Needham & Company LLC Weighs in on TransUnion FY2024 Earnings

TransUnion (NYSE:TRU) – Investment analysts at Needham & Company LLC issued their FY2024 EPS estimates for TransUnion in a note issued to investors on Sunday, November 24th. Needham & Company LLC analyst K. Peterson expects that the business services provider will earn $3.43 per share for the year. Needham & Company LLC currently has a “Hold” rating on the stock. The consensus estimate for TransUnion’s current full-year earnings is $3.45 per share. Needham & Company LLC also issued estimates for TransUnion’s Q4 2024 earnings at $0.82 EPS, Q1 2025 earnings at $0.97 EPS, Q2 2025 earnings at $1.03 EPS, Q3 2025 earnings at $1.07 EPS, Q4 2025 earnings at $1.00 EPS and FY2025 earnings at $4.08 EPS.

Other research analysts have also recently issued research reports about the stock. Robert W. Baird boosted their price target on shares of TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Wells Fargo & Company increased their price target on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. The Goldman Sachs Group boosted their price objective on shares of TransUnion from $97.00 to $109.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. UBS Group began coverage on shares of TransUnion in a research note on Tuesday, October 1st. They set a “neutral” rating and a $110.00 target price for the company. Finally, Morgan Stanley lifted their price target on shares of TransUnion from $103.00 to $119.00 and gave the company an “overweight” rating in a research report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, TransUnion currently has a consensus rating of “Moderate Buy” and a consensus price target of $106.38.

TransUnion Stock Up 0.3 %

Shares of NYSE:TRU opened at $101.00 on Wednesday. TransUnion has a 52-week low of $56.85 and a 52-week high of $113.17. The stock has a market cap of $19.68 billion, a P/E ratio of 87.59, a PEG ratio of 1.42 and a beta of 1.62. The business has a fifty day moving average of $103.71 and a two-hundred day moving average of $90.10. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19.

TransUnion (NYSE:TRU) last released its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The business’s revenue was up 12.0% on a year-over-year basis. During the same period last year, the company posted $0.80 EPS.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TRU. Sanctuary Advisors LLC grew its position in shares of TransUnion by 33.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 18,030 shares of the business services provider’s stock worth $1,787,000 after acquiring an additional 4,502 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of TransUnion during the 3rd quarter valued at $444,000. Toronto Dominion Bank lifted its position in shares of TransUnion by 39.3% in the 3rd quarter. Toronto Dominion Bank now owns 25,887 shares of the business services provider’s stock valued at $2,710,000 after acquiring an additional 7,298 shares in the last quarter. TT International Asset Management LTD raised its position in TransUnion by 426.4% during the third quarter. TT International Asset Management LTD now owns 26,853 shares of the business services provider’s stock valued at $2,811,000 after buying an additional 21,752 shares during the period. Finally, Coldstream Capital Management Inc. acquired a new stake in shares of TransUnion during the third quarter worth approximately $211,000.

Insider Transactions at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $95.65, for a total transaction of $95,650.00. Following the completion of the sale, the insider now owns 64,488 shares in the company, valued at approximately $6,168,277.20. This represents a 1.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director George M. Awad sold 12,000 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the transaction, the director now owns 27,026 shares of the company’s stock, valued at approximately $2,702,600. The trade was a 30.75 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 19,500 shares of company stock valued at $1,954,740. 0.28% of the stock is currently owned by corporate insiders.

TransUnion Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Friday, November 22nd will be given a dividend of $0.105 per share. The ex-dividend date is Friday, November 22nd. This represents a $0.42 annualized dividend and a dividend yield of 0.42%. TransUnion’s dividend payout ratio is currently 36.52%.

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.