TransUnion (NYSE:TRU) Updates Q4 Earnings Guidance

TransUnion (NYSE:TRU - Get Free Report) updated its fourth quarter earnings guidance on Wednesday. The company provided earnings per share guidance of $0.92-0.98 for the period, compared to the consensus earnings per share estimate of $0.97. The company issued revenue guidance of $1.014-1.034 billion, compared to the consensus revenue estimate of $1.02 billion. TransUnion also updated its FY 2024 guidance to 3.870-3.930 EPS.

Analyst Ratings Changes

TRU has been the subject of several recent research reports. Wolfe Research raised TransUnion from a "peer perform" rating to an "outperform" rating and set a $130.00 price target for the company in a report on Thursday, October 10th. Royal Bank of Canada increased their price target on shares of TransUnion from $85.00 to $106.00 and gave the stock an "outperform" rating in a report on Friday, July 26th. Needham & Company LLC lowered TransUnion from a "buy" rating to a "hold" rating in a report on Wednesday, August 28th. Oppenheimer increased their target price on TransUnion from $97.00 to $118.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 8th. Finally, The Goldman Sachs Group lifted their price target on TransUnion from $97.00 to $109.00 and gave the company a "neutral" rating in a research note on Wednesday, October 2nd. Seven investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, TransUnion currently has an average rating of "Moderate Buy" and a consensus price target of $98.71.

TransUnion Trading Down 1.6 %

Shares of TransUnion stock opened at $105.78 on Wednesday. The business has a 50 day moving average price of $100.75 and a 200 day moving average price of $85.20. The company has a market capitalization of $20.55 billion, a P/E ratio of -83.29, a P/E/G ratio of 1.40 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 has a 1 year low of $42.09 and a 1 year high of $108.56.

TransUnion (NYSE:TRU - Get Free Report) last issued its quarterly earnings data on Thursday, July 25th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.13. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The business's revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.76 earnings per share. Sell-side analysts anticipate that TransUnion will post 3.46 EPS for the current fiscal year.

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 paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.40%. The ex-dividend date was Friday, August 23rd. TransUnion's payout ratio is -33.07%.

Insiders Place Their Bets

In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total transaction of $261,475.00. Following the transaction, 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 position. The sale was disclosed in a document filed with the SEC, which is available through this link. In other 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 transaction of $261,475.00. Following the transaction, the executive vice president now directly owns 46,739 shares in the company, valued at $4,888,432.01. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Todd C. Skinner sold 2,900 shares of the stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $85.58, for a total transaction of $248,182.00. Following the transaction, the insider now directly owns 27,729 shares in the company, valued at approximately $2,373,047.82. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 13,715 shares of company stock valued at $1,299,729. Company insiders own 0.22% of the company's stock.

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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