Somewhat Favorable News Coverage Somewhat Unlikely to Impact TransUnion (TRU) Stock Price
Media coverage about TransUnion (NYSE:TRU) has been trending somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TransUnion earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 45.3043428523658 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news stories that may have impacted Accern’s analysis:
- Zacks: Brokerages Anticipate TransUnion (NYSE:TRU) Will Announce Quarterly Sales of $474.31 Million (americanbankingnews.com)
- TransUnion (NYSE:TRU) Receives Average Rating of “Buy” from Analysts (americanbankingnews.com)
- Earnings Review and Free Research Report: TransUnion’s EPS Rocketed 277.7% (finance.yahoo.com)
- VP and CAO of TransUnion (NYSE:TRU), Elberfeld Timothy, sells 902 shares worth $40,978 (empowerednews.net)
TransUnion (NYSE TRU) opened at 46.00 on Friday. The company has a market capitalization of $8.37 billion, a PE ratio of 39.59 and a beta of 0.61. The firm’s 50 day moving average price is $44.38 and its 200-day moving average price is $39.73. TransUnion has a 12-month low of $28.92 and a 12-month high of $46.53.
TransUnion (NYSE:TRU) last issued its quarterly earnings data on Tuesday, July 25th. The business services provider reported $0.47 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.03. The firm had revenue of $474.80 million for the quarter, compared to analyst estimates of $464.77 million. TransUnion had a return on equity of 20.32% and a net margin of 12.08%. The business’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same period last year, the company earned $0.37 EPS. On average, equities analysts anticipate that TransUnion will post $1.83 earnings per share for the current fiscal year.
Several brokerages recently commented on TRU. Morgan Stanley reiterated an “overweight” rating and issued a $50.00 target price (up from $47.00) on shares of TransUnion in a report on Wednesday, July 26th. TheStreet upgraded TransUnion from a “c” rating to a “b-” rating in a report on Monday, June 26th. Zacks Investment Research cut TransUnion from a “buy” rating to a “hold” rating in a report on Tuesday, April 18th. Deutsche Bank AG restated a “buy” rating and set a $47.00 price target (up from $45.00) on shares of TransUnion in a report on Saturday, April 29th. Finally, Barclays PLC restated an “overweight” rating and set a $48.00 price target (up from $45.00) on shares of TransUnion in a report on Friday, June 16th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. TransUnion presently has an average rating of “Buy” and a consensus target price of $46.75.
In other news, insider James M. Peck sold 75,658 shares of TransUnion stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of $45.46, for a total value of $3,439,412.68. Following the sale, the insider now directly owns 276,284 shares in the company, valued at approximately $12,559,870.64. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Timothy Elberfeld sold 902 shares of TransUnion stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of $45.43, for a total value of $40,977.86. Following the completion of the sale, the chief accounting officer now owns 15,423 shares in the company, valued at $700,666.89. The disclosure for this sale can be found here. Over the last quarter, insiders sold 86,560 shares of company stock worth $3,898,591. Corporate insiders own 2.10% of the company’s stock.
TransUnion Company Profile
TransUnion is a risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decision capabilities to businesses. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive.
Receive News & Ratings for TransUnion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransUnion and related companies with MarketBeat.com's FREE daily email newsletter.