Wall Street analysts expect TransUnion (NYSE:TRU) to announce $618.80 million in sales for the current fiscal quarter, Zacks Investment Research reports. Six analysts have issued estimates for TransUnion’s earnings, with the highest sales estimate coming in at $622.50 million and the lowest estimate coming in at $615.03 million. TransUnion reported sales of $537.40 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 15.1%. The company is scheduled to issue its next earnings results before the market opens on Tuesday, April 23rd.
On average, analysts expect that TransUnion will report full-year sales of $2.61 billion for the current financial year, with estimates ranging from $2.59 billion to $2.62 billion. For the next fiscal year, analysts anticipate that the company will post sales of $2.82 billion, with estimates ranging from $2.79 billion to $2.86 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow TransUnion.
TransUnion (NYSE:TRU) last released its quarterly earnings data on Thursday, February 14th. The business services provider reported $0.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.09. TransUnion had a net margin of 11.93% and a return on equity of 22.59%. The firm had revenue of $624.00 million during the quarter, compared to analysts’ expectations of $622.98 million. During the same period last year, the business earned $0.50 earnings per share. TransUnion’s revenue was up 23.3% compared to the same quarter last year.
Several analysts have recently commented on TRU shares. Robert W. Baird reaffirmed a “buy” rating and set a $73.00 price target on shares of TransUnion in a research report on Friday, December 21st. Deutsche Bank lowered their target price on shares of TransUnion from $87.00 to $55.00 and set a “buy” rating for the company in a research note on Monday, January 14th. Barclays reaffirmed a “buy” rating and set a $72.00 price target on shares of TransUnion in a research report on Thursday, January 10th. ValuEngine upgraded TransUnion from a “hold” rating to a “buy” rating in a report on Friday, February 22nd. Finally, Zacks Investment Research raised TransUnion from a “sell” rating to a “hold” rating in a research report on Tuesday, February 12th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the company. TransUnion has a consensus rating of “Buy” and an average price target of $74.00.
In other news, CEO James M. Peck sold 131,661 shares of the stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $64.65, for a total transaction of $8,511,883.65. Following the transaction, the chief executive officer now directly owns 203,582 shares in the company, valued at approximately $13,161,576.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP David E. Wojczynski sold 9,000 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $65.94, for a total value of $593,460.00. Following the transaction, the executive vice president now directly owns 43,384 shares in the company, valued at $2,860,740.96. The disclosure for this sale can be found here. Insiders have sold 213,041 shares of company stock valued at $13,777,553 in the last 90 days. 1.18% of the stock is currently owned by corporate insiders.
A number of institutional investors and hedge funds have recently modified their holdings of the business. Lunia Capital LP lifted its holdings in shares of TransUnion by 7,134.4% in the fourth quarter. Lunia Capital LP now owns 16,708,913 shares of the business services provider’s stock worth $16,709,000 after buying an additional 16,477,948 shares in the last quarter. Norges Bank acquired a new stake in shares of TransUnion during the fourth quarter worth about $132,399,000. Investec Asset Management LTD increased its position in TransUnion by 51.5% in the 4th quarter. Investec Asset Management LTD now owns 3,418,486 shares of the business services provider’s stock valued at $194,170,000 after acquiring an additional 1,161,718 shares during the period. Atlanta Capital Management Co. L L C lifted its position in TransUnion by 7.4% during the 4th quarter. Atlanta Capital Management Co. L L C now owns 8,796,609 shares of the business services provider’s stock worth $499,647,000 after acquiring an additional 606,359 shares during the period. Finally, Legal & General Group Plc lifted its position in TransUnion by 195.2% during the 3rd quarter. Legal & General Group Plc now owns 722,932 shares of the business services provider’s stock worth $53,193,000 after acquiring an additional 478,001 shares during the period.
Shares of TransUnion stock traded down $0.02 during mid-day trading on Wednesday, hitting $68.12. The stock had a trading volume of 2,393,385 shares, compared to its average volume of 1,292,241. TransUnion has a 12-month low of $52.15 and a 12-month high of $79.48. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.53 and a quick ratio of 1.53. The stock has a market cap of $12.76 billion, a price-to-earnings ratio of 29.49, a price-to-earnings-growth ratio of 4.18 and a beta of 0.95.
The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Thursday, March 7th were given a dividend of $0.075 per share. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.30 annualized dividend and a yield of 0.44%. TransUnion’s payout ratio is currently 12.99%.
TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and investigate potential fraud.
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