TransUnion (NYSE:TRU) Updates FY22 Earnings Guidance

TransUnion (NYSE:TRUGet Rating) updated its FY22 earnings guidance on Tuesday. The company provided earnings per share guidance of $3.84-3.98 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.95. The company issued revenue guidance of $3.85-3.90 billion, compared to the consensus revenue estimate of $3.81 billion.TransUnion also updated its Q2 guidance to $0.96-0.99 EPS.

Several equities analysts recently weighed in on the company. Bank of America assumed coverage on TransUnion in a research report on Friday, March 11th. They set a buy rating on the stock. Barclays cut their price objective on TransUnion from $115.00 to $105.00 and set an overweight rating on the stock in a report on Friday. Cowen cut their price objective on TransUnion from $126.00 to $115.00 in a report on Wednesday, February 23rd. StockNews.com assumed coverage on TransUnion in a report on Thursday, March 31st. They issued a hold rating on the stock. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on TransUnion in a report on Tuesday, March 29th. They issued a buy rating and a $124.00 price objective on the stock. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of Buy and an average price target of $115.69.

TRU stock opened at $92.78 on Tuesday. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.94 and a current ratio of 1.94. TransUnion has a 1 year low of $83.47 and a 1 year high of $125.35. The firm has a market cap of $17.85 billion, a P/E ratio of 12.92, a price-to-earnings-growth ratio of 1.06 and a beta of 1.37. The stock has a 50-day simple moving average of $96.78 and a 200-day simple moving average of $106.38.

TransUnion (NYSE:TRUGet Rating) last posted its earnings results on Tuesday, February 22nd. The business services provider reported $0.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.10). TransUnion had a net margin of 44.73% and a return on equity of 20.58%. The company had revenue of $789.80 million during the quarter, compared to analyst estimates of $816.79 million. During the same quarter last year, the business posted $0.72 EPS. TransUnion’s quarterly revenue was up 20.9% compared to the same quarter last year. On average, equities research analysts predict that TransUnion will post 3.66 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 25th. Shareholders of record on Thursday, March 10th were paid a dividend of $0.095 per share. The ex-dividend date was Wednesday, March 9th. This represents a $0.38 dividend on an annualized basis and a yield of 0.41%. TransUnion’s dividend payout ratio (DPR) is presently 5.29%.

In other TransUnion news, Director Suzanne Patricia Clark acquired 277 shares of the stock in a transaction on Friday, February 25th. The stock was purchased at an average price of $90.35 per share, for a total transaction of $25,026.95. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Heather J. Russell sold 2,867 shares of the firm’s stock in a transaction that occurred 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. In the last 90 days, insiders have sold 6,515 shares of company stock valued at $583,714. 0.22% of the stock is owned by insiders.

Large investors have recently added to or reduced their stakes in the business. KB Financial Partners LLC bought a new position in TransUnion during the 4th quarter worth approximately $31,000. NEXT Financial Group Inc lifted its holdings in TransUnion by 40.7% during the 4th quarter. NEXT Financial Group Inc now owns 698 shares of the business services provider’s stock worth $83,000 after buying an additional 202 shares during the last quarter. Penserra Capital Management LLC lifted its holdings in TransUnion by 23.6% during the 4th quarter. Penserra Capital Management LLC now owns 849 shares of the business services provider’s stock worth $100,000 after buying an additional 162 shares during the last quarter. Virtu Financial LLC bought a new position in TransUnion during the 4th quarter worth approximately $300,000. Finally, Glenmede Trust Co. NA lifted its holdings in TransUnion by 29.7% during the 4th quarter. Glenmede Trust Co. NA now owns 2,684 shares of the business services provider’s stock worth $317,000 after buying an additional 615 shares during the last quarter. 97.07% of the stock is currently owned by institutional investors.

About TransUnion (Get Rating)

TransUnion provides risk and information solutions. The company operates in three segments: U.S. Markets, International, and Consumer Interactive. The U.S. Markets segment provides consumer reports, actionable insights, and analytics to 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 mitigate fraud risk.

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