BofA Securities lifts TransUnion [TRU] price estimate. Who else is bullish?

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TransUnion [NYSE: TRU] loss -0.20% or -0.14 points to close at $69.63 with a heavy trading volume of 3386313 shares.

The daily chart for TRU points out that the company has recorded 3.31% gains over the past six months.

If we look at the average trading volume of 1.59M shares, TRU reached to a volume of 3386313 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about TransUnion [TRU]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TRU shares is $87.56 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TRU stock is a recommendation set at 1.55. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for TransUnion shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 01, 2024. While these analysts kept the previous recommendation, Oppenheimer raised their target price to Outperform. The new note on the price target was released on December 19, 2023, representing the official price target for TransUnion stock. On October 25, 2023, analysts decreased their price target for TRU shares from 95 to 44.

The Average True Range (ATR) for TransUnion is set at 2.24, with the Price to Sales ratio for TRU stock in the period of the last 12 months amounting to 3.53. The Price to Book ratio for the last quarter was 3.37, with the Price to Cash per share for the same quarter was set at 2.47. Price to Free Cash Flow for TRU in the course of the last twelve months was 40.81 with Quick ratio for the last quarter at 1.47.

Trading performance analysis for TRU stock

TransUnion [TRU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.81. With this latest performance, TRU shares dropped by -10.55% in over the last four-week period, additionally plugging by 3.31% over the last 6 months – not to mention a rise of 9.77% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TRU stock in for the last two-week period is set at 29.74, with the RSI for the last a single of trading hit 21.44, and the three-weeks RSI is set at 36.32 for TransUnion [TRU]. The present Moving Average for the last 50 days of trading for this stock 76.43, while it was recorded at 72.15 for the last single week of trading, and 71.15 for the last 200 days.

TransUnion [TRU]: A deeper dive into fundamental analysis

TransUnion’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.47 and a Current Ratio set at 1.47.

TransUnion [TRU]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TRU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for TransUnion go to 14.30%.

An analysis of Institutional ownership at TransUnion [TRU]

The top three institutional holders of TRU stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in TRU stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in TRU stock with ownership which is approximately 5.8386%.