FY2024 EPS Estimates for TransUnion Lowered by William Blair

TransUnion (NYSE:TRU) – Stock analysts at William Blair cut their FY2024 EPS estimates for TransUnion in a report released on Tuesday, January 21st. William Blair analyst A. Nicholas now anticipates that the business services provider will earn $3.30 per share for the year, down from their previous estimate of $3.31. The consensus estimate for TransUnion’s current full-year earnings is $3.44 per share. William Blair also issued estimates for TransUnion’s FY2025 earnings at $3.74 EPS.

Several other research firms also recently issued reports on TRU. UBS Group assumed coverage on shares of TransUnion in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $110.00 price target for the company. Wolfe Research upgraded shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price objective for the company in a report on Thursday, October 10th. Stifel Nicolaus upped their target price on shares of TransUnion from $103.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Jefferies Financial Group cut their price target on TransUnion from $125.00 to $115.00 and set a “buy” rating for the company in a research note on Wednesday, January 15th. Finally, Wells Fargo & Company lowered their price objective on TransUnion from $135.00 to $126.00 and set an “overweight” rating for the company in a research note on Friday, January 10th. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $108.19.

TransUnion Trading Down 0.4 %

NYSE TRU opened at $95.99 on Thursday. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.19. TransUnion has a 52 week low of $66.07 and a 52 week high of $113.17. The business has a 50 day moving average price of $95.95 and a 200-day moving average price of $95.97. The company has a market cap of $18.71 billion, a price-to-earnings ratio of 83.47, a P/E/G ratio of 1.16 and a beta of 1.62.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. TransUnion had a return on equity of 15.38% and a net margin of 5.47%. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the prior year, the business earned $0.80 EPS. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis.

Hedge Funds Weigh In On TransUnion

Several large investors have recently modified their holdings of TRU. Huntington National Bank grew its position in shares of TransUnion by 84.5% in the third quarter. Huntington National Bank now owns 286 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 131 shares in the last quarter. Versant Capital Management Inc boosted its stake in TransUnion by 82.1% in the 4th quarter. Versant Capital Management Inc now owns 428 shares of the business services provider’s stock worth $40,000 after purchasing an additional 193 shares during the period. Quarry LP grew its holdings in TransUnion by 963.0% during the 2nd quarter. Quarry LP now owns 574 shares of the business services provider’s stock valued at $43,000 after buying an additional 520 shares in the last quarter. Retirement Wealth Solutions LLC bought a new stake in shares of TransUnion during the fourth quarter valued at about $44,000. Finally, True Wealth Design LLC lifted its holdings in shares of TransUnion by 4,590.0% in the third quarter. True Wealth Design LLC now owns 469 shares of the business services provider’s stock worth $49,000 after buying an additional 459 shares in the last quarter.

Insider Activity at TransUnion

In other news, Director George M. Awad sold 12,000 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $100.00, for a total transaction of $1,200,000.00. Following the completion of the transaction, the director now owns 27,026 shares in the company, valued at approximately $2,702,600. This represents a 30.75 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $93.60, for a total value of $93,600.00. Following the completion of the sale, the insider now owns 59,488 shares in the company, valued at $5,568,076.80. This represents a 1.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 19,090 shares of company stock worth $1,916,758. 0.22% of the stock is owned by company insiders.

TransUnion Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Friday, November 22nd were issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date was Friday, November 22nd. TransUnion’s dividend payout ratio (DPR) is currently 36.52%.

TransUnion Company Profile

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.