TransUnion (NYSE:TRU) Posts Quarterly Earnings Results, Beats Expectations By $0.13 EPS

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

TransUnion Trading Up 3.2 %

NYSE TRU traded up $2.65 on Friday, reaching $86.46. The stock had a trading volume of 2,781,152 shares, compared to its average volume of 1,487,285. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.26. The stock has a fifty day moving average price of $75.62 and a two-hundred day moving average price of $74.87. TransUnion has a 12-month low of $42.09 and a 12-month high of $87.36. The firm has a market capitalization of $16.79 billion, a price-to-earnings ratio of -60.46, a P/E/G ratio of 1.69 and a beta of 1.61.

TransUnion Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Friday, May 17th were issued a $0.105 dividend. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $0.42 annualized dividend and a yield of 0.49%. TransUnion’s dividend payout ratio (DPR) is presently -29.37%.

Insider Transactions at TransUnion

In related news, CFO Todd M. Cello sold 12,865 shares of the stock in a transaction dated Friday, July 12th. The stock was sold at an average price of $80.00, for a total transaction of $1,029,200.00. Following the transaction, the chief financial officer now owns 101,426 shares of the company’s stock, valued at approximately $8,114,080. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other TransUnion news, insider Steven M. Chaouki sold 1,776 shares of the business’s stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $72.00, for a total value of $127,872.00. Following the completion of the transaction, the insider now owns 71,547 shares in the company, valued at $5,151,384. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Todd M. Cello sold 12,865 shares of the company’s stock in a transaction on Friday, July 12th. The stock was sold at an average price of $80.00, for a total value of $1,029,200.00. Following the sale, the chief financial officer now directly owns 101,426 shares in the company, valued at approximately $8,114,080. The disclosure for this sale can be found here. Insiders sold a total of 29,761 shares of company stock worth $2,266,576 over the last ninety days. Company insiders own 0.22% of the company’s stock.

Analyst Upgrades and Downgrades

TRU has been the topic of several research reports. Needham & Company LLC raised their price target on shares of TransUnion from $89.00 to $92.00 and gave the stock a “buy” rating in a research note on Friday. Oppenheimer boosted their target price on TransUnion from $90.00 to $97.00 and gave the stock an “outperform” rating in a report on Friday. Bank of America raised TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 price target for the company in a report on Thursday, June 20th. Barclays upped their target price on TransUnion from $75.00 to $80.00 and gave the company an “equal weight” rating in a report on Friday. Finally, Royal Bank of Canada lifted their price target on TransUnion from $85.00 to $106.00 and gave the stock an “outperform” rating in a report on Friday. Six investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $86.80.

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.