TransUnion (NYSE:TRU) Updates Q4 2024 Earnings Guidance

TransUnion (NYSE:TRU) issued an update on its fourth quarter 2024 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.920-0.980 for the period, compared to the consensus earnings per share estimate of 0.970. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. TransUnion also updated its FY 2024 guidance to 3.870-3.930 EPS.

TransUnion Stock Down 2.8 %

TRU opened at $103.63 on Friday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.66 and a current ratio of 1.66. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $113.17. The firm’s fifty day moving average is $101.57 and its 200 day moving average is $85.69. The stock has a market cap of $20.12 billion, a price-to-earnings ratio of -72.47, a price-to-earnings-growth ratio of 1.38 and a beta of 1.62.

TransUnion (NYSE:TRU) last released its earnings results on Wednesday, October 23rd. The business services provider reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.06 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. TransUnion’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.80 EPS. On average, sell-side analysts forecast that TransUnion will post 3.46 earnings per share for the current fiscal year.

TransUnion Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were paid a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 0.41%. The ex-dividend date of this dividend was Friday, August 23rd. TransUnion’s payout ratio is currently -29.37%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Wells Fargo & Company boosted their price target on shares of TransUnion from $125.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday. Wolfe Research upgraded shares of TransUnion from a “peer perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a research note on Thursday, October 10th. Barclays boosted their price target on shares of TransUnion from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. Oppenheimer boosted their price target on shares of TransUnion from $118.00 to $122.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, UBS Group initiated coverage on shares of TransUnion in a research report on Tuesday, October 1st. They set a “neutral” rating and a $110.00 target price on the stock. Seven research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $104.53.

Insider Activity at TransUnion

In related news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $90.14, for a total transaction of $90,140.00. Following the transaction, the insider now directly owns 69,547 shares in the company, valued at approximately $6,268,966.58. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the company’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $90.14, for a total value of $90,140.00. Following the transaction, the insider now directly owns 69,547 shares in the company, valued at $6,268,966.58. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Todd C. Skinner sold 2,900 shares of the company’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $85.58, for a total transaction of $248,182.00. Following the completion of the transaction, the insider now owns 27,729 shares in the company, valued at $2,373,047.82. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 13,715 shares of company stock worth $1,299,729. Insiders own 0.22% of the company’s stock.

About TransUnion

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses 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.