$0.39 Earnings Per Share Expected for TransUnion (TRU) This Quarter

Analysts forecast that TransUnion (NYSE:TRU) will announce earnings of $0.39 per share for the current quarter, according to Zacks Investment Research. Six analysts have issued estimates for TransUnion’s earnings, with estimates ranging from $0.38 to $0.41. TransUnion reported earnings per share of $0.33 in the same quarter last year, which suggests a positive year-over-year growth rate of 18.2%. The business is scheduled to announce its next quarterly earnings results on Tuesday, July 25th.

On average, analysts expect that TransUnion will report full year earnings of $1.64 per share for the current year, with EPS estimates ranging from $1.61 to $1.66. For the next fiscal year, analysts forecast that the company will report earnings of $1.82 per share, with EPS estimates ranging from $1.69 to $1.87. Zacks’ EPS averages are a mean average based on a survey of research firms that cover TransUnion.

TransUnion (NYSE:TRU) last announced its earnings results on Tuesday, April 25th. The business services provider reported $0.42 EPS for the quarter, topping the 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 net margin of 9.71% and a return on equity of 19.14%. The business’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period last year, the company posted $0.32 EPS.

Several equities analysts have issued reports on TRU shares. Zacks Investment Research lowered TransUnion from a “buy” rating to a “hold” rating in a research note on Monday, May 1st. Royal Bank Of Canada reissued a “buy” rating and issued a $45.00 price target on shares of TransUnion in a research note on Wednesday, April 26th. Cowen and Company boosted their price target on TransUnion from $42.00 to $44.00 and gave the company an “outperform” rating in a research note on Wednesday, April 26th. Barclays PLC reissued a “buy” rating and issued a $45.00 price target on shares of TransUnion in a research note on Thursday, April 27th. Finally, Deutsche Bank AG reissued a “buy” rating and issued a $47.00 price target (up from $45.00) on shares of TransUnion in a research note on Saturday, April 29th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $44.00.

In other news, major shareholder International Corp/Ma Advent sold 11,027,445 shares of the company’s stock in a transaction that occurred on Tuesday, May 2nd. The stock was sold at an average price of $39.15, for a total transaction of $431,724,471.75. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John W. Blenke sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, April 17th. The stock was sold at an average price of $38.20, for a total value of $382,000.00. Following the transaction, the executive vice president now directly owns 134,717 shares in the company, valued at $5,146,189.40. The disclosure for this sale can be found here. Insiders have sold 11,337,475 shares of company stock worth $443,873,273 over the last ninety days. 2.10% of the stock is owned by insiders.

Several institutional investors have recently modified their holdings of the company. Pacad Investment Ltd. raised its position in shares of TransUnion by 1.8% in the fourth quarter. Pacad Investment Ltd. now owns 12,933 shares of the business services provider’s stock worth $400,000 after buying an additional 233 shares during the last quarter. Putnam Investments LLC raised its position in shares of TransUnion by 0.4% in the fourth quarter. Putnam Investments LLC now owns 66,777 shares of the business services provider’s stock worth $2,066,000 after buying an additional 263 shares during the last quarter. State Board of Administration of Florida Retirement System raised its position in shares of TransUnion by 1.9% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 18,646 shares of the business services provider’s stock worth $577,000 after buying an additional 345 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of TransUnion by 10.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,220 shares of the business services provider’s stock worth $193,000 after buying an additional 609 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV raised its position in shares of TransUnion by 6.2% in the first quarter. Massmutual Trust Co. FSB ADV now owns 11,877 shares of the business services provider’s stock worth $455,000 after buying an additional 698 shares during the last quarter.

Shares of TransUnion (NYSE TRU) traded down 0.18% during mid-day trading on Thursday, reaching $43.69. 726,793 shares of the company’s stock traded hands. The company has a 50 day moving average of $42.34 and a 200 day moving average of $36.93. TransUnion has a 12 month low of $28.92 and a 12 month high of $44.41. The company has a market cap of $7.98 billion, a price-to-earnings ratio of 47.85 and a beta of 0.59.

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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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