TransUnion (NYSE:TRU) Expected to Post Quarterly Sales of $676.19 Million
Equities analysts predict that TransUnion (NYSE:TRU) will post sales of $676.19 million for the current quarter, according to Zacks Investment Research. Seven analysts have issued estimates for TransUnion’s earnings, with the highest sales estimate coming in at $677.80 million and the lowest estimate coming in at $673.50 million. TransUnion reported sales of $603.60 million during the same quarter last year, which indicates a positive year-over-year growth rate of 12%. The business is scheduled to issue its next quarterly earnings results on Tuesday, October 22nd.
On average, analysts expect that TransUnion will report full year sales of $2.63 billion for the current financial year, with estimates ranging from $2.61 billion to $2.64 billion. For the next fiscal year, analysts anticipate that the company will report sales of $2.85 billion, with estimates ranging from $2.81 billion to $2.89 billion. Zacks’ sales averages are a mean average based on a survey of research firms that follow TransUnion.
TransUnion (NYSE:TRU) last released its quarterly earnings data on Tuesday, July 23rd. The business services provider reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.08. The business had revenue of $661.90 million during the quarter, compared to analyst estimates of $644.73 million. TransUnion had a net margin of 12.84% and a return on equity of 22.94%. TransUnion’s quarterly revenue was up 17.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.62 EPS.
In other TransUnion news, CAO Timothy Elberfeld sold 2,500 shares of the business’s stock in a transaction on Tuesday, July 23rd. The shares were sold at an average price of $80.00, for a total transaction of $200,000.00. Following the completion of the sale, the chief accounting officer now owns 8,242 shares in the company, valued at approximately $659,360. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP David E. Wojczynski sold 10,011 shares of the business’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of $71.06, for a total transaction of $711,381.66. Following the sale, the executive vice president now owns 44,395 shares of the company’s stock, valued at approximately $3,154,708.70. The disclosure for this sale can be found here. Insiders sold a total of 254,215 shares of company stock worth $20,967,347 in the last 90 days. Corporate insiders own 0.92% of the company’s stock.
Institutional investors and hedge funds have recently bought and sold shares of the stock. CSat Investment Advisory L.P. purchased a new stake in shares of TransUnion in the second quarter worth about $30,000. Cullen Frost Bankers Inc. grew its holdings in shares of TransUnion by 222.9% in the second quarter. Cullen Frost Bankers Inc. now owns 678 shares of the business services provider’s stock worth $50,000 after purchasing an additional 468 shares during the last quarter. CENTRAL TRUST Co bought a new position in shares of TransUnion in the second quarter worth approximately $54,000. Canada Pension Plan Investment Board lifted its stake in TransUnion by 3,276.7% in the second quarter. Canada Pension Plan Investment Board now owns 1,452 shares of the business services provider’s stock worth $107,000 after acquiring an additional 1,409 shares during the period. Finally, Rockefeller Capital Management L.P. purchased a new stake in TransUnion in the first quarter worth $122,000.
Shares of NYSE:TRU traded up $0.64 on Monday, hitting $80.47. 726,231 shares of the company were exchanged, compared to its average volume of 1,302,933. The firm has a market capitalization of $14.99 billion, a price-to-earnings ratio of 34.84, a PEG ratio of 3.38 and a beta of 1.00. The company’s 50 day moving average price is $82.80 and its two-hundred day moving average price is $72.20. TransUnion has a one year low of $52.15 and a one year high of $85.50. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.51 and a current ratio of 1.51.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Thursday, August 22nd were issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date was Wednesday, August 21st. TransUnion’s payout ratio is 12.99%.
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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