TransUnion (NYSE:TRU) Announces Earnings Results, Beats Estimates By $0.03 EPS

TransUnion (NYSE:TRU) 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

In related news, insider Steven M. Chaouki sold 1,000 shares of the firm’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $90.14, for a total transaction of $90,140.00. Following the completion of the sale, the insider now owns 69,547 shares in the company, valued at approximately $6,268,966.58. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, insider Todd C. Skinner sold 2,900 shares of TransUnion stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $85.58, for a total value of $248,182.00. Following the completion of the transaction, the insider now owns 27,729 shares in the company, valued at $2,373,047.82. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $90.14, for a total transaction of $90,140.00. Following the completion of the transaction, the insider now owns 69,547 shares of the company’s stock, valued at $6,268,966.58. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,715 shares of company stock worth $1,299,729 over the last quarter. Insiders own 0.22% of the company’s stock.

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.

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.