$538.48 Million in Sales Expected for TransUnion (TRU) This Quarter

Analysts forecast that TransUnion (NYSE:TRU) will announce sales of $538.48 million for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for TransUnion’s earnings, with estimates ranging from $537.27 million to $540.00 million. TransUnion reported sales of $474.80 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 13.4%. The firm is scheduled to issue its next quarterly earnings results on Tuesday, July 24th.

According to Zacks, analysts expect that TransUnion will report full-year sales of $2.18 billion for the current fiscal year, with estimates ranging from $2.17 billion to $2.19 billion. For the next financial year, analysts forecast that the company will report sales of $2.35 billion per share, with estimates ranging from $2.31 billion to $2.39 billion. Zacks’ sales averages are a mean average based on a survey of research firms that follow TransUnion.

TransUnion (NYSE:TRU) last posted its quarterly earnings results on Friday, April 20th. The business services provider reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.07. TransUnion had a net margin of 22.41% and a return on equity of 20.95%. The company had revenue of $537.40 million for the quarter, compared to analyst estimates of $507.68 million. During the same quarter in the previous year, the firm posted $0.42 earnings per share. The company’s quarterly revenue was up 18.1% compared to the same quarter last year.

Several brokerages recently commented on TRU. Wells Fargo set a $65.00 price objective on shares of TransUnion and gave the company a “hold” rating in a research note on Monday, April 23rd. Zacks Investment Research raised shares of TransUnion from a “hold” rating to a “buy” rating and set a $75.00 price objective for the company in a research note on Tuesday, April 24th. Barclays boosted their price objective on shares of TransUnion from $65.00 to $75.00 and gave the company an “overweight” rating in a research note on Monday, April 23rd. Robert W. Baird boosted their price objective on shares of TransUnion from $65.00 to $74.00 and gave the company an “outperform” rating in a research note on Monday, April 23rd. Finally, SunTrust Banks boosted their price objective on shares of TransUnion from $64.00 to $78.00 and gave the company a “buy” rating in a research note on Monday, April 23rd. Two analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $66.64.

In other TransUnion news, EVP John T. Danaher sold 4,318 shares of the business’s stock in a transaction that occurred on Monday, April 30th. The shares were sold at an average price of $65.12, for a total value of $281,188.16. Following the completion of the transaction, the executive vice president now owns 49,491 shares of the company’s stock, valued at approximately $3,222,853.92. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider James M. Peck sold 209,500 shares of the business’s stock in a transaction that occurred on Friday, April 27th. The stock was sold at an average price of $64.64, for a total transaction of $13,542,080.00. Following the completion of the transaction, the insider now directly owns 467,127 shares of the company’s stock, valued at approximately $30,195,089.28. The disclosure for this sale can be found here. In the last three months, insiders sold 283,904 shares of company stock valued at $17,900,021. Corporate insiders own 2.10% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the business. New York State Teachers Retirement System grew its stake in TransUnion by 6.0% in the 1st quarter. New York State Teachers Retirement System now owns 14,200 shares of the business services provider’s stock worth $806,000 after buying an additional 800 shares in the last quarter. Public Employees Retirement Association of Colorado grew its stake in TransUnion by 3.6% in the 1st quarter. Public Employees Retirement Association of Colorado now owns 24,672 shares of the business services provider’s stock worth $1,401,000 after buying an additional 855 shares in the last quarter. US Bancorp DE grew its stake in TransUnion by 5.9% in the 1st quarter. US Bancorp DE now owns 17,334 shares of the business services provider’s stock worth $984,000 after buying an additional 964 shares in the last quarter. Great West Life Assurance Co. Can grew its stake in TransUnion by 2.1% in the 1st quarter. Great West Life Assurance Co. Can now owns 51,056 shares of the business services provider’s stock worth $2,900,000 after buying an additional 1,049 shares in the last quarter. Finally, Atlantic Trust Group LLC grew its stake in TransUnion by 0.4% in the 1st quarter. Atlantic Trust Group LLC now owns 279,477 shares of the business services provider’s stock worth $15,869,000 after buying an additional 1,096 shares in the last quarter.

Shares of TransUnion opened at $68.80 on Friday, Marketbeat reports. The company has a market cap of $12.65 billion, a P/E ratio of 40.23, a PEG ratio of 3.10 and a beta of 0.72. TransUnion has a 12 month low of $41.07 and a 12 month high of $69.69. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.61 and a quick ratio of 1.61.

The business also recently declared a special dividend, which will be paid on Thursday, June 7th. Shareholders of record on Wednesday, May 23rd will be paid a $0.075 dividend. The ex-dividend date is Tuesday, May 22nd.

About TransUnion

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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