TransUnion (TRU) Updates Q1 Earnings Guidance

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TransUnion (NYSE:TRU) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided earnings per share guidance of $0.58-0.59 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.59. The company issued revenue guidance of $614-619 million, compared to the consensus revenue estimate of $617.25 million.TransUnion also updated its FY19 guidance to $2.57-2.63 EPS.

Shares of TRU stock opened at $65.44 on Thursday. TransUnion has a 1 year low of $52.15 and a 1 year high of $79.48. The firm has a market cap of $12.10 billion, a PE ratio of 28.33, a PEG ratio of 3.53 and a beta of 0.95. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.53 and a current ratio of 1.53.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Thursday, February 14th. The business services provider reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.09. The company had revenue of $624.00 million for the quarter, compared to analysts’ expectations of $622.98 million. TransUnion had a return on equity of 22.59% and a net margin of 11.93%. The firm’s revenue for the quarter was up 23.3% on a year-over-year basis. During the same period last year, the firm earned $0.50 EPS. As a group, research analysts expect that TransUnion will post 2.35 earnings per share for the current year.

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

TRU has been the topic of a number of recent research reports. Robert W. Baird restated a buy rating and issued a $73.00 target price on shares of TransUnion in a report on Friday, December 21st. Deutsche Bank decreased their target price on TransUnion from $87.00 to $55.00 and set a buy rating on the stock in a report on Monday, January 14th. Barclays restated a buy rating and issued a $72.00 target price on shares of TransUnion in a report on Thursday, January 10th. ValuEngine upgraded TransUnion from a hold rating to a buy rating in a report on Friday, February 22nd. Finally, Zacks Investment Research upgraded TransUnion from a sell rating to a hold rating in a report on Tuesday, February 12th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the company. TransUnion currently has a consensus rating of Buy and an average target price of $75.14.

In other news, insider James M. Peck sold 2,327 shares of the firm’s stock in a transaction on Tuesday, February 26th. The stock was sold at an average price of $64.14, for a total value of $149,253.78. Following the completion of the sale, the insider now owns 335,243 shares of the company’s stock, valued at $21,502,486.02. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Timothy Elberfeld sold 1,789 shares of the firm’s stock in a transaction on Thursday, February 28th. The stock was 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 directly owns 14,062 shares of the company’s stock, valued at approximately $914,030. The disclosure for this sale can be found here. In the last ninety days, insiders sold 204,041 shares of company stock valued at $13,184,093. 1.18% of the stock is currently 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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