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TransUnion (TRU) to Gain From Sontiq Buyout: Here's How

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·2-min read
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  • TRU
  • CRAI
  • CCRN
  • CAR

TransUnion TRU announced that it has completed the acquisition of Sontiq for $638 million.

Sontiq is a provider of digital identity protection and security services. The company offers solutions like identity monitoring, restoration, and response products and services to protect consumers and businesses against identity theft and cyber threats.

So far this year, shares of TransUnion have gained 10.3% compared with 8% growth of the industry it belongs to.

Zacks Investment Research
Zacks Investment Research

Image Source: Zacks Investment Research

How Will TransUnion Benefit?

Sontiq’s intelligent identity security platform complements TransUnion’s digital identity assets and solutions. The combination of TransUnion and Sontiq is likely to offer a comprehensive set of omnichannel solutions for consumers and businesses, and protect them against cyber threat. The combination should generate significant growth opportunities for TransUnion.

Chris Cartwright, president and CEO of TransUnion, stated, “Bringing the Sontiq family of products into TransUnion’s portfolio creates a best-in-class identity protection and cyber security platform that advances our focus on digital safety and security, providing a comprehensive set of tools for consumers and businesses to transact with greater certainty.”

Zacks Rank and Stocks to Consider

TransUnion currently carries a Zacks Rank #3 (Hold).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Some other top-ranked stocks in the broader Business Services sector are Avis Budget CAR and Cross Country Healthcare (CCRN), both sporting a Zacks Rank #1, and Charles River Associates (CRAI), carrying a Zacks Rank #2 (Buy).

Avis Budget has an expected earnings growth rate of 420.6% for the current year. The company has a trailing four-quarter earnings surprise of 76.9%, on average.

Avis Budget’s shares have surged 744.3% in the past year. The company has a long-term earnings growth of 18.8%.

Cross Country Healthcare has an expected earnings growth rate of 447.8% for the current year. The company has a trailing four-quarter earnings surprise of 75%, on average.

Cross Country Healthcare’s shares have surged 201% in the past year. The company has a long-term earnings growth of 21.5%.

Charles River Associates has an expected earnings growth rate of 61.2% for the current year. The company has a trailing four-quarter earnings surprise of 51%, on average.

Charles River’s shares have surged 119.3% in the past year. The company has a long-term earnings growth of 15.5%.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Charles River Associates (CRAI) : Free Stock Analysis Report

Avis Budget Group, Inc. (CAR) : Free Stock Analysis Report

Cross Country Healthcare, Inc. (CCRN) : Free Stock Analysis Report

TransUnion (TRU) : Free Stock Analysis Report

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Zacks Investment Research

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