TransUnion (NYSE:TRU) Releases Earnings Results, Beats Expectations By $0.03 EPS

TransUnion (NYSE:TRU) posted its quarterly earnings results on Wednesday. The business services provider reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.03, Briefing.com reports. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. TransUnion’s quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.80 earnings per share.

TransUnion Stock Performance

TRU opened at $106.64 on Friday. The business’s 50-day moving average price is $101.36 and its two-hundred day moving average price is $85.52. TransUnion has a 1 year low of $42.09 and a 1 year high of $113.17. The company has a market capitalization of $20.71 billion, a price-to-earnings 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 Announces Dividend

The company also recently declared 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 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend was Friday, August 23rd. TransUnion’s dividend payout ratio is -29.37%.

Insider Buying and Selling at TransUnion

In other TransUnion news, insider Todd C. Skinner sold 2,900 shares of TransUnion stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $85.58, for a total value of $248,182.00. Following the sale, the insider now owns 27,729 shares of the company’s stock, valued at $2,373,047.82. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, insider Todd C. Skinner sold 2,900 shares of TransUnion stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $85.58, for a total value of $248,182.00. Following the sale, the insider now owns 27,729 shares of the company’s stock, valued at approximately $2,373,047.82. The trade was a 0.00 % 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, EVP Heather J. Russell sold 3,173 shares of TransUnion stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $95.58, for a total value of $303,275.34. Following the completion of the sale, the executive vice president now directly owns 19,926 shares in the company, valued at approximately $1,904,527.08. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,715 shares of company stock valued at $1,299,729 in the last 90 days. 0.22% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on TRU shares. Barclays upped their target price on TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Friday, September 13th. Oppenheimer upped their target price on TransUnion from $118.00 to $122.00 and gave the stock an “outperform” rating in a research report on Thursday. The Goldman Sachs Group upped their target price on TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. Wells Fargo & Company upped their price target on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Robert W. Baird increased their target price on TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday. Seven research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $104.53.

About TransUnion

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.