What’s Next for TransUnion (TRU) After Reaching 52-Week High?

July 13, 2018 - By Russell Jones

TransUnion (NYSE:TRU) Logo

The stock of TransUnion (NYSE:TRU) hit a new 52-week high and has $80.46 target or 8.00 % above today’s $74.50 share price. The 9 months bullish chart indicates low risk for the $13.71B company. The 1-year high was reported on Jul, 13 by Barchart.com. If the $80.46 price target is reached, the company will be worth $1.10B more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 0.44% or $0.33 during the last trading session, reaching $74.5. About 175,407 shares traded. TransUnion (NYSE:TRU) has risen 59.70% since July 13, 2017 and is uptrending. It has outperformed by 47.13% the S&P500.

Analysts await TransUnion (NYSE:TRU) to report earnings on July, 24 before the open. They expect $0.55 earnings per share, up 27.91 % or $0.12 from last year’s $0.43 per share. TRU’s profit will be $101.20M for 33.86 P/E if the $0.55 EPS becomes a reality. After $0.53 actual earnings per share reported by TransUnion for the previous quarter, Wall Street now forecasts 3.77 % EPS growth.

TransUnion (NYSE:TRU) Ratings Coverage

Among 10 analysts covering TransUnion (NYSE:TRU), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. TransUnion has $85 highest and $57 lowest target. $72.56’s average target is -2.60% below currents $74.5 stock price. TransUnion had 17 analyst reports since January 18, 2018 according to SRatingsIntel. As per Tuesday, February 13, the company rating was maintained by Cowen & Co. The firm earned “Buy” rating on Monday, April 23 by Stifel Nicolaus. The stock of TransUnion (NYSE:TRU) has “Buy” rating given on Wednesday, February 14 by Stifel Nicolaus. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, January 31. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, February 14. The rating was maintained by Wells Fargo on Monday, April 23 with “Hold”. The company was maintained on Sunday, April 22 by SunTrust. The stock of TransUnion (NYSE:TRU) earned “Buy” rating by Bank of America on Thursday, January 18. The stock has “Buy” rating by Robert W. Baird on Sunday, April 22. As per Friday, April 20, the company rating was maintained by Stifel Nicolaus.

More important recent TransUnion (NYSE:TRU) news were published by: Globenewswire.com which released: “TransUnion Healthcare’s Insurance Discovery Solution Recognized by KLAS” on June 14, 2018, also Globenewswire.com published article titled: “TransUnion Appoints Robert E. Beauchamp to its Board of Directors”, Globenewswire.com published: “TransUnion Completes Acquisition of Callcredit” on June 19, 2018. More interesting news about TransUnion (NYSE:TRU) was released by: Globenewswire.com and their article: “TransUnion Completes Acquisition of iovation” with publication date: July 02, 2018.

TransUnion provides risk and information solutions. The company has market cap of $13.71 billion. The firm operates in three divisions: U.S. It has a 31.43 P/E ratio. Information Services , International, and Consumer Interactive.

TransUnion (NYSE:TRU) Ratings Chart

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