In the digital age, information is king. TransUnion is among the leading providers of business data. And, in a welcome move, the Relative Strength Rating for TransUnion (TRU) climbed to 74 Thursday, up from 70 the prior trading session. TransUnion stock rose 1.5% Thursday afternoon to 114.43, and is in buying range.
The 74 RS Rating means TransUnion stock has outperformed 74% of all stocks, regardless of industry group, over the past year. TransUnion is one of the Big 3 consumer credit reporting agencies, and holds information on 1 billion consumers. Its stock has more than doubled from a coronavirus market crash low of 52.50 in late March 2020 to above 114.
Other Key TransUnion Stock Ratings
Research shows that the market’s biggest winners often have an RS Rating north of 80 as they launch their largest climbs. See if Chicago-based TransUnion can continue to show renewed price strength and hit that benchmark.
Among other key ratings, TransUnion has an 87 EPS Rating, putting it in the top 13% of all companies in terms of recent quarters and long-term profit growth. And its Composite Rating is a powerful 95.
The IBD Composite Rating helps investors easily measure the quality of a stock’s fundamental and technical metrics. The best growth stocks have a Composite Rating of 90 or better.
In terms of top and bottom line numbers, TransUnion has posted rising EPS growth in each of the last three reports. Top line growth has also moved higher over the same time frame. TransUnion plans to report its second quarter numbers early on July 27.
TransUnion stock is still within a buying range after climbing above a 110.52 buy point in a flat base. Once a stock moves 5% or higher beyond the initial entry, it’s considered extended and out of buy range.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD’s proprietary rating tracks price action with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
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