TransUnion (NYSE:TRU) Issues Q2 Earnings Guidance

TransUnion (NYSE:TRU) issued an update on its second quarter earnings guidance on Thursday morning. 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.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. StockNews.com upgraded shares of TransUnion from a sell rating to a hold rating in a research note on Tuesday, January 23rd. Needham & Company LLC lifted their target price on TransUnion from $87.00 to $89.00 and gave the stock a buy rating in a report on Thursday. JPMorgan Chase & Co. lifted their target price on TransUnion from $69.00 to $84.00 and gave the stock an overweight rating in a report on Wednesday, February 14th. The Goldman Sachs Group lifted their target price on TransUnion from $63.00 to $72.00 and gave the stock a neutral rating in a report on Friday, December 29th. Finally, Morgan Stanley lifted their target price on TransUnion from $87.00 to $90.00 and gave the stock an overweight rating in a report on Friday. Six investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of Moderate Buy and a consensus target price of $83.60.

TransUnion Stock Up 0.2 %

NYSE:TRU traded up $0.18 on Friday, hitting $74.47. 1,873,346 shares of the company’s stock traded hands, compared to its average volume of 1,713,301. 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 has a 1 year low of $42.09 and a 1 year high of $82.75. The firm has a 50-day moving average price of $76.33 and a 200-day moving average price of $67.88. The company has a market cap of $14.46 billion, a PE ratio of -50.40, a price-to-earnings-growth ratio of 1.06 and a beta of 1.61.

TransUnion (NYSE:TRU) last released its earnings results on Thursday, April 25th. The business services provider reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.12. TransUnion had a positive return on equity of 13.58% and a negative net margin of 7.50%. The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $977.62 million. Equities analysts anticipate that TransUnion will post 3.31 EPS for the current fiscal year.

TransUnion Dividend Announcement

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

Insider Activity

In other news, EVP Richard Dane Mauldin sold 1,500 shares of TransUnion stock in a transaction dated Thursday, March 14th. The stock was 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 directly owns 22,033 shares in the company, valued at approximately $1,720,777.30. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, EVP Richard Dane Mauldin sold 1,500 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The stock was 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 in the company, valued at approximately $1,720,777.30. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Steven M. Chaouki sold 1,775 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $81.30, for a total value of $144,307.50. Following the completion of the sale, the insider now owns 75,099 shares of the company’s stock, valued at $6,105,548.70. The disclosure for this sale can be found here. Insiders sold a total of 15,275 shares of company stock worth $1,204,538 in the last three months. 0.22% of the stock is owned by insiders.

About TransUnion

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.