TransUnion (NYSE:TRU) Releases FY24 Earnings Guidance

TransUnion (NYSE:TRU) updated its FY24 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $3.69 to $3.86 for the period, compared to the consensus estimate of $3.74. The company issued revenue guidance of $4.023 billion to $4.083 billion, compared to the consensus revenue estimate of $4.02 billion. TransUnion also updated its FY 2024 guidance to 3.690-3.860 EPS.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on TRU shares. Robert W. Baird boosted their price objective on TransUnion from $87.00 to $94.00 and gave the company an outperform rating in a research note on Friday. JPMorgan Chase & Co. boosted their price objective on TransUnion from $69.00 to $84.00 and gave the company an overweight rating in a research note on Wednesday, February 14th. Truist Financial boosted their price objective on TransUnion from $65.00 to $75.00 and gave the company a hold rating in a research note on Wednesday, February 14th. Jefferies Financial Group boosted their price objective on TransUnion from $75.00 to $85.00 and gave the company a buy rating in a research note on Wednesday, January 17th. Finally, Morgan Stanley boosted their price objective on TransUnion from $87.00 to $90.00 and gave the company an overweight rating in a research note on Friday. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of Moderate Buy and an average target price of $83.60.

TransUnion Price Performance

TransUnion stock traded up $0.20 during midday trading on Friday, reaching $74.49. 1,873,347 shares of the company were exchanged, compared to its average volume of 1,905,408. The company has a market capitalization of $14.47 billion, a price-to-earnings ratio of -52.09, a P/E/G ratio of 1.15 and a beta of 1.61. The firm’s 50-day simple moving average is $76.32 and its 200-day simple moving average is $67.88. TransUnion has a 1 year low of $42.09 and a 1 year high of $82.75. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.47 and a current ratio of 1.47.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Thursday, April 25th. The business services provider reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.12. The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $977.62 million. TransUnion had a positive return on equity of 14.22% and a negative net margin of 7.02%. On average, analysts anticipate that TransUnion will post 3.31 EPS for the current year.

TransUnion Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Thursday, March 7th were issued a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.56%. The ex-dividend date of this dividend was Wednesday, March 6th. TransUnion’s dividend payout ratio (DPR) is -29.37%.

Insider Buying and Selling at TransUnion

In other news, EVP Timothy J. Martin sold 12,000 shares of TransUnion stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $78.59, for a total value of $943,080.00. Following the transaction, the executive vice president now directly owns 54,522 shares of the company’s stock, valued at approximately $4,284,883.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, EVP Richard Dane Mauldin sold 1,500 shares of TransUnion stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $78.10, for a total value of $117,150.00. Following the transaction, the executive vice president now directly owns 22,033 shares of the company’s stock, valued at approximately $1,720,777.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Timothy J. Martin sold 12,000 shares of TransUnion stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $78.59, for a total value of $943,080.00. Following the completion of the transaction, the executive vice president now directly owns 54,522 shares in the company, valued at $4,284,883.98. The disclosure for this sale can be found here. Insiders sold 15,275 shares of company stock worth $1,204,538 in the last 90 days. 0.22% of the stock is owned by company insiders.

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.