TransUnion (NYSE:TRU – Get Free Report) 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
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.
Read Our Latest Research Report on TRU
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.
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