TransUnion (NYSE:TRU – Get Free Report) posted its quarterly earnings results on Wednesday. The business services provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03, Briefing.com reports. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter last year, the company posted $0.80 earnings per share. TransUnion’s quarterly revenue was up 12.0% on a year-over-year basis.
TransUnion Stock Performance
Shares of TRU stock opened at $106.64 on Friday. The firm has a 50-day moving average of $101.36 and a 200-day moving average of $85.52. The company has a market cap of $20.71 billion, a P/E ratio of -74.57, a P/E/G ratio of 1.38 and a beta of 1.62. 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 one year low of $42.09 and a one year high of $113.17.
TransUnion Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were paid 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 (DPR) is -29.37%.
Insider Activity
Analyst Upgrades and Downgrades
TRU has been the subject of a number of research analyst reports. Wolfe Research upgraded TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target for the company in a report on Thursday, October 10th. Morgan Stanley lifted their price target on TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a report on Thursday. Wells Fargo & Company boosted their price objective on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday. Robert W. Baird boosted their price objective on TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Stifel Nicolaus boosted their price objective on TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday. Seven research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $104.53.
Get Our Latest Analysis on TRU
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.
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