The stock of TransUnion (NYSE:TRU) last traded at $81.29, up 2.94% from the previous session.
Data from the available sources indicates that TransUnion (NYSE:TRU) is covered by 20 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $98.00 and a low of $67.00, we find $85.00. Given the previous closing price of $78.97, this indicates a potential upside of 7.64 percent. TRU stock price is now 8.58% away from the 50-day moving average and 24.12% away from the 200-day moving average. The market capitalization of the company currently stands at $15.63B.
In total, 4 analysts have assigned it a hold rating, and 14 have given it a buy rating. Brokers who have rated the stock have averaged $85.16 as their price target over the next twelve months.
With the price target maintained at $84, Needham recently Upgraded its rating from Hold to Buy for TransUnion (NYSE: TRU).
In other news, Dhar Abhi, Former EVP, Chief Info & Tech sold 3,500 shares of the company’s stock on Jun 29. The stock was sold for $280,000 at an average price of $80.00. Upon completion of the transaction, the Former EVP, Chief Info & Tech now directly owns 69,702 shares in the company, valued at $5.67 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 22, President, US Markets & CI CHAOUKI STEVEN M sold 951 shares of the business’s stock. A total of $70,051 was realized by selling the stock at an average price of $73.66. This leaves the insider owning 62,372 shares of the company worth $5.07 million. Insiders disposed of 114,380 shares of company stock worth roughly $9.3 million over the past 1 year. A total of 0.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in TRU stock. A new stake in TransUnion shares was purchased by PLATINUM INVESTMENT MANAGEMENT LTD during the first quarter worth $159,701,000. PALESTRA CAPITAL MANAGEMENT LLC invested $92,509,000 in shares of TRU during the first quarter. In the first quarter, ARTEMIS INVESTMENT MANAGEMENT LLP acquired a new stake in TransUnion valued at approximately $33,303,000. POLAR ASSET MANAGEMENT PARTNERS INC. acquired a new stake in TRU for approximately $31,541,000. COPELAND CAPITAL MANAGEMENT, LLC purchased a new stake in TRU valued at around $28,447,000 in the second quarter. In total, there are 646 active investors with 98.70% ownership of the company’s stock.
With an opening price of $79.61 on Tuesday morning, TransUnion (NYSE: TRU) set off the trading day. During the past 12 months, TransUnion has had a low of $50.32 and a high of $88.83. As of last week, the company has a debt-to-equity ratio of 1.32, a current ratio of 1.60, and a quick ratio of 1.60. According to the stock market information, the enterprise value for the company is $20.74B, which is based on a 61.35 price-to-earnings ratio, a 5.70 price-to-earnings-growth ratio, and a beta of 1.37. The fifty day moving average price for TRU is $74.86 and a two-hundred day moving average price translates $65.49 for the stock.
The latest earnings results from TransUnion (NYSE: TRU) was released for Mar, 2023. According to the Consulting Services Company, earnings per share came in at $0.8, beating analysts’ expectations of $0.74 by 0.06. This compares to $0.00 EPS in the same period last year. The net profit margin was 7.30% and return on equity was 6.60% for TRU. The company reported revenue of $940.3 million for the quarter, compared to $921.3 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.06 percent. For the current quarter, analysts expect TRU to generate $957.62M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 06/02/2023. Investors who held shares on 05/19/2023 were paid a $0.105 dividend. On an annualized basis, this represents a $0.42 dividend and a 0.52% percent yield. There was an ex-dividend date of 05/18/2023 for this dividend. In terms of dividend payout ratio, TRU is presently at 28.80%.
TransUnion(TRU) Company Profile
TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates in three segments: U.S. Markets, International, and Consumer Interactive. 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. This segment serves various industry vertical markets, including financial services, technology, commerce and communications, insurance, media, services and collections, tenant and employment, and public sectors. The International segment offers credit reports, analytics, technology solutions, and other value-added risk management services; consumer services, which help consumers to manage their personal finances; consumer credit reporting, insurance and auto information solutions, and commercial credit information services. This segment serves customers in financial services, retail credit, insurance, automotive, collections, public sector, and communications industries through direct and indirect channels. The Consumer Interactive segment provides credit reports and scores, credit monitoring, identity protection and resolution, and financial management solutions that enable consumers to manage their personal finances and take precautions against identity theft. This segment offers its products through online and mobile interfaces, as well as through direct and indirect channels. The company serves customers in approximately 30 countries and territories, including North America, Latin America, Europe, Africa, India, and the Asia Pacific. The company was formerly known as TransUnion Holding Company, Inc. and changed its name to TransUnion in March 2015. TransUnion was founded in 1968 and is headquartered in Chicago, Illinois.
