TransUnion (NYSE:TRU) Price Target Cut to $83.00 by Analysts at The Goldman Sachs Group

Key Points

• The Goldman Sachs Group has reduced its price target for TransUnion's stock from $96.00 to $83.00, while maintaining a "neutral" rating on the stock.
• TransUnion's stock fell 9.6% during trading, reaching $74.36, with the company experiencing a significant trading volume of over 12 million shares.
• Despite the recent downgrade, the consensus among analysts remains a "Moderate Buy" rating with an average target price of $110.79.

TransUnion (NYSE:TRU - Get Free Report) had its target price dropped by The Goldman Sachs Group from $96.00 to $83.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has a "neutral" rating on the business services provider's stock. The Goldman Sachs Group's target price would suggest a potential upside of 11.62% from the stock's previous close.

Several other research firms have also commented on TRU. UBS Group reaffirmed a "neutral" rating and issued a $105.00 price target (up from $98.00) on shares of TransUnion in a report on Friday, July 25th. Needham & Company LLC upgraded shares of TransUnion from a "hold" rating to a "buy" rating and set a $115.00 target price on the stock in a report on Wednesday, September 3rd. BMO Capital Markets raised their price objective on shares of TransUnion from $115.00 to $118.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Wells Fargo & Company dropped their price objective on shares of TransUnion from $124.00 to $118.00 and set an "overweight" rating on the stock in a research note on Friday, July 25th. Finally, Seaport Res Ptn upgraded shares of TransUnion to a "hold" rating in a research report on Wednesday. Eleven research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $110.79.

TransUnion Stock Down 9.6%

TransUnion stock traded down $7.90 during midday trading on Thursday, hitting $74.36. 12,278,329 shares of the stock were exchanged, compared to its average volume of 2,367,515. The company has a 50 day moving average price of $90.14 and a two-hundred day moving average price of $86.71. The firm has a market cap of $14.48 billion, a P/E ratio of 37.18, a P/E/G ratio of 2.35 and a beta of 1.72. TransUnion has a 1 year low of $66.38 and a 1 year high of $113.17. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.03 and a quick ratio of 2.02.

TransUnion (NYSE:TRU - Get Free Report) last released its earnings results on Thursday, July 24th. The business services provider reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.09. The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.10 billion. TransUnion had a net margin of 8.99% and a return on equity of 16.08%. The company's revenue was up 9.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.99 EPS. TransUnion has set its FY 2025 guidance at 4.030-4.140 EPS. Q3 2025 guidance at 0.990-1.040 EPS. On average, sell-side analysts predict that TransUnion will post 3.99 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CAO Jennifer A. Williams sold 755 shares of the company's stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $88.46, for a total value of $66,787.30. Following the transaction, the chief accounting officer directly owned 5,691 shares in the company, valued at approximately $503,425.86. This represents a 11.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Steven M. Chaouki sold 1,000 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $86.12, for a total transaction of $86,120.00. Following the sale, the insider owned 65,592 shares in the company, valued at $5,648,783.04. The trade was a 1.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,309 shares of company stock valued at $836,649. 0.22% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On TransUnion

A number of hedge funds have recently made changes to their positions in TRU. Wealth Enhancement Advisory Services LLC increased its stake in shares of TransUnion by 12.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,208 shares of the business services provider's stock valued at $1,410,000 after acquiring an additional 1,742 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of TransUnion by 6,742.5% in the 1st quarter. GAMMA Investing LLC now owns 74,857 shares of the business services provider's stock worth $6,212,000 after buying an additional 73,763 shares during the last quarter. Eagle Rock Investment Company LLC purchased a new position in shares of TransUnion in the 1st quarter worth about $423,000. Park Avenue Securities LLC lifted its stake in shares of TransUnion by 9.9% during the 1st quarter. Park Avenue Securities LLC now owns 7,038 shares of the business services provider's stock valued at $584,000 after buying an additional 633 shares in the last quarter. Finally, Toth Financial Advisory Corp boosted its holdings in shares of TransUnion by 4.5% in the first quarter. Toth Financial Advisory Corp now owns 79,851 shares of the business services provider's stock worth $6,627,000 after acquiring an additional 3,455 shares during the period.

About TransUnion

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses 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 mitigate fraud risk.

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