TransUnion (NYSE:TRU) Releases FY 2022 Earnings Guidance

TransUnion (NYSE:TRUGet Rating) issued an update on its FY 2022 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $3.840-$4.000 for the period, compared to the Thomson Reuters consensus estimate of $3.980. The company issued revenue guidance of $3.75 billion-$3.81 billion, compared to the consensus revenue estimate of $3.80 billion.TransUnion also updated its FY 2025 guidance to $6.000-$ EPS.

Shares of TRU opened at $94.52 on Tuesday. The stock’s 50-day moving average is $98.56 and its two-hundred day moving average is $107.84. The stock has a market cap of $18.19 billion, a PE ratio of 13.16, a P/E/G ratio of 1.12 and a beta of 1.37. TransUnion has a 12 month low of $83.47 and a 12 month high of $125.35. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.94 and a quick ratio of 1.94.

TransUnion (NYSE:TRUGet Rating) last released its quarterly earnings results on Tuesday, February 22nd. The business services provider reported $0.81 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.83 by ($0.02). TransUnion had a return on equity of 20.58% and a net margin of 44.73%. The business had revenue of $789.80 million during the quarter, compared to analyst estimates of $816.79 million. During the same quarter last year, the firm posted $0.72 EPS. The company’s revenue was up 20.9% compared to the same quarter last year. On average, research analysts anticipate that TransUnion will post 3.64 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 25th. Investors of record on Thursday, March 10th were paid a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 0.40%. The ex-dividend date of this dividend was Wednesday, March 9th. TransUnion’s dividend payout ratio (DPR) is 5.29%.

Several research firms recently commented on TRU. TheStreet cut TransUnion from a b rating to a c+ rating in a research note on Monday, March 21st. Barclays cut their price objective on TransUnion from $125.00 to $115.00 and set an overweight rating on the stock in a research note on Thursday, March 17th. Deutsche Bank Aktiengesellschaft assumed coverage on TransUnion in a research note on Tuesday, March 29th. They set a buy rating and a $124.00 price objective on the stock. JPMorgan Chase & Co. cut their price objective on TransUnion from $140.00 to $124.00 and set an overweight rating on the stock in a research note on Wednesday, February 23rd. Finally, Cowen cut their price objective on TransUnion from $126.00 to $115.00 in a research note on Wednesday, February 23rd. Five research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, TransUnion has a consensus rating of Buy and an average target price of $117.31.

In other news, Director Suzanne Patricia Clark purchased 277 shares of the firm’s stock in a transaction on Friday, February 25th. The stock was purchased at an average cost of $90.35 per share, with a total value of $25,026.95. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Heather J. Russell sold 2,867 shares of the stock in a transaction on Tuesday, March 1st. The shares were sold at an average price of $90.76, for a total value of $260,208.92. The disclosure for this sale can be found here. Insiders sold a total of 6,515 shares of company stock valued at $583,714 over the last three months. Corporate insiders own 0.21% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. KB Financial Partners LLC purchased a new stake in shares of TransUnion in the fourth quarter valued at $31,000. NEXT Financial Group Inc lifted its holdings in shares of TransUnion by 40.7% in the fourth quarter. NEXT Financial Group Inc now owns 698 shares of the business services provider’s stock valued at $83,000 after purchasing an additional 202 shares in the last quarter. Penserra Capital Management LLC lifted its holdings in shares of TransUnion by 23.6% in the fourth quarter. Penserra Capital Management LLC now owns 849 shares of the business services provider’s stock valued at $100,000 after purchasing an additional 162 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of TransUnion in the fourth quarter valued at $300,000. Finally, Glenmede Trust Co. NA increased its stake in shares of TransUnion by 29.7% in the fourth quarter. Glenmede Trust Co. NA now owns 2,684 shares of the business services provider’s stock worth $317,000 after acquiring an additional 615 shares during the last quarter. Institutional investors own 97.07% of the company’s stock.

About TransUnion (Get Rating)

TransUnion engages in the provision of information and risk management solutions. It also provides consumer reports, risk scores, analytical services and decision making capabilities to businesses. The firm operates through the following segments: U.S. Markets, International, Consumer Interactive, and Corporate.

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