TransUnion (TRU) was Initiated by Robert W. Baird to “Outperform” and the brokerage firm has set the Price Target at $36. Robert W. Baird advised their investors in a research report released on May 26, 2016.
Many Wall Street Analysts have commented on TransUnion. Company shares were Reiterated by RBC Capital Mkts on Apr 27, 2016 to “Outperform”, Firm has raised the Price Target to $ 32 from a previous price target of $30 .Company shares were Reiterated by RBC Capital Mkts on Apr 26, 2016 to “Outperform”, Firm has raised the Price Target to $ 30 from a previous price target of $29 .Company shares were Reiterated by Stifel on Apr 14, 2016 to “Buy”, Firm has raised the Price Target to $ 31 from a previous price target of $29 .
On the company’s financial health, TransUnion reported $0.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.26. The company had revenue of $406.00 million for the quarter, compared to analysts expectations of $379.96 million. The company’s revenue was up 15.0% compared to the same quarter last year.
TransUnion opened for trading at $32.74 and hit $32.86 on the upside on Wednesday, eventually ending the session at $32.75, with a gain of 0.89% or 0.29 points. The heightened volatility saw the trading volume jump to 7,34,969 shares. Company has a market cap of $5,976 M.
In a different news, on May 18, 2016, David M Neenan (EVP – International) sold 38,764 shares at $31.36 per share price. According to the SEC, on May 18, 2016, Samuel A Hamood (EVP & CFO) sold 25,228 shares at $31.36 per share price. On May 18, 2016, John W Blenke (EVP, CORP GC & Asst Secretary) sold 6,000 shares at $31.36 per share price, according to the Form-4 filing with the securities and exchange commission.
TransUnion formerly TransUnion Holding Company Inc. is a risk and information solutions provider to businesses and consumers. The Company manages its business in three segments: U.S. Information Services (USIS) International and Consumer Interactive. USIS segment provides consumer reports risk scores analytical services and decisioning capabilities to businesses. Its International segment includes Developed Markets which include Canada and Hong Kong and Emerging Markets which include South Africa Brazil India and other countries in the Africa Latin America and Asia Pacific regions. Consumer Interactive segment include credit reports and scores credit monitoring fraud protection and resolution and financial management. The Company’s solutions include AdSurety CreditVision Insurance Coverage Discovery and TLOxp. It has a global presence in over 30 countries across North America Africa Latin America and Asia.