TransUnion (TRU) to Release Quarterly Earnings on Wednesday

TransUnion (NYSE:TRU) will be posting 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. Parties interested in listening to the company’s conference call can do so using this link.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.13. The company 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 business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.76 earnings per share. On average, analysts expect TransUnion to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

TransUnion Price Performance

TransUnion stock opened at $107.86 on Monday. The stock’s 50 day moving average is $99.96 and its 200 day moving average is $84.79. TransUnion has a one year low of $42.09 and a one year high of $108.56. The firm has a market cap of $20.96 billion, a P/E ratio of -84.93, a P/E/G ratio of 1.40 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 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were given a $0.105 dividend. The ex-dividend date was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.39%. TransUnion’s dividend payout ratio (DPR) is currently -33.07%.

Analyst Ratings Changes

TRU has been the subject of several recent analyst reports. Morgan Stanley increased their price objective on shares of TransUnion from $96.00 to $103.00 and gave the stock an “overweight” rating in a research report on Thursday, September 12th. Barclays lifted their price objective on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Friday, September 13th. Needham & Company LLC lowered TransUnion from a “buy” rating to a “hold” rating in a research report on Wednesday, August 28th. UBS Group assumed coverage on TransUnion in a research note on Tuesday, October 1st. They set a “neutral” rating and a $110.00 target price for the company. Finally, Robert W. Baird boosted their price target on TransUnion from $94.00 to $104.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, TransUnion has a consensus rating of “Moderate Buy” and an average target price of $98.71.

Insider Buying and Selling

In related news, insider Todd C. Skinner sold 2,900 shares of the stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $85.58, for a total value of $248,182.00. Following the completion of the sale, the insider now directly owns 27,729 shares of the company’s stock, valued at approximately $2,373,047.82. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other TransUnion news, insider Todd C. Skinner sold 2,900 shares of the stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $85.58, for a total value of $248,182.00. Following the completion of the sale, the insider now owns 27,729 shares in the company, valued at approximately $2,373,047.82. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Timothy J. Martin sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total value of $239,125.00. Following the completion of the transaction, the executive vice president now directly owns 49,239 shares of the company’s stock, valued at approximately $4,709,710.35. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,715 shares of company stock worth $1,299,729 in the last ninety days. Corporate insiders own 0.22% of the company’s stock.

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.