Wall Street brokerages expect that TransUnion (NYSE:TRU) will post $623.39 million in sales for the current quarter, according to Zacks Investment Research. Seven analysts have provided estimates for TransUnion’s earnings. The highest sales estimate is $627.60 million and the lowest is $621.23 million. TransUnion reported sales of $506.10 million in the same quarter last year, which suggests a positive year-over-year growth rate of 23.2%. The firm is expected to report its next earnings results on Tuesday, February 12th.
On average, analysts expect that TransUnion will report full-year sales of $2.34 billion for the current year, with estimates ranging from $2.33 billion to $2.35 billion. For the next fiscal year, analysts anticipate that the company will report sales of $2.67 billion, with estimates ranging from $2.62 billion to $2.71 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that that provide coverage for TransUnion.
TransUnion (NYSE:TRU) last announced its quarterly earnings results on Tuesday, October 23rd. The business services provider reported $0.65 EPS for the quarter, topping the consensus estimate of $0.63 by $0.02. The business had revenue of $603.60 million for the quarter, compared to analysts’ expectations of $617.92 million. TransUnion had a net margin of 18.98% and a return on equity of 21.22%. The business’s quarterly revenue was up 21.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.49 EPS.
Several analysts have commented on TRU shares. Bank of America started coverage on shares of TransUnion in a research note on Tuesday, October 23rd. They issued a “buy” rating and a $84.00 price target on the stock. Morgan Stanley set a $72.00 price target on shares of TransUnion and gave the stock a “hold” rating in a research note on Monday, October 15th. ValuEngine cut shares of TransUnion from a “buy” rating to a “hold” rating in a research note on Thursday, November 15th. Credit Suisse Group started coverage on shares of TransUnion in a research note on Friday. They issued a “neutral” rating and a $70.00 price target on the stock. Finally, JPMorgan Chase & Co. decreased their price target on shares of TransUnion from $88.00 to $84.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 24th. Five research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $77.93.
Shares of TRU stock opened at $60.53 on Friday. The firm has a market capitalization of $11.60 billion, a price-to-earnings ratio of 35.40, a P/E/G ratio of 3.47 and a beta of 0.85. TransUnion has a 52 week low of $53.11 and a 52 week high of $79.48. The company has a debt-to-equity ratio of 2.07, a quick ratio of 1.62 and a current ratio of 1.62.
The firm also recently announced a quarterly dividend, which was paid on Thursday, December 6th. Stockholders of record on Wednesday, November 21st were given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 0.50%. The ex-dividend date was Tuesday, November 20th. TransUnion’s dividend payout ratio is 17.54%.
In other news, insider James M. Peck sold 141,428 shares of the company’s stock in a transaction dated Friday, October 26th. The shares were sold at an average price of $62.04, for a total transaction of $8,774,193.12. Following the sale, the insider now directly owns 381,627 shares in the company, valued at approximately $23,676,139.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John T. Danaher sold 4,319 shares of the company’s stock in a transaction dated Wednesday, November 28th. The shares were sold at an average price of $63.51, for a total transaction of $274,299.69. Following the sale, the executive vice president now owns 49,492 shares in the company, valued at $3,143,236.92. The disclosure for this sale can be found here. Insiders have sold a total of 147,339 shares of company stock worth $9,153,788 over the last 90 days. Corporate insiders own 2.10% of the company’s stock.
Hedge funds and other institutional investors have recently made changes to their positions in the company. TCW Group Inc. raised its position in shares of TransUnion by 6.2% during the 3rd quarter. TCW Group Inc. now owns 1,645,503 shares of the business services provider’s stock valued at $121,076,000 after buying an additional 96,599 shares in the last quarter. United Services Automobile Association grew its holdings in TransUnion by 0.4% during the 2nd quarter. United Services Automobile Association now owns 217,750 shares of the business services provider’s stock valued at $15,600,000 after purchasing an additional 813 shares during the last quarter. FMR LLC grew its holdings in TransUnion by 14.3% during the 2nd quarter. FMR LLC now owns 9,409,480 shares of the business services provider’s stock valued at $674,095,000 after purchasing an additional 1,179,299 shares during the last quarter. Legal & General Group Plc grew its holdings in TransUnion by 12.2% during the 2nd quarter. Legal & General Group Plc now owns 244,931 shares of the business services provider’s stock valued at $17,547,000 after purchasing an additional 26,612 shares during the last quarter. Finally, IFM Investors Pty Ltd grew its holdings in TransUnion by 16.1% during the 3rd quarter. IFM Investors Pty Ltd now owns 9,920 shares of the business services provider’s stock valued at $730,000 after purchasing an additional 1,374 shares during the last quarter. Hedge funds and other institutional investors own 98.47% of the company’s stock.
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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