TransUnion (NYSE:TRU) Issues Q2 Earnings Guidance

TransUnion (NYSE:TRU) updated its second quarter earnings guidance on Thursday. The company provided EPS guidance of $0.95 to $0.98 for the period, compared to the consensus EPS estimate of $0.91. The company issued revenue guidance of $1.017 billion to $1.026 billion, compared to the consensus revenue estimate of $1.01 billion. TransUnion also updated its FY 2024 guidance to 3.690-3.860 EPS.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Royal Bank of Canada reiterated an outperform rating and issued a $85.00 price objective on shares of TransUnion in a research note on Wednesday, February 14th. Morgan Stanley boosted their price objective on shares of TransUnion from $87.00 to $90.00 and gave the company an overweight rating in a research report on Friday. Needham & Company LLC lifted their target price on TransUnion from $87.00 to $89.00 and gave the company a buy rating in a research report on Thursday. Bank of America raised TransUnion from an underperform rating to a neutral rating and boosted their price target for the company from $65.00 to $90.00 in a report on Monday, April 1st. Finally, StockNews.com raised TransUnion from a sell rating to a hold rating in a research note on Tuesday, January 23rd. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, TransUnion has a consensus rating of Moderate Buy and an average price target of $83.60.

TransUnion Price Performance

Shares of NYSE:TRU traded up $0.20 during midday trading on Friday, reaching $74.49. 1,873,347 shares of the company were exchanged, compared to its average volume of 1,905,408. The stock has a market cap of $14.47 billion, a PE ratio of -52.09, a price-to-earnings-growth ratio of 1.15 and a beta of 1.61. The business’s fifty day moving average is $76.32 and its two-hundred day moving average is $67.88. TransUnion has a one year low of $42.09 and a one year high of $82.75. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 1.28.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.71 by $0.12. The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $977.62 million. TransUnion had a negative net margin of 7.02% and a positive return on equity of 14.22%. As a group, analysts predict that TransUnion will post 3.31 earnings per share for the current year.

TransUnion Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Thursday, March 7th were paid a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date of this dividend was Wednesday, March 6th. TransUnion’s dividend payout ratio is currently -29.37%.

Insider Buying and Selling at TransUnion

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