Equities research analysts expect TransUnion (NYSE:TRU) to report earnings of $0.71 per share for the current quarter, Zacks reports. Seven analysts have made estimates for TransUnion’s earnings, with the lowest EPS estimate coming in at $0.69 and the highest estimate coming in at $0.72. TransUnion posted earnings per share of $0.65 during the same quarter last year, which suggests a positive year-over-year growth rate of 9.2%. The company is scheduled to announce its next earnings results on Tuesday, October 22nd.
On average, analysts expect that TransUnion will report full year earnings of $2.70 per share for the current year, with EPS estimates ranging from $2.64 to $2.75. For the next year, analysts forecast that the firm will post earnings of $3.08 per share, with EPS estimates ranging from $3.01 to $3.23. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side analysts that that provide coverage for TransUnion.
TransUnion (NYSE:TRU) last posted its quarterly earnings results on Tuesday, July 23rd. The business services provider reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.08. TransUnion had a return on equity of 22.94% and a net margin of 12.84%. The business had revenue of $661.90 million for the quarter, compared to analysts’ expectations of $644.73 million. During the same quarter in the prior year, the business earned $0.62 EPS. The firm’s revenue for the quarter was up 17.5% on a year-over-year basis.
A number of brokerages have commented on TRU. ValuEngine raised TransUnion from a “hold” rating to a “buy” rating in a report on Tuesday, June 11th. JPMorgan Chase & Co. upped their price objective on TransUnion from $78.00 to $92.00 and gave the company an “overweight” rating in a report on Wednesday, July 24th. Atlantic Securities lowered TransUnion from an “overweight” rating to a “neutral” rating in a report on Tuesday, July 30th. SunTrust Banks reaffirmed a “positive” rating and issued a $90.00 price objective on shares of TransUnion in a report on Wednesday, July 24th. They noted that the move was a valuation call. Finally, Zacks Investment Research raised TransUnion from a “hold” rating to a “buy” rating and set a $89.00 price objective on the stock in a report on Monday, July 29th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $79.42.
NYSE TRU traded up $0.64 on Friday, reaching $80.47. The stock had a trading volume of 726,231 shares, compared to its average volume of 1,302,933. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.51 and a quick ratio of 1.51. The firm has a fifty day moving average of $82.80 and a two-hundred day moving average of $72.20. TransUnion has a 1-year low of $52.15 and a 1-year high of $85.50. The company has a market cap of $14.99 billion, a P/E ratio of 34.84, a price-to-earnings-growth ratio of 3.38 and a beta of 1.00.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Thursday, August 22nd were issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date of this dividend was Wednesday, August 21st. TransUnion’s dividend payout ratio is 12.99%.
In other news, Director James M. Peck sold 103,331 shares of the stock in a transaction on Friday, July 26th. The stock was sold at an average price of $84.10, for a total transaction of $8,690,137.10. Following the sale, the director now directly owns 245,345 shares of the company’s stock, valued at approximately $20,633,514.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CAO Timothy Elberfeld sold 2,500 shares of the stock in a transaction on Thursday, July 11th. The stock was sold at an average price of $75.00, for a total value of $187,500.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 254,215 shares of company stock worth $20,967,347. Insiders own 0.92% of the company’s stock.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of TransUnion by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 16,402,625 shares of the business services provider’s stock worth $1,205,757,000 after purchasing an additional 286,889 shares in the last quarter. BlackRock Inc. grew its holdings in shares of TransUnion by 4.4% during the 2nd quarter. BlackRock Inc. now owns 13,913,336 shares of the business services provider’s stock worth $1,022,770,000 after purchasing an additional 590,167 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of TransUnion by 2.3% during the 1st quarter. Principal Financial Group Inc. now owns 5,656,847 shares of the business services provider’s stock worth $378,104,000 after purchasing an additional 125,231 shares in the last quarter. Independent Franchise Partners LLP grew its holdings in shares of TransUnion by 132.4% during the 2nd quarter. Independent Franchise Partners LLP now owns 3,390,983 shares of the business services provider’s stock worth $249,271,000 after purchasing an additional 1,931,767 shares in the last quarter. Finally, William Blair Investment Management LLC grew its holdings in shares of TransUnion by 12.6% during the 1st quarter. William Blair Investment Management LLC now owns 3,167,806 shares of the business services provider’s stock worth $211,736,000 after purchasing an additional 355,272 shares in the last quarter.
TransUnion Company Profile
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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