TransUnion (NYSE:TRU – Get Free Report) issued its quarterly earnings results on Wednesday. The business services provider reported $1.04 EPS for the quarter, topping the consensus estimate of $1.01 by $0.03, Briefing.com reports. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.06 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. TransUnion’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.80 earnings per share.
TransUnion Stock Performance
Shares of TRU stock traded down $2.03 during midday trading on Thursday, hitting $106.64. 2,081,071 shares of the company were exchanged, compared to its average volume of 1,588,623. TransUnion has a 52 week low of $42.09 and a 52 week high of $113.17. The firm has a market capitalization of $20.71 billion, a P/E ratio of -74.57, a PEG ratio of 1.38 and a beta of 1.62. The firm’s 50 day moving average price is $101.36 and its two-hundred day moving average price is $85.52. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.66 and a current ratio of 1.66.
TransUnion Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 0.39%. The ex-dividend date of this dividend was Friday, August 23rd. TransUnion’s dividend payout ratio is -29.37%.
Insider Activity
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the stock. The Goldman Sachs Group raised their price objective on shares of TransUnion from $97.00 to $109.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. UBS Group began coverage on TransUnion in a report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price objective for the company. Wells Fargo & Company raised their price target on TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday. Robert W. Baird boosted their price target on TransUnion from $104.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Wolfe Research raised shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 target price for the company in a research report on Thursday, October 10th. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $104.53.
View Our Latest Stock Analysis on TransUnion
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.
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