Needham & Company LLC Upgrades TransUnion (NYSE:TRU) to Buy

Key Points

• TransUnion has been upgraded from a "hold" to a "buy" rating by Needham & Company LLC, with a target price of $115.00 indicating a potential upside of 33.15% from the current price.
• Currently, eleven analysts have a "buy" rating on TransUnion with an average target price of $112.64, reflecting positive sentiment despite some recent ratings being downgraded.
• TransUnion reported a quarterly earnings per share of $1.08, surpassing analyst expectations, and has set FY 2025 EPS guidance at 4.030-4.140.

Needham & Company LLC upgraded shares of TransUnion (NYSE:TRU - Free Report) from a hold rating to a buy rating in a research report report published on Wednesday, Marketbeat.com reports. The brokerage currently has $115.00 price target on the business services provider's stock.

Other analysts have also recently issued research reports about the stock. Oppenheimer increased their price objective on shares of TransUnion from $100.00 to $108.00 and gave the stock an "outperform" rating in a report on Tuesday, July 8th. 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 report on Friday, July 25th. BMO Capital Markets increased their price objective on shares of TransUnion from $115.00 to $118.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Wall Street Zen cut shares of TransUnion from a "buy" rating to a "hold" rating in a report on Sunday, August 3rd. Finally, UBS Group reaffirmed a "neutral" rating and issued a $105.00 price objective (up previously from $98.00) on shares of TransUnion in a report on Friday, July 25th. Eleven equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $112.64.

TransUnion Stock Performance

Shares of NYSE:TRU traded up $1.05 on Wednesday, reaching $90.07. 2,366,578 shares of the company's stock were exchanged, compared to its average volume of 1,631,844. The firm has a market capitalization of $17.54 billion, a price-to-earnings ratio of 45.03, a PEG ratio of 2.51 and a beta of 1.71. TransUnion has a fifty-two week low of $66.38 and a fifty-two week high of $113.17. The business's 50-day moving average is $91.26 and its two-hundred day moving average is $86.66. The company has a quick ratio of 2.02, a current ratio of 2.03 and a debt-to-equity ratio of 1.09.

TransUnion (NYSE:TRU - Get Free Report) last issued its earnings results on Thursday, July 24th. The business services provider reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.09. The company had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.10 billion. TransUnion had a net margin of 8.99% and a return on equity of 16.08%. The firm's revenue was up 9.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.99 earnings per share. TransUnion has set its FY 2025 guidance at 4.030-4.140 EPS. Q3 2025 guidance at 0.990-1.040 EPS. As a group, equities research analysts forecast that TransUnion will post 3.99 EPS for the current year.

TransUnion Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 8th. Shareholders of record on Friday, August 22nd will be paid a dividend of $0.115 per share. The ex-dividend date of this dividend is Friday, August 22nd. This represents a $0.46 annualized dividend and a yield of 0.5%. TransUnion's dividend payout ratio (DPR) is presently 23.00%.

Insider Activity

In other TransUnion news, insider Steven M. Chaouki sold 1,000 shares of the firm's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $87.14, for a total transaction of $87,140.00. Following the transaction, the insider owned 74,393 shares of the company's stock, valued at approximately $6,482,606.02. This trade represents a 1.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Jennifer A. Williams sold 972 shares of the firm's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $92.89, for a total transaction of $90,289.08. Following the transaction, the chief accounting officer directly owned 7,108 shares in the company, valued at approximately $660,262.12. The trade was a 12.03% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 4,972 shares of company stock worth $443,405. 0.22% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On TransUnion

Several hedge funds have recently made changes to their positions in TRU. Wellington Management Group LLP grew its stake in shares of TransUnion by 61.2% in the 1st quarter. Wellington Management Group LLP now owns 10,877,953 shares of the business services provider's stock worth $902,761,000 after purchasing an additional 4,128,104 shares during the last quarter. Independent Franchise Partners LLP grew its stake in shares of TransUnion by 119.5% in the 2nd quarter. Independent Franchise Partners LLP now owns 4,646,903 shares of the business services provider's stock worth $408,927,000 after purchasing an additional 2,530,335 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of TransUnion by 10.9% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 21,674,473 shares of the business services provider's stock worth $1,798,765,000 after purchasing an additional 2,134,342 shares during the last quarter. Norges Bank acquired a new position in shares of TransUnion in the 2nd quarter worth approximately $150,333,000. Finally, William Blair Investment Management LLC grew its stake in shares of TransUnion by 41.7% in the 2nd quarter. William Blair Investment Management LLC now owns 4,739,103 shares of the business services provider's stock worth $417,041,000 after purchasing an additional 1,394,813 shares during the last quarter.

TransUnion Company Profile

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.