TransUnion (NYSE:TRU) Issues FY 2022 Earnings Guidance

TransUnion (NYSE:TRUGet Rating) updated its FY 2022 earnings guidance on Thursday. The company provided EPS guidance of $3.70-$3.85 for the period, compared to the consensus EPS estimate of $3.87. The company issued revenue guidance of $3.75 billion-$3.80 billion, compared to the consensus revenue estimate of $3.84 billion. TransUnion also updated its Q3 2022 guidance to $0.89-$0.95 EPS.

Analysts Set New Price Targets

A number of research firms have weighed in on TRU. Deutsche Bank Aktiengesellschaft decreased their price objective on TransUnion from $111.00 to $101.00 in a report on Wednesday, July 27th. Morgan Stanley reduced their target price on TransUnion from $91.00 to $88.00 and set an equal weight rating on the stock in a report on Wednesday, July 27th. Bank of America downgraded TransUnion from a buy rating to a neutral rating and reduced their target price for the stock from $119.00 to $86.00 in a report on Wednesday, July 27th. Wells Fargo & Company dropped their price objective on shares of TransUnion to $86.00 and set an outperform rating for the company in a research report on Wednesday, July 27th. Finally, Credit Suisse Group dropped their price objective on shares of TransUnion from $100.00 to $90.00 in a research report on Wednesday, April 27th. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, TransUnion presently has an average rating of Moderate Buy and a consensus target price of $100.25.

TransUnion Stock Down 1.2 %

Shares of NYSE:TRU traded down $0.99 during trading on Friday, hitting $78.52. 888,355 shares of the company’s stock traded hands, compared to its average volume of 1,599,062. TransUnion has a 52 week low of $72.26 and a 52 week high of $125.35. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 1.40. The company has a market cap of $15.12 billion, a price-to-earnings ratio of 11.90, a price-to-earnings-growth ratio of 0.80 and a beta of 1.29. The company has a 50-day moving average price of $81.57 and a 200-day moving average price of $90.12.

TransUnion (NYSE:TRUGet Rating) last released its quarterly earnings data on Tuesday, July 26th. The business services provider reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.09. TransUnion had a return on equity of 17.20% and a net margin of 36.96%. The business had revenue of $948.30 million for the quarter, compared to analysts’ expectations of $964.38 million. During the same quarter in the previous year, the business posted $0.87 EPS. TransUnion’s revenue for the quarter was up 30.2% on a year-over-year basis. As a group, research analysts forecast that TransUnion will post 3.57 EPS for the current fiscal year.

TransUnion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 10th. Shareholders of record on Friday, May 27th were paid a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 0.48%. The ex-dividend date of this dividend was Thursday, May 26th. TransUnion’s payout ratio is 5.76%.

Insiders Place Their Bets

In related news, CEO Christopher A. Cartwright purchased 25,000 shares of the stock in a transaction on Thursday, August 4th. The shares were purchased at an average price of $79.42 per share, with a total value of $1,985,500.00. Following the transaction, the chief executive officer now directly owns 226,410 shares of the company’s stock, valued at $17,981,482.20. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. In other TransUnion news, CEO Christopher A. Cartwright bought 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 4th. The shares were acquired at an average cost of $79.42 per share, with a total value of $1,985,500.00. Following the acquisition, the chief executive officer now owns 226,410 shares of the company’s stock, valued at $17,981,482.20. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William Bosworth sold 405 shares of the business’s stock in a transaction that occurred on Monday, June 13th. The stock was sold at an average price of $78.72, for a total value of $31,881.60. Following the transaction, the director now directly owns 5,399 shares in the company, valued at $425,009.28. The disclosure for this sale can be found here. Insiders own 0.22% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in TransUnion by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 16,806,886 shares of the business services provider’s stock valued at $1,736,824,000 after buying an additional 116,546 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of TransUnion by 4.5% during the 1st quarter. Royal Bank of Canada now owns 1,938,852 shares of the business services provider’s stock worth $200,360,000 after purchasing an additional 83,340 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec increased its position in shares of TransUnion by 14.4% in the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 937,408 shares of the business services provider’s stock worth $96,872,000 after purchasing an additional 117,900 shares during the period. Dimensional Fund Advisors LP lifted its position in TransUnion by 1.4% during the first quarter. Dimensional Fund Advisors LP now owns 802,042 shares of the business services provider’s stock worth $82,886,000 after purchasing an additional 11,323 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in TransUnion by 11.6% during the first quarter. Goldman Sachs Group Inc. now owns 646,652 shares of the business services provider’s stock worth $66,825,000 after buying an additional 67,020 shares in the last quarter. 97.36% of the stock is owned by institutional investors and hedge funds.

TransUnion Company Profile

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TransUnion provides risk and information solutions. The company operates in three segments: U.S. Markets, International, and Consumer Interactive. The U.S. Markets segment provides consumer reports, actionable insights, and analytics to 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 mitigate fraud risk.

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Earnings History and Estimates for TransUnion (NYSE:TRU)

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