TransUnion (NYSE:TRU) Releases FY 2024 Earnings Guidance

TransUnion (NYSE:TRU) updated its FY 2024 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.690-3.860 for the period, compared to the consensus estimate of 3.700. The company issued revenue guidance of $4.0 billion-$4.1 billion, compared to the consensus revenue estimate of $4.0 billion. TransUnion also updated its FY24 guidance to $3.69 to $3.86 EPS.

Wall Street Analyst Weigh In

TRU has been the subject of several research analyst reports. Jefferies Financial Group upped their price target on shares of TransUnion from $75.00 to $85.00 and gave the stock a buy rating in a report on Wednesday, January 17th. Stifel Nicolaus increased their target price on TransUnion from $83.00 to $92.00 and gave the company a buy rating in a research report on Friday. Evercore ISI boosted their price target on TransUnion from $70.00 to $80.00 and gave the stock an in-line rating in a report on Tuesday, March 26th. Morgan Stanley raised their price objective on shares of TransUnion from $87.00 to $90.00 and gave the company an overweight rating in a report on Friday. Finally, Barclays boosted their target price on shares of TransUnion from $55.00 to $75.00 and gave the stock an equal weight rating in a report on Wednesday, February 14th. Six investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of Moderate Buy and a consensus target price of $83.60.

TransUnion Trading Up 0.2 %

NYSE TRU traded up $0.18 during mid-day trading on Friday, reaching $74.47. 1,873,346 shares of the stock were exchanged, compared to its average volume of 1,713,301. The stock has a market cap of $14.46 billion, a P/E ratio of -49.98, a P/E/G ratio of 1.06 and a beta of 1.61. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.47 and a quick ratio of 1.47. TransUnion has a one year low of $42.09 and a one year high of $82.75. The stock has a 50 day simple moving average of $76.33 and a 200-day simple moving average of $67.88.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.12. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $977.62 million. TransUnion had a positive return on equity of 13.58% and a negative net margin of 7.50%. On average, analysts anticipate that TransUnion will post 3.31 EPS for the current year.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Thursday, March 7th were paid a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.56%. The ex-dividend date was Wednesday, March 6th. TransUnion’s dividend payout ratio (DPR) is presently -28.19%.

Insider Transactions at TransUnion

In related news, EVP Richard Dane Mauldin sold 1,500 shares of the business’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $78.10, for a total transaction of $117,150.00. Following the transaction, the executive vice president now owns 22,033 shares in the company, valued at approximately $1,720,777.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other TransUnion news, EVP Richard Dane Mauldin sold 1,500 shares of the business’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $78.10, for a total transaction of $117,150.00. Following the completion of the sale, the executive vice president now owns 22,033 shares in the company, valued at approximately $1,720,777.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Timothy J. Martin sold 12,000 shares of TransUnion stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total value of $943,080.00. Following the transaction, the executive vice president now directly owns 54,522 shares in the company, valued at approximately $4,284,883.98. The disclosure for this sale can be found here. Insiders sold a total of 15,275 shares of company stock valued at $1,204,538 in the last quarter. 0.22% of the stock is currently owned by company insiders.

TransUnion Company Profile

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses 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 mitigate fraud risk.