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 earnings per share guidance of 0.920-0.980 for the period, compared to the consensus earnings per share 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 brokerages recently commented on TRU. Needham & Company LLC reissued a “hold” rating on shares of TransUnion in a research note on Thursday. Morgan Stanley raised their target price on TransUnion from $103.00 to $119.00 and gave the stock an “overweight” rating in a research report on Thursday. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $121.00 price objective on shares of TransUnion in a research note on Thursday. Barclays raised their target price on TransUnion from $80.00 to $105.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th. Finally, Wells Fargo & Company raised their price objective on TransUnion from $125.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday. Seven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $104.53.

TransUnion Stock Performance

Shares of NYSE TRU traded down $0.10 during trading on Friday, reaching $106.54. 373,608 shares of the stock traded hands, compared to its average volume of 1,582,753. The company has a 50-day moving average of $101.36 and a 200-day moving average of $85.52. TransUnion has a 52-week low of $42.09 and a 52-week high of $113.17. The stock has a market capitalization of $20.69 billion, a P/E ratio of -74.57, a price-to-earnings-growth ratio of 1.38 and a beta of 1.62. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66.

TransUnion (NYSE:TRU) last posted its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 EPS for the quarter, topping the consensus estimate of $1.01 by $0.03. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.06 billion. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The firm’s revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.80 earnings per share. Analysts forecast that TransUnion will post 3.46 EPS for the current fiscal year.

TransUnion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Friday, August 23rd were issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date of this dividend was Friday, August 23rd. TransUnion’s payout ratio is -29.37%.

Insider Buying and Selling at TransUnion

In other news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $90.14, for a total transaction of $90,140.00. Following the completion of the transaction, the insider now directly owns 69,547 shares of the company’s stock, valued at approximately $6,268,966.58. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other TransUnion news, EVP Timothy J. Martin sold 2,500 shares of the company’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $104.59, for a total value of $261,475.00. Following the completion of the transaction, the executive vice president now directly owns 46,739 shares in the company, valued at approximately $4,888,432.01. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $90.14, for a total transaction of $90,140.00. Following the completion of the transaction, the insider now directly owns 69,547 shares of the company’s stock, valued at approximately $6,268,966.58. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,715 shares of company stock worth $1,299,729 over the last ninety days. Insiders own 0.22% of the company’s stock.

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.