TransUnion (NYSE:TRU) Issues Q4 Earnings Guidance

TransUnion (NYSE:TRU) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $0.92-0.98 for the period, compared to the consensus EPS estimate of $0.97. The company issued revenue guidance of $1.014-1.034 billion, compared to the consensus revenue estimate of $1.02 billion. TransUnion also updated its FY 2024 guidance to 3.870-3.930 EPS.

TransUnion Stock Performance

NYSE TRU traded down $0.99 on Thursday, hitting $107.68. 811,495 shares of the company’s stock were exchanged, compared to its average volume of 1,582,460. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66. The firm’s 50-day moving average price is $101.10 and its two-hundred day moving average price is $85.37. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $113.17. The firm has a market cap of $20.91 billion, a price-to-earnings ratio of -75.45, a P/E/G ratio of 1.38 and a beta of 1.62.

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

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 9th. Investors of record on Friday, August 23rd were issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date was Friday, August 23rd. TransUnion’s dividend payout ratio is currently -29.37%.

Analysts Set New Price Targets

TRU has been the topic of a number of research reports. Wolfe Research upgraded TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a report on Thursday, October 10th. Morgan Stanley upped their price target on TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a report on Thursday. The Goldman Sachs Group upped their price target on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Wells Fargo & Company upped their price target on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, 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 note on Friday, July 26th. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $103.65.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $90.14, for a total transaction of $90,140.00. Following the transaction, the insider now owns 69,547 shares of the company’s stock, valued at $6,268,966.58. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. In related news, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $90.14, for a total value of $90,140.00. Following the transaction, the insider now directly owns 69,547 shares of the company’s stock, valued at approximately $6,268,966.58. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Heather J. Russell sold 3,173 shares of the stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $303,275.34. Following the completion of the transaction, the executive vice president now directly owns 19,926 shares in the company, valued at $1,904,527.08. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,715 shares of company stock valued at $1,299,729 in the last quarter. 0.22% of the stock is currently owned by company insiders.

About TransUnion

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.