TransUnion (NYSE:TRU) Updates Q4 2024 Earnings Guidance

by · The Cerbat Gem

TransUnion (NYSE:TRU – Get Free Report) 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.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on TRU shares. Oppenheimer increased their price objective on shares of TransUnion from $97.00 to $118.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 8th. Morgan Stanley upped their price objective on TransUnion from $96.00 to $103.00 and gave the stock an “overweight” rating in a research report on Thursday, September 12th. Needham & Company LLC lowered TransUnion from a “buy” rating to a “hold” rating in a research report on Wednesday, August 28th. Royal Bank of Canada boosted their target price on TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a research note on Friday, July 26th. Finally, UBS Group assumed coverage on shares of TransUnion in a research note on Tuesday, October 1st. They set a “neutral” rating and a $110.00 price target for the company. Seven analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, TransUnion presently has a consensus rating of “Moderate Buy” and an average target price of $98.71.

Get Our Latest Report on TransUnion

TransUnion Stock Down 1.6 %

Shares of TRU opened at $105.78 on Wednesday. The firm has a market cap of $20.55 billion, a P/E ratio of -83.29, a price-to-earnings-growth ratio of 1.40 and a beta of 1.62. TransUnion has a 52 week low of $42.09 and a 52 week high of $108.56. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.66 and a current ratio of 1.66. The firm’s 50-day simple moving average is $100.75 and its 200 day simple moving average is $85.20.

TransUnion (NYSE:TRU – Get Free Report) last posted its quarterly earnings data on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.13. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same quarter in the prior year, the business posted $0.76 earnings per share. TransUnion’s revenue was up 7.5% compared to the same quarter last year. On average, analysts forecast that TransUnion will post 3.46 earnings per share for the current year.

TransUnion Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were given a dividend of $0.105 per share. The ex-dividend date was Friday, August 23rd. This represents a $0.42 annualized dividend and a yield of 0.40%. TransUnion’s dividend payout ratio is currently -33.07%.

Insiders Place Their Bets

In other news, EVP Timothy J. Martin sold 2,500 shares of TransUnion stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the transaction, the executive vice president now owns 46,739 shares in the company, valued at approximately $4,888,432.01. This trade 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 related news, EVP Timothy J. Martin sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $104.59, for a total value of $261,475.00. Following the sale, the executive vice president now directly owns 46,739 shares of the company’s stock, valued at $4,888,432.01. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Jennifer A. Williams sold 405 shares of the business’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $95.58, for a total value of $38,709.90. Following the transaction, the chief accounting officer now directly owns 7,186 shares of the company’s stock, valued at approximately $686,837.88. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,715 shares of company stock worth $1,299,729 over the last three months. Insiders own 0.22% of the company’s stock.

About TransUnion

(Get Free Report)

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.

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