TransUnion (NYSE:TRU) – Analysts at SunTrust Banks decreased their Q1 2019 earnings per share (EPS) estimates for TransUnion in a report issued on Tuesday, December 11th. SunTrust Banks analyst A. Jeffrey now expects that the business services provider will post earnings of $0.60 per share for the quarter, down from their previous estimate of $0.62. SunTrust Banks also issued estimates for TransUnion’s Q2 2019 earnings at $0.66 EPS, Q3 2019 earnings at $0.62 EPS, Q4 2019 earnings at $0.65 EPS and FY2020 earnings at $2.82 EPS.
TransUnion (NYSE:TRU) last posted its quarterly earnings results on Tuesday, October 23rd. The business services provider reported $0.65 EPS for the quarter, beating the consensus estimate of $0.63 by $0.02. TransUnion had a return on equity of 21.22% and a net margin of 18.98%. The company had revenue of $603.60 million during the quarter, compared to analysts’ expectations of $617.92 million. During the same quarter in the previous year, the business earned $0.49 EPS. The firm’s revenue was up 21.2% on a year-over-year basis.
A number of other equities analysts have also issued reports on the company. Atlantic Securities raised TransUnion from a “neutral” rating to an “overweight” rating and set a $82.00 target price on the stock in a research report on Wednesday, October 24th. Bank of America started coverage on TransUnion in a research note on Tuesday, October 23rd. They set a “buy” rating and a $84.00 price objective for the company. Credit Suisse Group started coverage on TransUnion in a research note on Friday, December 7th. They issued a “neutral” rating and a $70.00 price target for the company. Morgan Stanley set a $72.00 price target on TransUnion and gave the stock a “hold” rating in a research note on Monday, October 15th. Finally, ValuEngine lowered TransUnion from a “buy” rating to a “hold” rating in a report on Thursday, November 15th. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $77.93.
TransUnion stock opened at $61.65 on Wednesday. The company has a market cap of $11.22 billion, a P/E ratio of 36.18, a P/E/G ratio of 3.35 and a beta of 0.85. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 2.07. TransUnion has a one year low of $53.11 and a one year high of $79.48.
Hedge funds have recently added to or reduced their stakes in the stock. Point72 Hong Kong Ltd acquired a new stake in TransUnion during the 3rd quarter valued at $101,000. Integrated Investment Consultants LLC acquired a new stake in TransUnion during the 2nd quarter valued at $106,000. Massey Quick Simon & CO. LLC acquired a new stake in TransUnion during the 2nd quarter valued at $139,000. Redpoint Investment Management Pty Ltd acquired a new stake in TransUnion during the 3rd quarter valued at $205,000. Finally, Gabelli Funds LLC acquired a new stake in shares of TransUnion in the 2nd quarter valued at $215,000. 98.46% of the stock is owned by hedge funds and other institutional investors.
In related news, CAO Timothy Elberfeld sold 1,592 shares of the firm’s stock in a transaction on Thursday, November 1st. The stock was sold at an average price of $66.14, for a total transaction of $105,294.88. Following the completion of the sale, the chief accounting officer now directly owns 12,566 shares of the company’s stock, valued at approximately $831,115.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider James M. Peck sold 141,428 shares of the firm’s stock in a transaction on Friday, October 26th. The shares were sold at an average price of $62.04, for a total value of $8,774,193.12. Following the sale, the insider now directly owns 381,627 shares of the company’s stock, valued at $23,676,139.08. The disclosure for this sale can be found here. Insiders have sold a total of 147,339 shares of company stock valued at $9,153,788 in the last 90 days. 1.18% of the stock is owned by corporate insiders.
The business also recently announced a quarterly dividend, which was paid on Thursday, December 6th. Investors of record on Wednesday, November 21st were given a dividend of $0.075 per share. The ex-dividend date was Tuesday, November 20th. This represents a $0.30 annualized dividend and a dividend yield of 0.49%. TransUnion’s dividend payout ratio (DPR) is presently 17.54%.
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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