TransUnion (NYSE:TRU) Issues Q2 Earnings Guidance

TransUnion (NYSE:TRU) updated its second quarter earnings guidance on Thursday. The company provided earnings per share guidance of $0.95 to $0.98 for the period, compared to the consensus earnings per share estimate of $0.91. The company issued revenue guidance of $1.017 billion to $1.026 billion, compared to the consensus revenue estimate of $1.01 billion. TransUnion also updated its FY 2024 guidance to 3.690-3.860 EPS.

Wall Street Analyst Weigh In

Several brokerages have weighed in on TRU. Robert W. Baird raised their target price on shares of TransUnion from $87.00 to $94.00 and gave the company an outperform rating in a research note on Friday. The Goldman Sachs Group upped their target price on TransUnion from $63.00 to $72.00 and gave the company a neutral rating in a research report on Friday, December 29th. Barclays increased their price target on TransUnion from $55.00 to $75.00 and gave the company an equal weight rating in a research note on Wednesday, February 14th. Evercore ISI boosted their price target on TransUnion from $70.00 to $80.00 and gave the stock an in-line rating in a research note on Tuesday, March 26th. Finally, Needham & Company LLC increased their price objective on shares of TransUnion from $87.00 to $89.00 and gave the company a buy rating in a research report on Thursday. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and an average target price of $83.60.

TransUnion Stock Performance

TRU stock traded up $0.18 during trading on Friday, hitting $74.47. 1,873,346 shares of the company traded hands, compared to its average volume of 1,713,301. The stock’s 50-day simple moving average is $76.33 and its 200 day simple moving average is $67.88. TransUnion has a 1 year low of $42.09 and a 1 year high of $82.75. The company has a market cap of $14.46 billion, a PE ratio of -49.98, a P/E/G ratio of 1.06 and a beta of 1.61. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.47 and a quick ratio of 1.47.

TransUnion (NYSE:TRU) last announced its earnings results on Thursday, April 25th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.71 by $0.12. TransUnion had a positive return on equity of 13.58% and a negative net margin of 7.50%. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $977.62 million. On average, equities analysts expect that TransUnion will post 3.31 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Thursday, March 7th were paid a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date was Wednesday, March 6th. TransUnion’s dividend payout ratio (DPR) is currently -28.19%.

Insider Buying and Selling at TransUnion

In other TransUnion news, EVP Timothy J. Martin sold 12,000 shares of the business’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total value of $943,080.00. Following the completion of the transaction, the executive vice president now owns 54,522 shares in the company, valued at $4,284,883.98. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, EVP Richard Dane Mauldin sold 1,500 shares of the stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $78.10, for a total value of $117,150.00. Following the completion of the sale, the executive vice president now directly owns 22,033 shares of the company’s stock, valued at $1,720,777.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Timothy J. Martin sold 12,000 shares of the company’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total transaction of $943,080.00. Following the completion of the sale, the executive vice president now owns 54,522 shares of the company’s stock, valued at approximately $4,284,883.98. The disclosure for this sale can be found here. Insiders sold a total of 15,275 shares of company stock worth $1,204,538 in the last three months. 0.22% of the stock is owned by corporate insiders.

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.