TransUnion (TRU) Given Average Recommendation of “Buy” by Brokerages
Shares of TransUnion (NYSE:TRU) have been assigned an average recommendation of “Buy” from the twelve research firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $56.44.
Several equities analysts have issued reports on the company. BidaskClub upgraded TransUnion from a “buy” rating to a “strong-buy” rating in a research note on Monday, August 14th. Zacks Investment Research lowered TransUnion from a “buy” rating to a “hold” rating in a research note on Tuesday, August 22nd. SunTrust Banks assumed coverage on TransUnion in a research note on Tuesday, September 5th. They issued a “buy” rating and a $54.00 target price on the stock. Deutsche Bank reiterated a “buy” rating on shares of TransUnion in a research note on Friday, September 8th. Finally, Cowen reiterated a “buy” rating and issued a $48.00 target price on shares of TransUnion in a research note on Thursday, September 7th.
In other news, major shareholder Goldman Sachs Group Inc sold 3,698,137 shares of the business’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $52.25, for a total transaction of $193,227,658.25. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Christopher A. Cartwright sold 234,565 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $55.05, for a total value of $12,912,803.25. Following the sale, the executive vice president now owns 105,917 shares in the company, valued at approximately $5,830,730.85. The disclosure for this sale can be found here. Insiders have sold 4,256,366 shares of company stock worth $222,165,192 in the last 90 days. Insiders own 2.10% of the company’s stock.
Shares of TransUnion (TRU) opened at $55.06 on Thursday. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 1.51. The firm has a market capitalization of $10,036.83, a PE ratio of 32.56, a P/E/G ratio of 3.22 and a beta of 0.64. TransUnion has a fifty-two week low of $29.30 and a fifty-two week high of $56.44.
TransUnion (NYSE:TRU) last released its quarterly earnings data on Friday, October 27th. The business services provider reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.06. The firm had revenue of $498.00 million during the quarter, compared to the consensus estimate of $475.52 million. TransUnion had a return on equity of 21.37% and a net margin of 13.17%. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.38 earnings per share. research analysts anticipate that TransUnion will post 1.71 EPS for the current fiscal year.
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TransUnion Company Profile
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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