Equities research analysts expect TransUnion (NYSE:TRU) to report sales of $643.54 million for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have made estimates for TransUnion’s earnings. The lowest sales estimate is $635.50 million and the highest is $646.60 million. TransUnion reported sales of $563.10 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 14.3%. The company is scheduled to announce its next quarterly earnings report on Tuesday, July 23rd.
According to Zacks, analysts expect that TransUnion will report full-year sales of $2.61 billion for the current year, with estimates ranging from $2.59 billion to $2.62 billion. For the next year, analysts expect that the business will report sales of $2.83 billion, with estimates ranging from $2.80 billion to $2.85 billion. Zacks’ sales averages are an average based on a survey of research firms that that provide coverage for TransUnion.
TransUnion (NYSE:TRU) last posted its quarterly earnings results on Tuesday, April 23rd. The business services provider reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.07. The company had revenue of $623.50 million for the quarter, compared to analyst estimates of $618.38 million. TransUnion had a return on equity of 22.63% and a net margin of 11.43%. TransUnion’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.57 EPS.
TRU stock opened at $64.69 on Friday. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.90. The stock has a market capitalization of $12.03 billion, a price-to-earnings ratio of 28.00, a P/E/G ratio of 3.88 and a beta of 0.94. TransUnion has a 1 year low of $52.15 and a 1 year high of $79.48.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Thursday, May 23rd will be issued a $0.075 dividend. The ex-dividend date is Wednesday, May 22nd. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.46%. TransUnion’s payout ratio is currently 12.99%.
In related news, EVP John T. Danaher sold 4,318 shares of the firm’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $65.54, for a total transaction of $283,001.72. Following the transaction, the executive vice president now owns 69,491 shares in the company, valued at approximately $4,554,440.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider James M. Peck sold 2,327 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider now owns 335,243 shares in the company, valued at approximately $21,502,486.02. The disclosure for this sale can be found here. In the last quarter, insiders sold 378,511 shares of company stock worth $25,042,932. Company insiders own 0.92% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in TRU. Lunia Capital LP grew its stake in TransUnion by 7,134.4% during the 4th quarter. Lunia Capital LP now owns 16,708,913 shares of the business services provider’s stock worth $16,709,000 after buying an additional 16,477,948 shares during the last quarter. BlackRock Inc. grew its stake in TransUnion by 30.9% during the 1st quarter. BlackRock Inc. now owns 13,323,169 shares of the business services provider’s stock worth $890,520,000 after buying an additional 3,143,801 shares during the last quarter. Norges Bank purchased a new position in TransUnion during the 4th quarter worth approximately $132,399,000. Marshall Wace LLP purchased a new position in TransUnion during the 1st quarter worth approximately $87,405,000. Finally, Investec Asset Management LTD grew its stake in TransUnion by 51.5% during the 4th quarter. Investec Asset Management LTD now owns 3,418,486 shares of the business services provider’s stock worth $194,170,000 after buying an additional 1,161,718 shares during the last quarter.
TransUnion Company Profile
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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