Equifax (NYSE:EFX) Given New $286.00 Price Target at Oppenheimer

Equifax (NYSE:EFX) had its price objective decreased by Oppenheimer from $315.00 to $286.00 in a report issued on Tuesday,Benzinga reports. Oppenheimer currently has an outperform rating on the credit services provider’s stock.

Several other equities analysts have also commented on the stock. BNP Paribas raised shares of Equifax from an “underperform” rating to a “neutral” rating and set a $310.00 target price on the stock in a report on Thursday, September 19th. Citigroup raised their target price on shares of Equifax from $263.00 to $304.00 and gave the company a “buy” rating in a report on Wednesday, July 24th. Wells Fargo & Company restated a “buy” rating on shares of Equifax in a research note on Friday, October 18th. Robert W. Baird raised their price target on shares of Equifax from $290.00 to $333.00 and gave the company an “outperform” rating in a research note on Friday, October 18th. Finally, The Goldman Sachs Group raised their price target on shares of Equifax from $277.00 to $307.00 and gave the company a “neutral” rating in a research note on Tuesday, August 20th. Four analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $307.84.

Equifax Price Performance

EFX stock opened at $245.03 on Tuesday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.96. Equifax has a 12 month low of $204.16 and a 12 month high of $309.63. The firm has a market cap of $30.37 billion, a P/E ratio of 54.45, a P/E/G ratio of 2.34 and a beta of 1.59. The company’s 50-day moving average price is $280.57 and its two-hundred day moving average price is $267.82.

Equifax (NYSE:EFX) last released its earnings results on Wednesday, October 16th. The credit services provider reported $1.85 EPS for the quarter, beating the consensus estimate of $1.84 by $0.01. Equifax had a net margin of 10.07% and a return on equity of 18.56%. The firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same period last year, the firm earned $1.76 EPS. The business’s quarterly revenue was up 9.3% compared to the same quarter last year. On average, analysts anticipate that Equifax will post 7.28 earnings per share for the current fiscal year.

Equifax Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 22nd will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $1.56 annualized dividend and a yield of 0.64%. Equifax’s dividend payout ratio is presently 34.67%.

Insider Transactions at Equifax

In other news, EVP John J. Kelley III sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $272.92, for a total value of $272,920.00. Following the transaction, the executive vice president now owns 11,269 shares in the company, valued at approximately $3,075,535.48. The trade was a 8.15 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Mark W. Begor sold 58,304 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $270.49, for a total transaction of $15,770,648.96. Following the completion of the transaction, the chief executive officer now owns 109,183 shares in the company, valued at $29,532,909.67. This trade represents a 34.81 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.66% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of EFX. International Assets Investment Management LLC increased its stake in shares of Equifax by 76,913.8% in the 3rd quarter. International Assets Investment Management LLC now owns 960,362 shares of the credit services provider’s stock valued at $282,212,000 after acquiring an additional 959,115 shares in the last quarter. FMR LLC increased its stake in shares of Equifax by 37.4% in the 3rd quarter. FMR LLC now owns 3,233,744 shares of the credit services provider’s stock valued at $950,268,000 after acquiring an additional 880,162 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Equifax by 72.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,514,093 shares of the credit services provider’s stock valued at $405,051,000 after acquiring an additional 633,887 shares in the last quarter. Capital International Investors increased its stake in shares of Equifax by 2.5% in the 1st quarter. Capital International Investors now owns 14,045,398 shares of the credit services provider’s stock valued at $3,757,425,000 after acquiring an additional 342,170 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its stake in shares of Equifax by 4.9% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 4,276,798 shares of the credit services provider’s stock valued at $1,036,952,000 after acquiring an additional 200,665 shares in the last quarter. Institutional investors and hedge funds own 96.20% of the company’s stock.

About Equifax

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.