Brokerages Expect TransUnion (TRU) to Post $0.63 EPS

Wall Street analysts expect TransUnion (NYSE:TRU) to post earnings per share (EPS) of $0.63 for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for TransUnion’s earnings. The lowest EPS estimate is $0.61 and the highest is $0.65. TransUnion reported earnings per share of $0.49 during the same quarter last year, which would suggest a positive year over year growth rate of 28.6%. The company is scheduled to announce its next quarterly earnings results on Friday, October 26th.

According to Zacks, analysts expect that TransUnion will report full-year earnings of $2.45 per share for the current fiscal year, with EPS estimates ranging from $2.43 to $2.48. For the next fiscal year, analysts anticipate that the firm will report earnings of $2.82 per share, with EPS estimates ranging from $2.67 to $2.99. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for TransUnion.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Tuesday, July 24th. The business services provider reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.07. TransUnion had a net margin of 21.00% and a return on equity of 21.06%. The firm had revenue of $563.10 million during the quarter, compared to analysts’ expectations of $540.86 million. During the same quarter last year, the company posted $0.47 EPS. The company’s quarterly revenue was up 18.6% compared to the same quarter last year.

Several brokerages have recently commented on TRU. Morgan Stanley reiterated a “hold” rating and set a $75.00 price target (up previously from $71.00) on shares of TransUnion in a research report on Thursday. Zacks Investment Research cut shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Friday, July 27th. Wells Fargo & Co lifted their price target on shares of TransUnion from $65.00 to $75.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 25th. Bank of America lifted their price target on shares of TransUnion from $76.00 to $80.00 and gave the stock a “buy” rating in a research report on Wednesday, July 25th. Finally, Robert W. Baird lifted their price target on shares of TransUnion from $80.00 to $81.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 25th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $75.07.

In related news, CAO Timothy Elberfeld sold 1,590 shares of TransUnion stock in a transaction that occurred on Wednesday, August 1st. The shares were sold at an average price of $72.29, for a total transaction of $114,941.10. Following the transaction, the chief accounting officer now owns 15,422 shares of the company’s stock, valued at approximately $1,114,856.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider James M. Peck sold 131,750 shares of TransUnion stock in a transaction that occurred on Friday, July 27th. The stock was sold at an average price of $71.75, for a total transaction of $9,453,062.50. Following the transaction, the insider now directly owns 389,377 shares in the company, valued at approximately $27,937,799.75. The disclosure for this sale can be found here. Insiders have sold a total of 200,410 shares of company stock worth $14,317,418 in the last three months. 2.10% of the stock is owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in the stock. Moody Aldrich Partners LLC bought a new position in TransUnion during the 2nd quarter worth approximately $246,000. Public Employees Retirement System of Ohio boosted its stake in TransUnion by 13.6% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 86,690 shares of the business services provider’s stock worth $6,210,000 after acquiring an additional 10,408 shares during the last quarter. Andra AP fonden bought a new position in TransUnion during the 2nd quarter worth approximately $5,380,000. California Public Employees Retirement System boosted its stake in TransUnion by 28.8% during the 2nd quarter. California Public Employees Retirement System now owns 343,335 shares of the business services provider’s stock worth $24,597,000 after acquiring an additional 76,745 shares during the last quarter. Finally, East Coast Asset Management LLC. boosted its stake in TransUnion by 9.8% during the 2nd quarter. East Coast Asset Management LLC. now owns 130,595 shares of the business services provider’s stock worth $9,356,000 after acquiring an additional 11,677 shares during the last quarter. 98.23% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE:TRU opened at $76.30 on Friday. TransUnion has a one year low of $41.07 and a one year high of $79.48. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 2.13. The company has a market cap of $14.09 billion, a PE ratio of 44.62, a price-to-earnings-growth ratio of 3.43 and a beta of 0.68.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 6th. Investors of record on Wednesday, August 22nd were paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 0.39%. The ex-dividend date of this dividend was Tuesday, August 21st. TransUnion’s payout ratio is 17.54%.

TransUnion Company Profile

TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use 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 investigate potential fraud.

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