TransUnion (TRU) Issues Q2 Earnings Guidance

TransUnion (NYSE:TRU) issued an update on its second quarter earnings guidance on Friday morning. The company provided EPS guidance of $0.59-0.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.57. The company issued revenue guidance of $534-539 million, compared to the consensus revenue estimate of $525.98 million.TransUnion also updated its FY18 guidance to $2.37-2.41 EPS.

Shares of TRU opened at $60.55 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.29. TransUnion has a 1 year low of $38.62 and a 1 year high of $61.42. The company has a market cap of $11,107.80, a price-to-earnings ratio of 35.17, a P/E/G ratio of 2.88 and a beta of 0.74.

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TransUnion (NYSE:TRU) last announced its quarterly earnings data on Tuesday, February 13th. The business services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. TransUnion had a net margin of 22.81% and a return on equity of 20.73%. The business had revenue of $506.10 million during the quarter, compared to analyst estimates of $487.83 million. During the same period last year, the firm posted $0.44 EPS. The company’s revenue was up 16.1% on a year-over-year basis. analysts forecast that TransUnion will post 2.1 earnings per share for the current fiscal year.

TRU has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of TransUnion from a buy rating to a hold rating in a report on Tuesday, January 2nd. Robert W. Baird reaffirmed a buy rating and set a $62.00 price objective on shares of TransUnion in a report on Tuesday, January 9th. Bank of America raised shares of TransUnion from a neutral rating to a buy rating in a report on Thursday, January 18th. Royal Bank of Canada increased their price objective on shares of TransUnion to $67.00 and gave the company an outperform rating in a report on Friday, January 19th. Finally, Morgan Stanley increased their price objective on shares of TransUnion from $54.00 to $58.00 and gave the company an equal weight rating in a report on Wednesday, January 31st. Two analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. TransUnion has an average rating of Buy and a consensus price target of $60.30.

In related news, EVP John T. Danaher sold 85,630 shares of the firm’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $58.34, for a total value of $4,995,654.20. Following the completion of the transaction, the executive vice president now directly owns 61,794 shares of the company’s stock, valued at $3,605,061.96. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP David M. Neenan sold 50,000 shares of the firm’s stock in a transaction on Wednesday, March 14th. The shares were sold at an average price of $58.42, for a total transaction of $2,921,000.00. Following the completion of the transaction, the executive vice president now directly owns 99,583 shares of the company’s stock, valued at $5,817,638.86. The disclosure for this sale can be found here. Over the last three months, insiders sold 174,345 shares of company stock valued at $10,156,056. 2.10% of the stock is currently owned by insiders.

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TransUnion Company Profile

TransUnion is a risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decision capabilities to businesses. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive.

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