TransUnion (NYSE:TRU) Updates Q4 2024 Earnings Guidance

TransUnion (NYSE:TRU) issued an update on its fourth quarter 2024 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.920-0.980 for the period, compared to the consensus EPS estimate of 0.970. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. TransUnion also updated its FY 2024 guidance to 3.870-3.930 EPS.

TransUnion Trading Down 0.6 %

TRU stock traded down $0.63 during midday trading on Thursday, reaching $108.04. 667,265 shares of the company’s stock traded hands, compared to its average volume of 1,581,760. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $113.17. The business has a 50-day moving average price of $101.10 and a two-hundred day moving average price of $85.37. The company has a market capitalization of $20.98 billion, a P/E ratio of -75.45, a PEG ratio of 1.38 and a beta of 1.62.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.13. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same period in the prior year, the company earned $0.76 EPS. The firm’s revenue was up 7.5% on a year-over-year basis. Equities research analysts forecast that TransUnion will post 3.46 EPS for the current fiscal year.

TransUnion Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were paid a $0.105 dividend. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.42 annualized dividend and a dividend yield of 0.39%. TransUnion’s dividend payout ratio (DPR) is presently -29.37%.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Needham & Company LLC reiterated a “hold” rating on shares of TransUnion in a report on Thursday. UBS Group initiated coverage on TransUnion in a research note on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price target on the stock. The Goldman Sachs Group lifted their price objective on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Royal Bank of Canada upped their target price on TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a research report on Friday, July 26th. Finally, Morgan Stanley raised their price target on shares of TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a research report on Thursday. Seven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $103.65.

Insider Activity

In other news, CAO Jennifer A. Williams sold 405 shares of the business’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total transaction of $38,709.90. Following the sale, the chief accounting officer now directly owns 7,186 shares of the company’s stock, valued at $686,837.88. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total value of $261,475.00. Following the completion of the transaction, the executive vice president now owns 46,739 shares of the company’s stock, valued at approximately $4,888,432.01. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Jennifer A. Williams sold 405 shares of the business’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $38,709.90. Following the sale, the chief accounting officer now directly owns 7,186 shares in the company, valued at approximately $686,837.88. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,715 shares of company stock worth $1,299,729. Insiders own 0.22% of the company’s stock.

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.