TransUnion (TRU) Releases Earnings Results, Beats Estimates By $0.03 EPS

Paterniano Del Favero
Agosto 13, 2017

Morgan Stanley restated an "overweight" rating and issued a $47.00 price objective (up from $45.00) on shares of TransUnion in a research note on Tuesday, July 18th.

Several other brokerages have also weighed in on TRU. Zacks Investment Research raised TransUnion from a hold rating to a buy rating and set a $43.00 price objective for the company in a report on Tuesday, April 4th. TheStreet upgraded TransUnion from a "c" rating to a "b-" rating in a research note on Monday, June 26th. Deutsche Bank AG reissued a "buy" rating and issued a $47.00 price objective (up previously from $45.00) on shares of TransUnion in a research note on Saturday, April 29th. Finally, Cowen and Company lifted their price target on TransUnion from $42.00 to $44.00 and gave the company an "outperform" rating in a research report on Wednesday, April 26th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company's stock. The stock now has an average rating of "Buy" and an average price target of $46.75.

TransUnion (NYSE:TRU) traded up 0.15% on Tuesday, reaching $45.74. The company has a market cap of $8.37 billion, a price-to-earnings ratio of 39.59 and a beta of 0.61. TransUnion has a one year low of $28.92 and a one year high of $46.53. The company has a 50 day moving average of $44.81 and a 200-day moving average of $40.25.

TransUnion (NYSE:TRU) released its quarterly earnings data on Tuesday, July 25th. The company provided EPS guidance of 0.45-0.46 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.46. The firm had revenue of $474.80 million for the quarter, compared to analyst estimates of $464.77 million. TransUnion had a return on equity of 20.32% and a net margin of 12.08%. TransUnion's quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.37 EPS. Equities analysts expect that TransUnion will post $1.83 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: "Traders Sell Shares of TransUnion (TRU) on Strength (TRU)" was published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this news story on another domain, it was illegally copied and reposted in violation of USA and worldwide copyright & trademark legislation. The original version of this news story can be read at https://www.chaffeybreeze.com/2017/08/11/transunion-nysetru-receives-daily-news-sentiment-rating-of-0-14-updated-updated-updated.html. Following the transaction, the executive vice president now directly owns 114,717 shares in the company, valued at $4,797,464.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The stock was sold at an average price of $45.60, for a total value of $9,199,936.80. The disclosure for this sale can be found here. Following the transaction, the insider now directly owns 276,284 shares of the company's stock, valued at $12,559,870.64. Teacher Retirement System of Texas now owns 8,515 shares of the business services provider's stock worth $327,000 after buying an additional 1,094 shares in the last quarter.

Institutional investors have recently modified their holdings of the company. Teachers Advisors LLC boosted its stake in shares of TransUnion by 34.3% in the fourth quarter. Accern also assigned news coverage about the business services provider an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. State Board of Administration of Florida Retirement System increased its stake in shares of TransUnion by 1.9% in the fourth quarter. Bank of Montreal Can now owns 61,834 shares of the business services provider's stock worth $2,372,000 after buying an additional 54,334 shares in the last quarter. GSA Capital Partners LLP increased its position in shares of TransUnion by 17.4% in the fourth quarter. Massmutual Trust Co. FSB ADV increased its position in TransUnion by 6.2% in the first quarter. GSA Capital Partners LLP now owns 7,324 shares of the business services provider's stock valued at $227,000 after buying an additional 1,085 shares in the last quarter.

TransUnion is a risk and information solutions provider to businesses and consumers.

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