Equifax Director Purchases $246,155 in Stock (EFX)
Equifax (NYSE:EFX) Director Mark B. Templeton acquired 3,500 shares of Equifax stock in a transaction dated Friday, May 16th. The shares were purchased at an average cost of $70.33 per share, with a total value of $246,155.00. Following the completion of the purchase, the director now directly owns 24,082 shares of the company’s stock, valued at approximately $1,693,687. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on EFX. Analysts at Zacks reiterated a “neutral” rating on shares of Equifax in a research note on Monday, April 28th. They now have a $72.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Equifax in a research note on Friday, April 25th. They now have a $77.00 price target on the stock. Finally, analysts at Credit Suisse upgraded shares of Equifax from a “neutral” rating to an “outperform” rating in a research note on Wednesday, April 23rd. They now have a $80.00 price target on the stock, up previously from $65.00. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Equifax presently has an average rating of “Buy” and a consensus price target of $74.22.
Shares of Equifax (NYSE:EFX) traded up 0.34% during mid-day trading on Friday, hitting $70.63. 291,932 shares of the company’s stock traded hands. Equifax has a one year low of $57.54 and a one year high of $72.90. The stock’s 50-day moving average is $69.04 and its 200-day moving average is $68.71. The company has a market cap of $8.619 billion and a price-to-earnings ratio of 26.22.
Equifax (NYSE:EFX) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.02. The company had revenue of $584.50 million for the quarter, compared to the consensus estimate of $586.65 million. During the same quarter in the previous year, the company posted $0.87 earnings per share. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. Analysts expect that Equifax will post $3.83 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, June 13th. Investors of record on Friday, May 23rd will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend is Wednesday, May 21st.
Equifax Inc is a provider of information solutions for businesses and consumers. The Company’s clients and customers include financial institutions, corporations, governments and individuals.
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