TransUnion (NYSE:TRU) Releases Earnings Results, Beats Expectations By $0.03 EPS

TransUnion (NYSE:TRU) posted its earnings results on Wednesday. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03, Briefing.com reports. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The company’s revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.80 EPS.

TransUnion Stock Performance

TRU traded down $2.03 during trading hours on Thursday, hitting $106.64. 2,081,071 shares of the stock were exchanged, compared to its average volume of 1,588,623. The stock has a market cap of $20.71 billion, a price-to-earnings ratio of -74.57, a price-to-earnings-growth ratio of 1.38 and a beta of 1.62. The stock has a 50-day simple moving average of $101.36 and a 200-day simple moving average of $85.52. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66. TransUnion has a 12 month low of $42.09 and a 12 month high of $113.17.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 9th. Investors of record on Friday, August 23rd were given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.39%. The ex-dividend date was Friday, August 23rd. TransUnion’s dividend payout ratio is currently -29.37%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on TRU. Stifel Nicolaus raised their target price on shares of TransUnion from $103.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research report on Thursday. Wells Fargo & Company boosted their price objective on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday. UBS Group began coverage on TransUnion in a research note on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 target price for the company. Finally, The Goldman Sachs Group boosted 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. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $104.53.

Insider Buying and Selling at TransUnion

In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total value of $261,475.00. Following the transaction, the executive vice president now owns 46,739 shares of the company’s stock, valued at $4,888,432.01. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the sale, the executive vice president now directly owns 46,739 shares in the company, valued at approximately $4,888,432.01. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Jennifer A. Williams sold 405 shares of the company’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total transaction of $38,709.90. Following the transaction, the chief accounting officer now owns 7,186 shares of the company’s stock, valued at $686,837.88. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,715 shares of company stock worth $1,299,729 over the last 90 days. Insiders own 0.22% of the company’s stock.

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.