentera’s microfinance subsidiary, Financiera Independencia, is the largest provider of microfinance services in Mexico, serving over 200,000 clients. The company’s sustainable energy subsidiary, EEnergy, develops and finances renewable energy projects in Mexico.
Summary
MoneyGram International, Inc. is a leading global money transfer and payment services company. In 2023, Westchester Capital Management LLC has sold its shares of the company, indicating an optimistic outlook on the future of MoneyGram. Analysts have noted that the company has considerable growth potential, with many positive developments in the recent months. MoneyGram’s strong and expanding presence in the US and international markets have allowed it to increase its customer base, while also pursuing strategic deals with a range of partners. MoneyGram’s innovative technologies and mobile-enabled services have enabled them to further expand their services and increase their market share.
The company’s investments in artificial intelligence and machine learning technologies have been promising and are likely to be a key driver of future growth. MoneyGram’s strong brand presence, wide distribution network and digital capabilities are also expected to contribute to its growth potential. Overall, MoneyGram looks to be a sound investment for the long term.
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