Wall Street brokerages expect TransUnion (NYSE:TRU) to post $463.45 million in sales for the current fiscal quarter, Zacks reports. Six analysts have made estimates for TransUnion’s earnings, with estimates ranging from $461.2 million to $465.45 million. TransUnion reported sales of $425.7 million in the same quarter last year, which indicates a positive year-over-year growth rate of 8.9%. The company is scheduled to announce its next earnings report on Tuesday, July 25th.
According to Zacks, analysts expect that TransUnion will report full-year sales of $463.45 million for the current year. For the next financial year, analysts forecast that the business will post sales of $2 billion per share, with estimates ranging from $1.99 billion to $2.01 billion. Zacks Investment Research’s sales averages are an average based on a survey of analysts that that provide coverage for TransUnion.
TransUnion (NYSE:TRU) last issued its earnings results on Tuesday, April 25th. The business services provider reported $0.42 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.06. The firm had revenue of $445 million for the quarter, compared to the consensus estimate of $444.53 million. TransUnion had a return on equity of 16.65% and a net margin of 5.46%. The company’s revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.32 EPS.
Several research analysts have weighed in on TRU shares. Zacks Investment Research downgraded shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Monday, May 1st. Deutsche Bank AG reaffirmed a “buy” rating and set a $47.00 target price (up from $45.00) on shares of TransUnion in a research note on Saturday, April 29th. Barclays PLC reissued a “buy” rating and issued a $45.00 price objective on shares of TransUnion in a research note on Thursday, April 27th. Royal Bank of Canada reaffirmed a “buy” rating and set a $45.00 price target on shares of TransUnion in a research note on Wednesday, April 26th. Finally, Cowen and Company lifted their price objective on shares of TransUnion from $42.00 to $44.00 and gave the company an “outperform” rating in a report on Wednesday, April 26th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $42.78.
Shares of TransUnion (NYSE:TRU) remained flat at $41.31 during midday trading on Friday. 301,210 shares of the company’s stock traded hands. The company’s 50-day moving average is $38.82 and its 200 day moving average is $34.37. The firm has a market cap of $7.54 billion, a price-to-earnings ratio of 45.25 and a beta of 0.38. TransUnion has a 12-month low of $28.92 and a 12-month high of $41.51.
In other news, Director Christopher Egan sold 163,472 shares of the business’s stock in a transaction dated Wednesday, February 22nd. The shares were sold at an average price of $36.57, for a total value of $5,978,171.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Sumit Rajpal purchased 1,057 shares of TransUnion stock in a transaction dated Tuesday, March 14th. The stock was acquired at an average price of $37.72 per share, with a total value of $39,870.04. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 22,429,994 shares of company stock valued at $849,504,994. Company insiders own 1.60% of the company’s stock.
Large investors have recently bought and sold shares of the stock. BlackRock Institutional Trust Company N.A. raised its stake in TransUnion by 40.4% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 2,125,568 shares of the business services provider’s stock valued at $73,332,000 after buying an additional 611,392 shares in the last quarter. BlackRock Group LTD raised its stake in TransUnion by 74.9% in the third quarter. BlackRock Group LTD now owns 68,428 shares of the business services provider’s stock valued at $2,360,000 after buying an additional 29,310 shares in the last quarter. Rhumbline Advisers raised its stake in TransUnion by 11.3% in the third quarter. Rhumbline Advisers now owns 51,887 shares of the business services provider’s stock valued at $1,790,000 after buying an additional 5,280 shares in the last quarter. TIAA CREF Investment Management LLC raised its stake in TransUnion by 64.0% in the third quarter. TIAA CREF Investment Management LLC now owns 441,123 shares of the business services provider’s stock valued at $15,219,000 after buying an additional 172,180 shares in the last quarter. Finally, BlackRock Inc. raised its stake in TransUnion by 188.2% in the third quarter. BlackRock Inc. now owns 39,905 shares of the business services provider’s stock valued at $1,376,000 after buying an additional 26,057 shares in the last quarter. Institutional investors and hedge funds own 99.18% of the company’s stock.
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TransUnion Company Profile
TransUnion is a risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decision capabilities to businesses. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive.
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