Shares of Equifax Inc. (NYSE:EFX – Get Free Report) have received an average rating of “Moderate Buy” from the seventeen research firms that are covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $270.19.
EFX has been the subject of several research analyst reports. Oppenheimer decreased their target price on Equifax from $291.00 to $272.00 and set an “outperform” rating for the company in a research report on Friday, April 19th. Robert W. Baird reduced their target price on Equifax from $275.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, April 19th. The Goldman Sachs Group reduced their target price on Equifax from $276.00 to $241.00 and set a “neutral” rating for the company in a report on Friday, April 19th. JPMorgan Chase & Co. reduced their target price on Equifax from $290.00 to $273.00 and set an “overweight” rating for the company in a report on Friday, April 19th. Finally, Bank of America reduced their target price on Equifax from $300.00 to $255.00 and set a “buy” rating for the company in a report on Friday, April 19th.
Read Our Latest Stock Analysis on Equifax
Insider Buying and Selling
Institutional Trading of Equifax
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Weitz Investment Management Inc. lifted its position in Equifax by 5.1% in the fourth quarter. Weitz Investment Management Inc. now owns 153,500 shares of the credit services provider’s stock valued at $37,959,000 after purchasing an additional 7,500 shares during the last quarter. Nomura Holdings Inc. bought a new stake in Equifax in the fourth quarter valued at approximately $917,000. New York State Common Retirement Fund lifted its position in Equifax by 2.7% in the fourth quarter. New York State Common Retirement Fund now owns 330,453 shares of the credit services provider’s stock valued at $81,718,000 after purchasing an additional 8,668 shares during the last quarter. Bridgefront Capital LLC bought a new stake in Equifax in the fourth quarter valued at approximately $1,274,000. Finally, BNP Paribas Financial Markets lifted its position in Equifax by 16.7% in the fourth quarter. BNP Paribas Financial Markets now owns 102,136 shares of the credit services provider’s stock valued at $25,257,000 after purchasing an additional 14,629 shares during the last quarter. Institutional investors own 96.20% of the company’s stock.
Equifax Price Performance
Shares of EFX opened at $240.41 on Thursday. Equifax has a 12-month low of $159.95 and a 12-month high of $275.10. The business’s fifty day moving average is $237.19 and its 200 day moving average is $246.35. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.04. The stock has a market cap of $29.72 billion, a P/E ratio of 53.54, a P/E/G ratio of 1.69 and a beta of 1.56.
Equifax (NYSE:EFX – Get Free Report) last issued its quarterly earnings data on Thursday, April 18th. The credit services provider reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.06. Equifax had a return on equity of 19.08% and a net margin of 10.42%. The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period last year, the business earned $1.43 EPS. The business’s revenue was up 6.7% on a year-over-year basis. Sell-side analysts anticipate that Equifax will post 7.37 earnings per share for the current fiscal year.
Equifax Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 19th. Investors of record on Friday, May 24th were given a $0.39 dividend. The ex-dividend date was Thursday, May 23rd. This represents a $1.56 dividend on an annualized basis and a yield of 0.65%. Equifax’s payout ratio is 34.74%.
Equifax Company Profile
Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.
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