TransUnion (NYSE:TRU) Issues Quarterly Earnings Results, Beats Estimates By $0.13 EPS

TransUnion (NYSE:TRU) announced its earnings results on Thursday. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.13, Briefing.com reports. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.02 billion. TransUnion had a positive return on equity of 15.13% and a negative net margin of 6.11%. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.76 EPS.

TransUnion Price Performance

TRU stock traded up $2.65 during mid-day trading on Friday, reaching $86.46. The company’s stock had a trading volume of 2,781,152 shares, compared to its average volume of 1,487,285. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.26. The company’s 50 day moving average is $75.62 and its two-hundred day moving average is $74.87. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $87.36. The stock has a market cap of $16.79 billion, a PE ratio of -60.46, a P/E/G ratio of 1.69 and a beta of 1.61.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Friday, May 17th were given a dividend of $0.105 per share. The ex-dividend date was Thursday, May 16th. This represents a $0.42 dividend on an annualized basis and a yield of 0.49%. TransUnion’s payout ratio is presently -29.37%.

Insider Transactions at TransUnion

In related news, insider Steven M. Chaouki sold 1,776 shares of the stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $72.00, for a total value of $127,872.00. Following the completion of the sale, the insider now owns 71,547 shares of the company’s stock, valued at $5,151,384. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other TransUnion news, insider Steven M. Chaouki sold 1,776 shares of TransUnion stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $72.00, for a total transaction of $127,872.00. Following the transaction, the insider now directly owns 71,547 shares of the company’s stock, valued at $5,151,384. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $74.27, for a total transaction of $74,270.00. Following the sale, the insider now directly owns 70,547 shares in the company, valued at approximately $5,239,525.69. The disclosure for this sale can be found here. Insiders have sold a total of 29,761 shares of company stock worth $2,266,576 in the last ninety days. Insiders own 0.22% of the company’s stock.

Analyst Ratings Changes

TRU has been the subject of a number of research analyst reports. Royal Bank of Canada raised 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. Robert W. Baird lifted their price objective on shares of TransUnion from $94.00 to $104.00 and gave the company an “outperform” rating in a research note on Friday. Morgan Stanley increased their price objective on shares of TransUnion from $87.00 to $90.00 and gave the stock an “overweight” rating in a research note on Friday, April 26th. Needham & Company LLC boosted their target price on shares of TransUnion from $89.00 to $92.00 and gave the company a “buy” rating in a research report on Friday. Finally, Stifel Nicolaus increased their price target on TransUnion from $83.00 to $92.00 and gave the stock a “buy” rating in a research report on Friday, April 26th. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.80.

TransUnion Company Profile

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.