TransUnion (NYSE:TRU) Issues Earnings Results

TransUnion (NYSE:TRU) posted its earnings results on Wednesday. The business services provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03, Briefing.com reports. The business 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 firm’s revenue was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.80 EPS.

TransUnion Stock Down 2.8 %

Shares of NYSE TRU opened at $103.63 on Friday. TransUnion has a 1 year low of $42.09 and a 1 year high of $113.17. The firm has a 50-day simple moving average of $101.57 and a two-hundred day simple moving average of $85.69. The company has a market cap of $20.12 billion, a P/E ratio of -72.47, a PEG ratio of 1.38 and a beta of 1.62. 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Investors of record on Friday, August 23rd were given a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date was Friday, August 23rd. TransUnion’s dividend payout ratio (DPR) is currently -29.37%.

Insider Activity

In related news, EVP Timothy J. Martin sold 2,500 shares of the business’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total transaction of $261,475.00. Following the completion of the transaction, the executive vice president now owns 46,739 shares in the company, valued at $4,888,432.01. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the business’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 completion of the sale, the executive vice president now directly owns 46,739 shares of the company’s stock, valued at $4,888,432.01. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total transaction of $95,650.00. Following the sale, the insider now directly owns 64,488 shares of the company’s stock, valued at $6,168,277.20. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 13,715 shares of company stock valued at $1,299,729. 0.22% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Oppenheimer upped their price target on shares of TransUnion from $118.00 to $122.00 and gave the stock an “outperform” rating in a research report on Thursday. Wolfe Research upgraded TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target for the company in a research note on Thursday, October 10th. UBS Group initiated coverage on TransUnion in a report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price target on the stock. The Goldman Sachs Group upped their price objective on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. Finally, Robert W. Baird boosted their price target on TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday. Seven investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $104.53.

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.