TransUnion (TRU) to Release Earnings on Wednesday

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

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

TransUnion Stock Performance

NYSE:TRU opened at $107.48 on Tuesday. The stock has a market cap of $20.88 billion, a P/E ratio of -84.63, a PEG ratio of 1.40 and a beta of 1.62. The stock has a 50 day simple moving average of $100.41 and a 200 day simple moving average of $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. TransUnion has a 1-year low of $42.09 and a 1-year high of $108.56.

TransUnion Announces Dividend

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

Insider Buying and Selling

In related news, CAO Jennifer A. Williams sold 405 shares of the business’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total transaction of $38,709.90. Following the sale, the chief accounting officer now owns 7,186 shares in the company, valued at $686,837.88. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, insider Todd C. Skinner sold 2,900 shares of the business’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $85.58, for a total transaction of $248,182.00. Following the sale, the insider now owns 27,729 shares in the company, valued at $2,373,047.82. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Jennifer A. Williams sold 405 shares of the business’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $38,709.90. Following the sale, the chief accounting officer now owns 7,186 shares in the company, valued at $686,837.88. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,715 shares of company stock worth $1,299,729 in the last 90 days. Insiders own 0.22% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target for the company in a report on Thursday, October 10th. Needham & Company LLC cut TransUnion from a “buy” rating to a “hold” rating in a report on Wednesday, August 28th. The Goldman Sachs Group lifted their price objective on TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. Wells Fargo & Company lifted their price objective on TransUnion from $100.00 to $125.00 and gave the company an “overweight” rating in a report on Wednesday, October 2nd. Finally, Royal Bank of Canada lifted their price objective on TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a report on Friday, July 26th. Seven investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, TransUnion has an average rating of “Moderate Buy” and an average target price of $98.71.

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.