TransUnion (TRU) Releases FY19 Earnings Guidance

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TransUnion (NYSE:TRU) updated its FY19 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $2.57-2.63 for the period, compared to the Thomson Reuters consensus estimate of $2.63. The company issued revenue guidance of $2.59-2.61 billion, compared to the consensus revenue estimate of $2.61 billion.TransUnion also updated its Q1 guidance to $0.58-0.59 EPS.

TRU has been the topic of several recent analyst reports. ValuEngine upgraded shares of TransUnion from a hold rating to a buy rating in a report on Friday, February 22nd. Zacks Investment Research downgraded shares of TransUnion from a hold rating to a sell rating in a report on Wednesday, February 20th. Credit Suisse Group initiated coverage on shares of TransUnion in a report on Friday, December 7th. They set a neutral rating and a $70.00 price objective on the stock. Barclays restated a buy rating and set a $72.00 price objective on shares of TransUnion in a report on Thursday, January 10th. Finally, Deutsche Bank cut their price objective on shares of TransUnion from $87.00 to $55.00 and set a buy rating on the stock in a report on Monday, January 14th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and eleven have issued a buy rating to the company. The company presently has a consensus rating of Buy and an average target price of $75.14.

TRU opened at $65.03 on Wednesday. TransUnion has a 52-week low of $52.15 and a 52-week high of $79.48. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.53 and a current ratio of 1.53. The stock has a market cap of $11.94 billion, a PE ratio of 28.15, a P/E/G ratio of 3.45 and a beta of 0.94.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Thursday, February 14th. The business services provider reported $0.66 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.57 by $0.09. The firm had revenue of $624.00 million for the quarter, compared to the consensus estimate of $622.98 million. TransUnion had a net margin of 11.93% and a return on equity of 22.59%. The company’s revenue for the quarter was up 23.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.50 earnings per share. On average, analysts anticipate that TransUnion will post 2.35 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 22nd. Investors of record on Thursday, March 7th will be given a $0.075 dividend. The ex-dividend date is Wednesday, March 6th. This represents a $0.30 dividend on an annualized basis and a yield of 0.46%. TransUnion’s dividend payout ratio is currently 12.99%.

In related news, EVP David M. Neenan sold 29,322 shares of the company’s stock in a transaction that occurred on Thursday, December 13th. The stock was sold at an average price of $61.02, for a total value of $1,789,228.44. Following the sale, the executive vice president now owns 153,029 shares in the company, valued at $9,337,829.58. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Timothy Elberfeld sold 1,789 shares of the company’s stock in a transaction that occurred on Thursday, February 28th. The shares were sold at an average price of $65.00, for a total value of $116,285.00. Following the completion of the sale, the chief accounting officer now owns 14,062 shares in the company, valued at approximately $914,030. The disclosure for this sale can be found here. In the last quarter, insiders sold 233,363 shares of company stock worth $14,973,322. 1.18% of the stock is owned by insiders.

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About TransUnion

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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