TransUnion (NYSE:TRU) Issues Q4 2024 Earnings Guidance

TransUnion (NYSE:TRU) issued an update on its fourth quarter 2024 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.920-0.980 for the period, compared to the consensus EPS estimate of 0.970. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. TransUnion also updated its FY 2024 guidance to 3.870-3.930 EPS.

Analysts Set New Price Targets

Several research analysts have commented on TRU shares. Barclays lifted their price objective on shares of TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. UBS Group began coverage on TransUnion in a research report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 target price for the company. Morgan Stanley raised their price target on TransUnion from $96.00 to $103.00 and gave the stock an “overweight” rating in a research note on Thursday, September 12th. Royal Bank of Canada increased their price objective on TransUnion from $85.00 to $106.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Finally, Needham & Company LLC lowered shares of TransUnion from a “buy” rating to a “hold” rating in a research note on Wednesday, August 28th. Seven equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $98.71.

TransUnion Price Performance

Shares of TransUnion stock traded up $3.33 during trading hours on Wednesday, reaching $109.11. The stock had a trading volume of 1,367,691 shares, compared to its average volume of 1,576,663. TransUnion has a twelve month low of $42.09 and a twelve month high of $113.17. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 1.22. The firm has a market capitalization of $21.20 billion, a PE ratio of -83.29, a PEG ratio of 1.40 and a beta of 1.62. The stock’s 50 day moving average is $100.75 and its 200 day moving average is $85.20.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Thursday, July 25th. The business services provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.86 by $0.13. The company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.02 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The firm’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.76 EPS. Equities analysts expect that TransUnion will post 3.46 earnings per share for the current fiscal year.

TransUnion Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date of this dividend was Friday, August 23rd. TransUnion’s dividend payout ratio is presently -33.07%.

Insider Activity at TransUnion

In other TransUnion news, insider Todd C. Skinner sold 2,900 shares of TransUnion stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $85.58, for a total transaction of $248,182.00. Following the sale, the insider now owns 27,729 shares of the company’s stock, valued at $2,373,047.82. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, insider Todd C. Skinner sold 2,900 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $85.58, for a total value of $248,182.00. Following the completion of the sale, the insider now directly owns 27,729 shares in the company, valued at $2,373,047.82. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Steven M. Chaouki sold 1,000 shares of the business’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $90.14, for a total value of $90,140.00. Following the transaction, the insider now directly owns 69,547 shares in the company, valued at $6,268,966.58. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,715 shares of company stock valued at $1,299,729. 0.22% of the stock is owned by 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.