The price of TransUnion (NYSE:TRU) shares last traded on Wall Street fell -7.06% to $46.23.
Based on available information, 20 analysts follow TransUnion (NYSE:TRU). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $105.00 and a low of $44.00, we find $69.50. Given the previous closing price of $49.74, this indicates a potential upside of 39.73 percent. TRU stock price is now -37.76% away from the 50-day moving average and -34.84% away from the 200-day moving average. The market capitalization of the company currently stands at $8.94B.
Among analysts, 4 rate the stock a hold while 14 rate it a buy. Brokers who have rated the stock have averaged $71.06 as their price target over the next twelve months.
In other news, CHAOUKI STEVEN M, President, US Markets & CI sold 1,276 shares of the company’s stock on Oct 02. The stock was sold for $91,145 at an average price of $71.43. Upon completion of the transaction, the President, US Markets & CI now directly owns 56,860 shares in the company, valued at $2.63 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 01, President, US Markets & CI CHAOUKI STEVEN M sold 1,277 shares of the business’s stock. A total of $104,791 was realized by selling the stock at an average price of $82.06. This leaves the insider owning 58,136 shares of the company worth $2.69 million. Insiders disposed of 137,230 shares of company stock worth roughly $6.34 million over the past 1 year. A total of 0.45% 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 MERITAGE GROUP LP during the first quarter worth $150,527,000. PARNASSUS INVESTMENTS, LLC invested $94,790,000 in shares of TRU during the first quarter. In the first quarter, MARATHON ASSET MANAGEMENT LTD acquired a new stake in TransUnion valued at approximately $27,966,000. AEGON ASSET MANAGEMENT UK PLC acquired a new stake in TRU for approximately $15,863,000. ADAGE CAPITAL PARTNERS GP, L.L.C. purchased a new stake in TRU valued at around $10,402,000 in the second quarter. In total, there are 664 active investors with 102.31% ownership of the company’s stock.
A candlestick chart of TransUnion (NYSE: TRU) showed a price of $48.02 on Wednesday morning. During the past 12 months, TransUnion has had a low of $46.47 and a high of $82.75. As of last week, the company has a debt-to-equity ratio of 1.39, a current ratio of 1.54, and a quick ratio of 1.54. The fifty day moving average price for TRU is $73.63 and a two-hundred day moving average price translates $70.87 for the stock.
The latest earnings results from TransUnion (NYSE: TRU) was released for Sep, 2023. According to the Consulting Services Company, earnings per share came in at $0.86, beating analysts’ expectations of $0.83 by 0.03. This compares to $0.01 EPS in the same period last year. The net profit margin was -6.73% and return on equity was -6.53% for TRU. The company reported revenue of $968.7 million for the quarter, compared to $938.2 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.25 percent. For the current quarter, analysts expect TRU to generate $982.27M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 09/07/2023. Investors who held shares on 08/23/2023 were paid a $0.105 dividend. On an annualized basis, this represents a $0.42 dividend and a 0.91% percent yield. There was an ex-dividend date of 08/22/2023 for this dividend. In terms of dividend payout ratio, TRU is presently at 29.54%.
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.
