Brokerages predict that TransUnion (NYSE:TRU) will announce sales of $643.54 million for the current fiscal quarter, Zacks reports. Seven analysts have issued estimates for TransUnion’s earnings, with estimates ranging from $635.50 million to $646.60 million. TransUnion reported sales of $563.10 million in the same quarter last year, which would suggest a positive year over year growth rate of 14.3%. The business is scheduled to issue its next earnings results on Tuesday, July 23rd.
According to Zacks, analysts expect that TransUnion will report full-year sales of $2.61 billion for the current financial year, with estimates ranging from $2.59 billion to $2.62 billion. For the next fiscal year, analysts expect that the company will post sales of $2.83 billion, with estimates ranging from $2.80 billion to $2.85 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research analysts that cover TransUnion.
TransUnion (NYSE:TRU) last issued its quarterly earnings data on Tuesday, April 23rd. The business services provider reported $0.60 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.07. TransUnion had a return on equity of 22.63% and a net margin of 11.43%. The business had revenue of $623.50 million for the quarter, compared to the consensus estimate of $618.38 million. During the same period in the prior year, the business earned $0.57 earnings per share. The business’s revenue was up 16.0% on a year-over-year basis.
TRU has been the topic of several recent research reports. ValuEngine upgraded TransUnion from a “hold” rating to a “buy” rating in a research report on Friday, February 22nd. Deutsche Bank upped their price objective on TransUnion from $69.00 to $75.00 and gave the company a “buy” rating in a research report on Wednesday, April 17th. Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $70.00 price objective on the stock in a research report on Wednesday, May 29th. Barclays restated a “buy” rating and issued a $80.00 price objective on shares of TransUnion in a research report on Sunday, May 5th. Finally, BNP Paribas initiated coverage on TransUnion in a research report on Friday, March 15th. They issued a “neutral” rating and a $66.00 price objective on the stock. Five research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $75.27.
Shares of NYSE:TRU traded down $0.23 on Monday, hitting $70.92. The company had a trading volume of 972,591 shares, compared to its average volume of 920,888. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.90. TransUnion has a 52-week low of $52.15 and a 52-week high of $79.48. The company has a market capitalization of $13.28 billion, a P/E ratio of 30.70, a P/E/G ratio of 4.30 and a beta of 0.96.
The firm also recently announced a quarterly dividend, which was paid on Friday, June 7th. Investors of record on Thursday, May 23rd were given a dividend of $0.075 per share. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $0.30 annualized dividend and a yield of 0.42%. TransUnion’s dividend payout ratio (DPR) is presently 12.99%.
In related news, EVP Christopher A. Cartwright sold 36,082 shares of the stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $65.86, for a total transaction of $2,376,360.52. Following the transaction, the executive vice president now directly owns 209,625 shares in the company, valued at $13,805,902.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Timothy Elberfeld sold 1,000 shares of the stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $70.00, for a total value of $70,000.00. Following the transaction, the chief accounting officer now owns 13,062 shares in the company, valued at $914,340. The disclosure for this sale can be found here. Insiders have sold 165,470 shares of company stock worth $11,265,378 over the last quarter. 0.92% of the stock is currently owned by company insiders.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Suntrust Banks Inc. acquired a new stake in TransUnion during the fourth quarter worth about $214,000. Prana Capital Management LP acquired a new stake in TransUnion during the fourth quarter worth about $1,315,000. Chicago Capital LLC acquired a new stake in TransUnion during the first quarter worth about $18,666,000. Schmidt P J Investment Management Inc. increased its stake in TransUnion by 6.7% during the first quarter. Schmidt P J Investment Management Inc. now owns 11,691 shares of the business services provider’s stock worth $781,000 after acquiring an additional 729 shares during the last quarter. Finally, Investec Asset Management LTD increased its stake in TransUnion by 51.5% during the fourth quarter. Investec Asset Management LTD now owns 3,418,486 shares of the business services provider’s stock worth $194,170,000 after acquiring an additional 1,161,718 shares during the last quarter.
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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