Somewhat Positive Media Coverage Somewhat Unlikely to Impact TransUnion (TRU) Share Price
Press coverage about TransUnion (NYSE:TRU) has been trending somewhat positive on Wednesday, Accern Sentiment reports. Accern scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. TransUnion earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 44.4108495580631 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- New lawsuits, gestures to customers in Equifax data breach (marketbeat.com)
- What’s The Difference Between Equifax, TransUnion And Experian? (feeds.benzinga.com)
- Equifax Breach: What To Do If Your Data Was Hacked (newson6.com)
- Equifax vows to improve breach response — too late? (cbsnews.com)
- Getting up to speed on the Equifax data breach scandal (marketbeat.com)
Several brokerages recently issued reports on TRU. Cowen and Company reissued a “buy” rating and issued a $48.00 price objective on shares of TransUnion in a research note on Thursday, September 7th. Deutsche Bank AG reissued a “buy” rating on shares of TransUnion in a research note on Friday, September 8th. Zacks Investment Research raised TransUnion from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a research note on Thursday, September 7th. SunTrust Banks, Inc. began coverage on TransUnion in a research note on Tuesday, September 5th. They issued a “buy” rating and a $54.00 price objective for the company. Finally, BidaskClub raised TransUnion from a “buy” rating to a “strong-buy” rating in a research note on Monday, August 14th. One investment analyst has rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $47.89.
Shares of TransUnion (TRU) opened at 47.72 on Wednesday. The stock has a market capitalization of $8.68 billion, a P/E ratio of 41.07 and a beta of 0.60. TransUnion has a 1-year low of $28.92 and a 1-year high of $48.65. The stock’s 50 day moving average price is $47.86 and its 200-day moving average price is $38.84.
TransUnion (NYSE:TRU) last posted its quarterly earnings data on Tuesday, July 25th. The business services provider reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.03. The company had revenue of $474.80 million during the quarter, compared to analysts’ expectations of $464.77 million. TransUnion had a return on equity of 20.32% and a net margin of 12.08%. TransUnion’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.37 earnings per share. Equities research analysts anticipate that TransUnion will post $1.83 EPS for the current fiscal year.
In related news, major shareholder Goldman Sachs Group Inc sold 13,734,177 shares of the company’s stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $45.60, for a total transaction of $626,278,471.20. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Timothy Elberfeld sold 902 shares of the company’s stock in a transaction dated Friday, July 28th. The stock was sold at an average price of $45.43, for a total value of $40,977.86. Following the sale, the chief accounting officer now owns 15,423 shares in the company, valued at approximately $700,666.89. The disclosure for this sale can be found here. Insiders have sold 14,086,719 shares of company stock valued at $642,437,522 over the last ninety days. 2.10% of the stock is owned by insiders.
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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.
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