FY2024 EPS Estimates for TransUnion Decreased by Analyst

TransUnion (NYSE:TRU - Free Report) - William Blair dropped their FY2024 earnings per share estimates for TransUnion in a note issued to investors on Tuesday, January 21st. William Blair analyst A. Nicholas now anticipates that the business services provider will post earnings per share of $3.30 for the year, down from their prior estimate 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.

Several other brokerages have also issued reports on TRU. Oppenheimer lowered their price target on shares of TransUnion from $115.00 to $112.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th. Stifel Nicolaus increased their price target on TransUnion from $103.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. The Goldman Sachs Group boosted their price target on TransUnion from $97.00 to $109.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 2nd. Morgan Stanley raised their target price on shares of TransUnion from $119.00 to $130.00 and gave the company an "overweight" rating in a research note on Thursday, December 12th. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $121.00 price objective on shares of TransUnion in a research report on Thursday, October 24th. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat, TransUnion has an average rating of "Moderate Buy" and an average price target of $108.19.

TransUnion Stock Down 0.1 %

NYSE:TRU traded down $0.10 during trading hours on Thursday, reaching $95.93. 505,959 shares of the stock were exchanged, compared to its average volume of 1,402,305. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.68 and a quick ratio of 1.68. TransUnion has a twelve month low of $66.07 and a twelve month high of $113.17. The stock has a market cap of $18.70 billion, a PE ratio of 83.42, a PEG ratio of 1.16 and a beta of 1.62. The firm has a 50 day moving average of $95.95 and a 200 day moving average of $95.97.

TransUnion (NYSE:TRU - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, beating analysts' consensus estimates of $1.01 by $0.03. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.06 billion. TransUnion had a net margin of 5.47% and a return on equity of 15.38%. The business's revenue was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.80 earnings per share.

Institutional Trading of TransUnion

A number of institutional investors and hedge funds have recently made changes to their positions in TRU. FMR LLC boosted its stake in shares of TransUnion by 307.7% in the 3rd quarter. FMR LLC now owns 4,540,896 shares of the business services provider's stock valued at $475,432,000 after purchasing an additional 3,427,199 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in TransUnion by 17.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 19,180,562 shares of the business services provider's stock valued at $2,008,205,000 after buying an additional 2,840,800 shares in the last quarter. Westfield Capital Management Co. LP bought a new stake in shares of TransUnion during the third quarter worth $92,661,000. Wellington Management Group LLP increased its holdings in shares of TransUnion by 16.8% during the third quarter. Wellington Management Group LLP now owns 4,426,510 shares of the business services provider's stock worth $463,456,000 after buying an additional 635,581 shares in the last quarter. Finally, Artemis Investment Management LLP acquired a new position in shares of TransUnion during the third quarter worth $32,008,000.

Insiders Place Their Bets

In other TransUnion news, insider Steven M. Chaouki sold 1,500 shares of the 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 transaction, the insider now owns 62,988 shares in the company, valued at $6,655,312.08. This represents a 2.33 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director George M. Awad sold 12,000 shares of TransUnion 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 completion of the sale, the director now owns 27,026 shares of the company's stock, valued at approximately $2,702,600. The trade was a 30.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 19,090 shares of company stock worth $1,916,758 in the last 90 days. Company insiders own 0.22% of the company's stock.

TransUnion Announces Dividend

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

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.