Equities research analysts forecast that TransUnion (NYSE:TRU) will report earnings per share of $0.60 for the current fiscal quarter, Zacks reports. Six analysts have provided estimates for TransUnion’s earnings, with the highest EPS estimate coming in at $0.62 and the lowest estimate coming in at $0.59. TransUnion reported earnings per share of $0.47 during the same quarter last year, which suggests a positive year-over-year growth rate of 27.7%. The company is expected to announce its next quarterly earnings report on Tuesday, July 24th.
On average, analysts expect that TransUnion will report full-year earnings of $2.42 per share for the current financial year, with EPS estimates ranging from $2.39 to $2.47. For the next year, analysts anticipate that the company will post earnings of $2.72 per share, with EPS estimates ranging from $2.65 to $2.92. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that cover TransUnion.
TransUnion (NYSE:TRU) last issued its quarterly earnings results on Friday, April 20th. The business services provider reported $0.53 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.07. The company had revenue of $537.40 million for the quarter, compared to the consensus estimate of $507.68 million. TransUnion had a return on equity of 20.95% and a net margin of 22.41%. The company’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.42 EPS.
Several research analysts have commented on TRU shares. Stifel Nicolaus lifted their price target on TransUnion from $62.00 to $74.00 and gave the stock a “buy” rating in a research report on Monday, April 23rd. Bank of America raised TransUnion from a “neutral” rating to a “buy” rating in a research report on Thursday, January 18th. Royal Bank of Canada lifted their price target on TransUnion to $67.00 and gave the stock an “outperform” rating in a research report on Friday, January 19th. Morgan Stanley lifted their price target on TransUnion from $54.00 to $58.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 31st. Finally, Robert W. Baird lifted their price target on TransUnion from $65.00 to $74.00 and gave the stock an “outperform” rating in a research report on Monday, April 23rd. Two research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $66.64.
In other news, CAO Timothy Elberfeld sold 1,450 shares of the business’s stock in a transaction that occurred on Thursday, March 1st. The stock was sold at an average price of $56.92, for a total transaction of $82,534.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider James M. Peck sold 209,500 shares of the business’s stock in a transaction that occurred on Friday, April 27th. The shares were sold at an average price of $64.64, for a total value of $13,542,080.00. Following the sale, the insider now owns 467,127 shares in the company, valued at $30,195,089.28. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 283,904 shares of company stock worth $17,900,021. 2.10% of the stock is currently owned by company insiders.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Strs Ohio bought a new stake in TransUnion in the fourth quarter valued at $107,000. Valeo Financial Advisors LLC bought a new stake in TransUnion in the fourth quarter valued at $113,000. LS Investment Advisors LLC bought a new stake in TransUnion in the fourth quarter valued at $131,000. Robeco Institutional Asset Management B.V. bought a new stake in TransUnion in the fourth quarter valued at $136,000. Finally, Livforsakringsbolaget Skandia Omsesidigt bought a new stake in TransUnion in the fourth quarter valued at $137,000.
Shares of NYSE TRU opened at $68.92 on Friday. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 1.21. The company has a market capitalization of $12.69 billion, a price-to-earnings ratio of 40.30, a price-to-earnings-growth ratio of 3.11 and a beta of 0.72. TransUnion has a 12 month low of $68.93 and a 12 month high of $69.18.
The company also recently disclosed a special dividend, which will be paid on Thursday, June 7th. Stockholders of record on Wednesday, May 23rd will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Tuesday, May 22nd.
TransUnion Company Profile
TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use 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 investigate potential fraud.
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