Zacks: Brokerages Expect TransUnion (NYSE:TRU) Will Post Quarterly Sales of $683.64 Million
Equities analysts expect TransUnion (NYSE:TRU) to announce $683.64 million in sales for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for TransUnion’s earnings, with the lowest sales estimate coming in at $680.00 million and the highest estimate coming in at $685.33 million. TransUnion posted sales of $619.30 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 10.4%. The business is expected to issue its next earnings report on Tuesday, April 28th.
On average, analysts expect that TransUnion will report full year sales of $2.87 billion for the current financial year, with estimates ranging from $2.86 billion to $2.89 billion. For the next fiscal year, analysts forecast that the company will post sales of $3.12 billion, with estimates ranging from $3.09 billion to $3.15 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that that provide coverage for TransUnion.
TransUnion (NYSE:TRU) last posted its earnings results on Tuesday, February 18th. The business services provider reported $0.75 EPS for the quarter, beating the consensus estimate of $0.70 by $0.05. TransUnion had a return on equity of 22.88% and a net margin of 13.06%. The firm had revenue of $686.00 million during the quarter, compared to the consensus estimate of $674.23 million. During the same period last year, the company earned $0.66 earnings per share. The business’s quarterly revenue was up 9.9% on a year-over-year basis.
Shares of TRU traded down $2.95 during mid-day trading on Friday, reaching $97.40. 1,655,774 shares of the company were exchanged, compared to its average volume of 1,250,003. TransUnion has a 52 week low of $62.51 and a 52 week high of $101.16. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.42 and a current ratio of 1.55. The stock has a market capitalization of $18.95 billion, a PE ratio of 53.81, a PEG ratio of 2.72 and a beta of 0.96. The business has a 50 day simple moving average of $93.50 and a two-hundred day simple moving average of $85.58.
In related news, EVP Steven M. Chaouki sold 13,661 shares of TransUnion stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $85.54, for a total transaction of $1,168,561.94. Following the transaction, the executive vice president now owns 54,673 shares of the company’s stock, valued at $4,676,728.42. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.92% of the stock is owned by insiders.
Several large investors have recently made changes to their positions in TRU. Royal Bank of Canada grew its holdings in TransUnion by 18.2% in the 2nd quarter. Royal Bank of Canada now owns 23,263 shares of the business services provider’s stock valued at $1,711,000 after buying an additional 3,574 shares in the last quarter. BlackRock Inc. grew its holdings in shares of TransUnion by 4.4% during the 2nd quarter. BlackRock Inc. now owns 13,913,336 shares of the business services provider’s stock worth $1,022,770,000 after purchasing an additional 590,167 shares in the last quarter. DNB Asset Management AS grew its holdings in shares of TransUnion by 18.8% during the 3rd quarter. DNB Asset Management AS now owns 34,383 shares of the business services provider’s stock worth $2,789,000 after purchasing an additional 5,434 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of TransUnion by 23.8% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 10,834 shares of the business services provider’s stock worth $878,000 after purchasing an additional 2,085 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. acquired a new stake in shares of TransUnion during the 3rd quarter worth $2,972,000. 97.90% of the stock is currently owned by institutional investors.
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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