TransUnion
TRU: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$179.00 | Xsmp | Mwpdcwqfgz |
Modest Softness in TransUnion’s Third Quarter
TransUnion reported an okay third quarter. Revenue grew 1% on organic constant currency basis or 5% excluding mortgage. Revenue of $938 million missed the FactSet consensus by about 1% while adjusted EBITDA was roughly in line with consensus. We will maintain our $98 fair value estimate and view shares of wide-moat-rated TransUnion as attractive.