William Blair Decreases Earnings Estimates for TransUnion

TransUnion (NYSE:TRU) – Research analysts at William Blair cut their FY2024 EPS estimates for shares of TransUnion in a note issued to investors on Tuesday, January 21st. William Blair analyst A. Nicholas now forecasts that the business services provider will post earnings of $3.30 per share for the year, down from their previous forecast of $3.31. The consensus estimate for TransUnion’s current full-year earnings is $3.44 per share. William Blair also issued estimates for TransUnion’s FY2025 earnings at $3.74 EPS.

TransUnion (NYSE:TRU) last announced its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, topping the consensus estimate of $1.01 by $0.03. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The firm’s revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.80 earnings per share.

Several other research firms also recently issued reports on TRU. Robert W. Baird boosted their price objective on shares of TransUnion from $104.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. UBS Group started coverage on TransUnion in a report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price target for the company. The Goldman Sachs Group boosted their price objective on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. Morgan Stanley increased their target price on TransUnion from $119.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Finally, Jefferies Financial Group reduced their price target on TransUnion from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, TransUnion has an average rating of “Moderate Buy” and a consensus price target of $108.19.

TransUnion Stock Down 0.1 %

Shares of NYSE:TRU opened at $95.96 on Thursday. The stock has a 50-day simple moving average of $95.95 and a 200-day simple moving average of $95.97. The stock has a market capitalization of $18.70 billion, a P/E ratio of 83.44, a PEG ratio of 1.16 and a beta of 1.62. TransUnion has a 1 year low of $66.07 and a 1 year high of $113.17. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.68 and a current ratio of 1.68.

TransUnion Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 9th. Stockholders of record on Friday, November 22nd were given a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.42 annualized dividend and a dividend yield of 0.44%. TransUnion’s payout ratio is 36.52%.

Insider Buying and Selling

In other TransUnion news, insider Todd C. Skinner sold 3,090 shares of the firm’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $101.48, for a total value of $313,573.20. Following the transaction, the insider now owns 24,333 shares of the company’s stock, valued at $2,469,312.84. This trade represents a 11.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total value of $93,600.00. Following the transaction, the insider now directly owns 59,488 shares of the company’s stock, valued at $5,568,076.80. This trade represents a 1.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 19,090 shares of company stock worth $1,916,758. Corporate insiders own 0.22% of the company’s stock.

Institutional Trading of TransUnion

A number of large investors have recently modified their holdings of the company. Huntington National Bank increased its stake in shares of TransUnion by 84.5% during the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 131 shares during the period. Versant Capital Management Inc raised its stake in shares of TransUnion by 82.1% in the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after buying an additional 193 shares in the last quarter. Quarry LP raised its stake in shares of TransUnion by 963.0% in the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock worth $43,000 after buying an additional 520 shares in the last quarter. Retirement Wealth Solutions LLC bought a new position in TransUnion during the fourth quarter valued at about $44,000. Finally, True Wealth Design LLC grew its holdings in TransUnion by 4,590.0% during the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after acquiring an additional 459 shares during the period.

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.