TransUnion (NYSE:TRU) Receives $75.14 Consensus PT from Brokerages

Shares of TransUnion (NYSE:TRU) have received a consensus rating of “Buy” from the fifteen brokerages that are presently covering the stock, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $75.14.

Several equities research analysts have recently commented on the stock. Deutsche Bank upped their price target on shares of TransUnion from $75.00 to $78.00 and gave the company a “buy” rating in a research report on Tuesday, July 2nd. ValuEngine raised shares of TransUnion from a “hold” rating to a “buy” rating in a research report on Tuesday, June 11th. Zacks Investment Research upgraded TransUnion from a “hold” rating to a “buy” rating and set a $70.00 price objective for the company in a research note on Wednesday, May 29th. Barclays reiterated a “buy” rating and set a $80.00 price objective on shares of TransUnion in a research note on Sunday, May 5th. Finally, BNP Paribas began coverage on TransUnion in a research note on Friday, March 15th. They set a “neutral” rating and a $66.00 price objective for the company.

NYSE TRU opened at $73.75 on Friday. TransUnion has a 52 week low of $52.15 and a 52 week high of $79.48. The stock has a market cap of $14.00 billion, a price-to-earnings ratio of 31.93, a P/E/G ratio of 3.13 and a beta of 1.00. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.90. The company’s 50-day simple moving average is $70.03.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Tuesday, April 23rd. The business services provider reported $0.60 EPS for the quarter, beating the Thomson Reuters’ consensus estimate 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 in the prior year, the firm earned $0.57 EPS. The business’s revenue for the quarter was up 16.0% compared to the same quarter last year. As a group, analysts forecast that TransUnion will post 2.39 EPS for the current fiscal year.

In other TransUnion news, CAO Timothy Elberfeld sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of $70.00, for a total value of $70,000.00. Following the completion of the transaction, the chief accounting officer now directly owns 13,062 shares in the company, valued at approximately $914,340. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John T. Danaher sold 4,318 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $65.54, for a total value of $283,001.72. Following the completion of the transaction, the executive vice president now owns 69,491 shares of the company’s stock, valued at $4,554,440.14. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 175,481 shares of company stock valued at $11,976,760. 0.92% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of TRU. Harel Insurance Investments & Financial Services Ltd. bought a new position in TransUnion in the 1st quarter worth approximately $80,000. Rockefeller Capital Management L.P. bought a new position in shares of TransUnion during the 1st quarter valued at approximately $122,000. Strs Ohio boosted its position in shares of TransUnion by 23.9% during the 1st quarter. Strs Ohio now owns 2,343 shares of the business services provider’s stock valued at $156,000 after acquiring an additional 452 shares during the last quarter. Starr International Co. Inc. bought a new position in shares of TransUnion during the 1st quarter valued at approximately $166,000. Finally, Gabelli Funds LLC bought a new position in shares of TransUnion during the 1st quarter valued at approximately $201,000.

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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Analyst Recommendations for TransUnion (NYSE:TRU)

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