TransUnion (TRU) Given Average Recommendation of “Buy” by Analysts
Shares of TransUnion (NYSE:TRU) have earned a consensus rating of “Buy” from the fifteen research firms that are covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $74.77.
TRU has been the topic of a number of recent research reports. Morgan Stanley raised their price objective on TransUnion from $62.00 to $66.00 and gave the stock a “$75.07” rating in a research note on Wednesday, July 18th. Stifel Nicolaus raised their price objective on TransUnion from $74.00 to $81.00 and gave the stock a “buy” rating in a research note on Wednesday, July 25th. Cowen restated a “buy” rating and set a $77.00 price objective on shares of TransUnion in a research note on Friday, July 20th. Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $75.00 price objective on the stock in a research note on Tuesday, April 24th. Finally, Evercore ISI initiated coverage on TransUnion in a research note on Tuesday, June 26th. They set a “buy” rating and a $80.00 price objective on the stock.
In other news, EVP David M. Neenan sold 30,000 shares of TransUnion stock in a transaction on Tuesday, June 5th. The stock was sold at an average price of $70.42, for a total value of $2,112,600.00. Following the transaction, the executive vice president now owns 123,029 shares in the company, valued at approximately $8,663,702.18. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP David M. Neenan sold 20,000 shares of TransUnion stock in a transaction on Wednesday, May 30th. The shares were sold at an average price of $68.76, for a total value of $1,375,200.00. Following the completion of the transaction, the executive vice president now owns 69,583 shares in the company, valued at approximately $4,784,527.08. The disclosure for this sale can be found here. In the last quarter, insiders sold 301,029 shares of company stock worth $21,391,328. Corporate insiders own 1.18% of the company’s stock.
TransUnion stock traded up $0.29 during mid-day trading on Tuesday, reaching $75.05. 602,612 shares of the company were exchanged, compared to its average volume of 1,178,443. TransUnion has a 12 month low of $41.07 and a 12 month high of $75.99. The company has a debt-to-equity ratio of 2.13, a current ratio of 1.59 and a quick ratio of 1.59. The firm has a market cap of $13.71 billion, a PE ratio of 43.89, a price-to-earnings-growth ratio of 3.34 and a beta of 0.69.
TransUnion (NYSE:TRU) last posted its quarterly earnings data on Tuesday, July 24th. The business services provider reported $0.62 EPS for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.07. TransUnion had a return on equity of 21.06% and a net margin of 21.00%. The firm had revenue of $563.10 million for the quarter, compared to analyst estimates of $540.86 million. During the same quarter last year, the company earned $0.47 EPS. The company’s revenue was up 18.6% on a year-over-year basis. sell-side analysts expect that TransUnion will post 2.23 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 6th. Stockholders of record on Wednesday, August 22nd will be paid a $0.075 dividend. The ex-dividend date of this dividend is Tuesday, August 21st. This represents a $0.30 annualized dividend and a dividend yield of 0.40%. TransUnion’s payout ratio is 17.54%.
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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