TransUnion (TRU) Scheduled to Post Earnings on Wednesday

TransUnion (NYSE:TRU) is scheduled to release its earnings data before the market opens on Wednesday, October 23rd. Analysts expect TransUnion to post earnings of $0.89 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Thursday, July 25th. The business services provider reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.13. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same quarter in the previous year, the firm posted $0.76 EPS. The firm’s revenue was up 7.5% compared to the same quarter last year. On average, analysts expect TransUnion to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

TransUnion Stock Performance

Shares of TRU opened at $107.62 on Wednesday. The stock has a 50-day moving average of $98.13 and a two-hundred day moving average of $83.98. TransUnion has a one year low of $42.09 and a one year high of $108.56. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.66 and a current ratio of 1.66. The stock has a market cap of $20.91 billion, a P/E ratio of -84.76, a P/E/G ratio of 1.40 and a beta of 1.62.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were given a dividend of $0.105 per share. The ex-dividend date was Friday, August 23rd. This represents a $0.42 dividend on an annualized basis and a yield of 0.39%. TransUnion’s dividend payout ratio is currently -33.07%.

Analyst Upgrades and Downgrades

TRU has been the subject of several analyst reports. UBS Group initiated coverage on TransUnion in a report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price objective for the company. Wells Fargo & Company boosted their price objective on TransUnion from $100.00 to $125.00 and gave the company an “overweight” rating in a report on Wednesday, October 2nd. Robert W. Baird boosted their price objective on TransUnion from $94.00 to $104.00 and gave the company an “outperform” rating in a report on Friday, July 26th. Bank of America raised TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 price objective for the company in a report on Thursday, June 20th. Finally, Wolfe Research raised TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective for the company in a report on Thursday, October 10th. Seven analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $98.71.

Insiders Place Their Bets

In other news, insider Steven M. Chaouki sold 1,000 shares of the business’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 transaction, the insider now owns 69,547 shares of the company’s stock, valued at approximately $6,268,966.58. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other TransUnion news, insider Todd C. Skinner sold 2,900 shares of the company’s 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 transaction, the insider now owns 27,729 shares of the company’s stock, valued at $2,373,047.82. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the company’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 transaction, the insider now directly owns 69,547 shares in the company, 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 13,715 shares of company stock valued at $1,299,729 in the last three months. 0.22% of the stock is currently owned by insiders.

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.