TransUnion (NYSE:TRU) updated its second quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $0.64-0.66 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.66. The company issued revenue guidance of $642-647 million, compared to the consensus revenue estimate of $648.17 million.TransUnion also updated its FY 2019 guidance to $2.60-2.65 EPS.
A number of research firms have recently issued reports on TRU. Zacks Investment Research raised shares of TransUnion from a sell rating to a hold rating in a research note on Monday, April 22nd. ValuEngine downgraded shares of TransUnion from a buy rating to a hold rating in a research note on Monday. Deutsche Bank boosted their price target on shares of TransUnion from $69.00 to $75.00 and gave the company a buy rating in a research note on Wednesday, April 17th. Exane BNP Paribas initiated coverage on shares of TransUnion in a research note on Friday, March 15th. They set a neutral rating and a $66.00 target price on the stock. Finally, Barclays reaffirmed a buy rating and set a $80.00 target price on shares of TransUnion in a research note on Sunday, May 5th. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock has an average rating of Buy and a consensus price target of $75.40.
NYSE TRU traded down $0.48 on Friday, hitting $64.69. 1,019,400 shares of the stock were exchanged, compared to its average volume of 1,548,512. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.90. TransUnion has a fifty-two week low of $52.15 and a fifty-two week high of $79.48. The stock has a market capitalization of $12.03 billion, a PE ratio of 28.00, a price-to-earnings-growth ratio of 3.88 and a beta of 0.94.
The business also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Thursday, May 23rd will be issued a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 0.46%. The ex-dividend date of this dividend is Wednesday, May 22nd. TransUnion’s payout ratio is 12.99%.
In other news, EVP Christopher A. Cartwright sold 36,082 shares of the company’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $65.86, for a total value of $2,376,360.52. Following the completion of the transaction, the executive vice president now owns 209,625 shares in the company, valued at approximately $13,805,902.50. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider James M. Peck sold 2,327 shares of the company’s stock in a transaction on Tuesday, February 26th. The shares were sold at an average price of $64.14, for a total transaction of $149,253.78. Following the completion of the transaction, the insider now owns 335,243 shares of the company’s stock, valued at approximately $21,502,486.02. The disclosure for this sale can be found here. In the last 90 days, insiders sold 378,511 shares of company stock valued at $25,042,932. Company insiders own 0.92% of the company’s stock.
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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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