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

TransUnion (NYSE:TRU - Get Free Report) issued its quarterly earnings data on Wednesday. The business services provider reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.03, Briefing.com reports. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. TransUnion's revenue for the quarter was up 12.0% on a year-over-year basis. During the same period last year, the firm posted $0.80 EPS.

TransUnion Price Performance

TransUnion stock traded down $2.03 during trading hours on Thursday, hitting $106.64. The stock had a trading volume of 2,081,071 shares, compared to its average volume of 1,588,623. TransUnion has a 1-year low of $42.09 and a 1-year high of $113.17. The stock has a market capitalization of $20.71 billion, a price-to-earnings ratio of -74.57, a PEG ratio of 1.38 and a beta of 1.62. The stock's fifty day moving average is $101.36 and its two-hundred day moving average is $85.52. 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 disclosed a quarterly dividend, which was paid on Monday, September 9th. Investors of record on Friday, August 23rd were issued a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.42 annualized dividend and a yield of 0.39%. TransUnion's dividend payout ratio is presently -29.37%.

Insider Transactions at TransUnion

In related news, EVP Timothy J. Martin sold 2,500 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total value of $261,475.00. Following the sale, the executive vice president now directly owns 46,739 shares of the company's stock, valued at approximately $4,888,432.01. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the company's stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total value of $261,475.00. Following the sale, the executive vice president now owns 46,739 shares of the company's stock, valued at $4,888,432.01. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Heather J. Russell sold 3,173 shares of the stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $95.58, for a total transaction of $303,275.34. Following the completion of the sale, the executive vice president now owns 19,926 shares in the company, valued at $1,904,527.08. This represents a 0.00 % decrease in their ownership of the stock. 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 90 days. 0.22% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

TRU has been the topic of a number of research reports. Barclays raised their price target on TransUnion from $80.00 to $105.00 and gave the stock an "equal weight" rating in a report on Friday, September 13th. Wells Fargo & Company boosted their target price on TransUnion from $125.00 to $135.00 and gave the company an "overweight" rating in a report on Thursday. Needham & Company LLC restated a "hold" rating on shares of TransUnion in a research note on Thursday. The Goldman Sachs Group lifted their price objective on shares of TransUnion from $97.00 to $109.00 and gave the company a "neutral" rating in a research report on Wednesday, October 2nd. Finally, Oppenheimer upped their price objective on shares of TransUnion from $118.00 to $122.00 and gave the stock an "outperform" rating in a research report on Thursday. Seven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, TransUnion has an average 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.

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