TransUnion (TRU) to Release Earnings on Wednesday

TransUnion (NYSE:TRU) is scheduled to release its earnings data before the market opens on Wednesday, October 23rd. Analysts expect TransUnion to post earnings of $0.89 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

TransUnion (NYSE:TRU) last released its earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.13. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same quarter in the prior year, the firm posted $0.76 earnings per share. The company’s quarterly revenue was up 7.5% on a year-over-year basis. On average, analysts expect TransUnion to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

TransUnion Trading Down 0.4 %

NYSE:TRU opened at $107.48 on Tuesday. TransUnion has a 1-year low of $42.09 and a 1-year high of $108.56. The business’s 50-day moving average price is $100.41 and its two-hundred day moving average price is $85.01. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 1.22. The firm has a market capitalization of $20.88 billion, a price-to-earnings ratio of -84.63, a PEG ratio of 1.40 and a beta of 1.62.

TransUnion Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were paid a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.39%. The ex-dividend date of this dividend was Friday, August 23rd. TransUnion’s payout ratio is -33.07%.

Insider Buying and Selling

In related news, insider Todd C. Skinner sold 2,900 shares of the stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $85.58, for a total transaction of $248,182.00. Following the completion of the transaction, the insider now directly owns 27,729 shares in the company, valued at approximately $2,373,047.82. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other TransUnion news, insider Todd C. Skinner sold 2,900 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $85.58, for a total value of $248,182.00. Following the completion of the transaction, the insider now directly owns 27,729 shares in the company, valued at $2,373,047.82. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total value of $239,125.00. Following the completion of the transaction, the executive vice president now owns 49,239 shares of the company’s stock, valued at approximately $4,709,710.35. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 13,715 shares of company stock worth $1,299,729. 0.22% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have weighed in on TRU. Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price on the stock in a research note on Thursday, October 10th. The Goldman Sachs Group raised their price target on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Needham & Company LLC lowered TransUnion from a “buy” rating to a “hold” rating in a research report on Wednesday, August 28th. UBS Group assumed coverage on TransUnion in a research report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price target on the stock. Finally, Barclays raised their price target on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Friday, September 13th. Seven research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $98.71.

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.