Brokerages Expect TransUnion (NYSE:TRU) Will Post Quarterly Sales of $644.75 Million
Brokerages forecast that TransUnion (NYSE:TRU) will announce sales of $644.75 million for the current quarter, Zacks Investment Research reports. Seven analysts have made estimates for TransUnion’s earnings. The highest sales estimate is $646.60 million and the lowest is $641.83 million. TransUnion posted sales of $563.10 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 14.5%. The business is scheduled to announce its next quarterly earnings results before the market opens on Tuesday, July 23rd.
On average, analysts expect that TransUnion will report full year sales of $2.61 billion for the current year, with estimates ranging from $2.60 billion to $2.62 billion. For the next year, analysts forecast that the company will post sales of $2.83 billion, with estimates ranging from $2.80 billion to $2.85 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that cover TransUnion.
TransUnion (NYSE:TRU) last posted its quarterly earnings data on Tuesday, April 23rd. The business services provider reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.07. TransUnion had a net margin of 11.43% and a return on equity of 22.63%. The firm had revenue of $623.50 million during the quarter, compared to analyst estimates of $618.38 million. During the same quarter last year, the business posted $0.57 EPS. The company’s revenue was up 16.0% on a year-over-year basis.
TransUnion stock traded up $0.58 during midday trading on Wednesday, reaching $74.33. The stock had a trading volume of 53,466 shares, compared to its average volume of 1,371,235. The firm has a fifty day moving average of $70.03. TransUnion has a twelve month low of $52.15 and a twelve month high of $79.48. The company has a debt-to-equity ratio of 1.90, a quick ratio of 1.64 and a current ratio of 1.64. The firm has a market cap of $14.00 billion, a price-to-earnings ratio of 32.27, a price-to-earnings-growth ratio of 3.13 and a beta of 1.00.
In other news, EVP John T. Danaher sold 4,318 shares of the firm’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of $65.54, for a total transaction of $283,001.72. Following the transaction, the executive vice president now owns 69,491 shares in the company, valued at approximately $4,554,440.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Timothy Elberfeld sold 1,000 shares of the firm’s stock in a transaction on Friday, April 12th. The shares were sold at an average price of $70.00, for a total transaction of $70,000.00. Following the transaction, the chief accounting officer now owns 13,062 shares in the company, valued at approximately $914,340. The disclosure for this sale can be found here. Insiders have sold a total of 175,481 shares of company stock valued at $11,976,760 in the last three months. Company insiders own 0.92% of the company’s stock.
Several institutional investors have recently added to or reduced their stakes in the company. Lunia Capital LP raised its holdings in TransUnion by 7,134.4% in the 4th quarter. Lunia Capital LP now owns 16,708,913 shares of the business services provider’s stock worth $16,709,000 after acquiring an additional 16,477,948 shares during the period. BlackRock Inc. raised its holdings in TransUnion by 30.9% in the 1st quarter. BlackRock Inc. now owns 13,323,169 shares of the business services provider’s stock worth $890,520,000 after acquiring an additional 3,143,801 shares during the period. Norges Bank bought a new position in TransUnion in the 4th quarter worth $132,399,000. Marshall Wace LLP bought a new position in TransUnion in the 1st quarter worth $87,405,000. Finally, Bodenholm Capital AB bought a new position in TransUnion in the 1st quarter worth $43,073,000.
TransUnion Company Profile
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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