TransUnion (NYSE:TRU) updated its second quarter earnings guidance on Tuesday. The company provided EPS guidance of $0.64-0.66 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.66. The company issued revenue guidance of $642-647 million, compared to the consensus revenue estimate of $648.17 million.TransUnion also updated its FY 2019 guidance to $2.60-2.65 EPS.
A number of research analysts have recently commented on the company. Zacks Investment Research cut TransUnion from a hold rating to a sell rating in a research note on Wednesday, February 20th. Deutsche Bank raised their target price on TransUnion from $69.00 to $75.00 and gave the company a buy rating in a research note on Wednesday, April 17th. Exane BNP Paribas assumed coverage on TransUnion in a research note on Friday, March 15th. They issued a neutral rating and a $66.00 target price for the company. BNP Paribas assumed coverage on TransUnion in a research note on Friday, March 15th. They issued a neutral rating and a $66.00 target price for the company. Finally, ValuEngine upgraded TransUnion from a hold rating to a buy rating in a research note on Friday, February 22nd. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock has an average rating of Buy and a consensus price target of $75.25.
NYSE:TRU traded down $2.41 during trading hours on Tuesday, reaching $68.29. 16,400 shares of the company traded hands, compared to its average volume of 1,515,805. The stock has a market capitalization of $13.30 billion, a price-to-earnings ratio of 29.59, a PEG ratio of 4.36 and a beta of 0.95. TransUnion has a 1 year low of $52.15 and a 1 year high of $79.48. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 2.01.
In other TransUnion news, CAO Timothy Elberfeld sold 1,000 shares of TransUnion stock in a transaction on Friday, April 12th. The stock was sold at an average price of $70.00, for a total value of $70,000.00. Following the completion of the sale, the chief accounting officer now owns 13,062 shares of the company’s stock, valued at approximately $914,340. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP David E. Wojczynski sold 9,000 shares of TransUnion stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $65.94, for a total value of $593,460.00. Following the completion of the sale, the executive vice president now directly owns 43,384 shares of the company’s stock, valued at approximately $2,860,740.96. The disclosure for this sale can be found here. In the last three months, insiders sold 214,041 shares of company stock valued at $13,847,553. Corporate insiders own 0.92% of the company’s stock.
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TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use 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 investigate potential fraud.
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