TransUnion (TRU) Scheduled to Post Earnings on Tuesday
TransUnion (NYSE:TRU) is scheduled to be announcing its earnings results on Tuesday, July 25th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. TransUnion has set its Q2 guidance at $0.42-0.43 EPS and its FY17 guidance at $1.74-1.79 EPS.
TransUnion (NYSE:TRU) last posted its quarterly earnings data on Tuesday, April 25th. The business services provider reported $0.42 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.06. The business had revenue of $445 million during the quarter, compared to the consensus estimate of $444.53 million. TransUnion had a return on equity of 19.14% and a net margin of 9.71%. TransUnion’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.32 earnings per share. On average, analysts expect TransUnion to post $1.79 EPS for the current fiscal year and $1.99 EPS for the next fiscal year.
Shares of TransUnion (NYSE TRU) opened at 44.34 on Tuesday. The company has a 50-day moving average price of $42.98 and a 200-day moving average price of $37.53. The firm has a market capitalization of $8.10 billion, a P/E ratio of 48.57 and a beta of 0.60. TransUnion has a 12-month low of $28.92 and a 12-month high of $44.88.
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In other news, CFO Samuel A. Hamood sold 145,000 shares of the company’s stock in a transaction dated Tuesday, May 2nd. The shares were sold at an average price of $39.15, for a total transaction of $5,676,750.00. Following the completion of the transaction, the chief financial officer now directly owns 20,243 shares of the company’s stock, valued at $792,513.45. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP David M. Neenan sold 60,000 shares of the company’s stock in a transaction dated Tuesday, May 2nd. The shares were sold at an average price of $39.15, for a total transaction of $2,349,000.00. Following the transaction, the executive vice president now directly owns 80,430 shares of the company’s stock, valued at $3,148,834.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,320,945 shares of company stock valued at $443,241,697. Insiders own 2.10% of the company’s stock.
Several research firms have weighed in on TRU. TheStreet raised shares of TransUnion from a “c” rating to a “b-” rating in a research note on Monday, June 26th. Barclays PLC reissued an “overweight” rating and issued a $48.00 price target (up from $45.00) on shares of TransUnion in a research note on Friday, June 16th. Zacks Investment Research downgraded shares of TransUnion from a “buy” rating to a “hold” rating in a research note on Monday, May 1st. Deutsche Bank AG reaffirmed a “buy” rating and set a $47.00 price objective (up from $45.00) on shares of TransUnion in a research note on Saturday, April 29th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $45.00 price objective on shares of TransUnion in a research note on Wednesday, April 26th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $44.00.
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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