FY2024 EPS Estimates for TransUnion Decreased by Analyst

TransUnion (NYSE:TRU) – Stock analysts at William Blair cut their FY2024 earnings per share (EPS) estimates for shares of TransUnion in a report released on Tuesday, January 21st. William Blair analyst A. Nicholas now expects that the business services provider will post earnings per share of $3.30 for the year, down from their prior 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 released its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, beating the consensus estimate of $1.01 by $0.03. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The business’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.80 EPS.

A number of other analysts also recently issued reports on TRU. Wells Fargo & Company cut their target price on TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a research note on Friday, January 10th. The Goldman Sachs Group boosted their price target on shares of TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. Royal Bank of Canada reiterated an “outperform” rating and issued a $121.00 price objective on shares of TransUnion in a research note on Thursday, October 24th. Robert W. Baird raised their price objective on shares of TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Finally, UBS Group assumed coverage on TransUnion in a report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price target for the company. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $108.19.

TransUnion Stock Down 0.6 %

TRU opened at $95.41 on Thursday. The stock has a market capitalization of $18.60 billion, a price-to-earnings ratio of 82.97, a PEG ratio of 1.16 and a beta of 1.62. The company has a fifty day moving average of $95.88 and a two-hundred day moving average of $96.10. 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 has a fifty-two week low of $66.07 and a fifty-two week high of $113.17.

TransUnion Announces Dividend

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

Insider Transactions at TransUnion

In other news, Director George M. Awad sold 12,000 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the sale, the director now owns 27,026 shares in the company, valued at $2,702,600. The trade was a 30.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Steven M. Chaouki sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $105.66, for a total transaction of $158,490.00. Following the completion of the transaction, the insider now owns 62,988 shares in the company, valued at approximately $6,655,312.08. This represents a 2.33 % decrease in their position. 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. Company insiders own 0.22% of the company’s stock.

Hedge Funds Weigh In On TransUnion

Several large investors have recently added to or reduced their stakes in TRU. Huntington National Bank grew its position in shares of TransUnion by 84.5% during the 3rd quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock worth $30,000 after buying an additional 131 shares during the period. Versant Capital Management Inc raised its position in shares of TransUnion by 82.1% during the fourth quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after purchasing an additional 193 shares during the period. Quarry LP lifted its stake in TransUnion by 963.0% in the second quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after buying an additional 520 shares in the last quarter. Retirement Wealth Solutions LLC bought a new position in TransUnion during the 4th quarter worth about $44,000. Finally, True Wealth Design LLC lifted its stake in TransUnion by 4,590.0% in the 3rd quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock valued at $49,000 after acquiring an additional 459 shares in the last quarter.

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.