UBS Group Has Lowered Expectations for Equifax (NYSE:EFX) Stock Price

Equifax (NYSE:EFX) had its price target lowered by analysts at UBS Group from $335.00 to $310.00 in a research note issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the credit services provider’s stock. UBS Group’s price objective points to a potential upside of 25.43% from the stock’s current price.

EFX has been the topic of several other reports. JPMorgan Chase & Co. decreased their price target on shares of Equifax from $304.00 to $283.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 19th. BNP Paribas upgraded Equifax from a “neutral” rating to an “outperform” rating and set a $305.00 target price on the stock in a research report on Monday, December 16th. Jefferies Financial Group reduced their price objective on Equifax from $340.00 to $300.00 and set a “buy” rating on the stock in a research report on Wednesday, January 15th. Stifel Nicolaus dropped their target price on Equifax from $305.00 to $284.00 and set a “buy” rating for the company in a research note on Wednesday, November 20th. Finally, William Blair reissued an “outperform” rating on shares of Equifax in a research note on Friday. Two investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $304.35.

Equifax Price Performance

Shares of Equifax stock traded down $0.32 during trading hours on Friday, hitting $247.16. The company’s stock had a trading volume of 292,232 shares, compared to its average volume of 993,892. Equifax has a 12-month low of $213.02 and a 12-month high of $309.63. The business has a 50 day moving average price of $261.38 and a two-hundred day moving average price of $274.90. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88. The company has a market cap of $30.64 billion, a PE ratio of 54.79, a PEG ratio of 2.84 and a beta of 1.58.

Equifax (NYSE:EFX) last posted its quarterly earnings data on Thursday, February 6th. The credit services provider reported $2.12 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.12. Equifax had a net margin of 10.07% and a return on equity of 18.56%. Analysts expect that Equifax will post 7.27 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Equifax news, EVP Lisa M. Nelson sold 551 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $260.39, for a total value of $143,474.89. Following the sale, the executive vice president now owns 11,697 shares in the company, valued at approximately $3,045,781.83. This trade represents a 4.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.66% of the company’s stock.

Institutional Investors Weigh In On Equifax

A number of large investors have recently bought and sold shares of the business. McClarren Financial Advisors Inc. bought a new position in shares of Equifax in the fourth quarter valued at about $25,000. Ashton Thomas Securities LLC bought a new position in shares of Equifax during the third quarter valued at $29,000. Central Pacific Bank Trust Division bought a new stake in shares of Equifax in the 4th quarter valued at $35,000. Spire Wealth Management boosted its position in shares of Equifax by 98.7% during the 4th quarter. Spire Wealth Management now owns 151 shares of the credit services provider’s stock worth $38,000 after purchasing an additional 75 shares in the last quarter. Finally, Exchange Traded Concepts LLC bought a new position in Equifax in the third quarter worth approximately $48,000. 96.20% of the stock is currently owned by institutional investors.

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.