Equifax Hits New 1-Year High at $78.91 (EFX)
Equifax (NYSE:EFX)’s share price hit a new 52-week high during trading on Monday , American Banking and Market News reports. The company traded as high as $78.91 and last traded at $78.48, with a volume of 110,544 shares. The stock had previously closed at $78.19.
Several analysts have recently commented on the stock. Analysts at Goldman Sachs raised their price target on shares of Equifax from $67.00 to $68.00 in a research note on Tuesday, August 5th. They now have a “neutral” rating on the stock. Analysts at Deutsche Bank raised their price target on shares of Equifax from $78.00 to $80.00 in a research note on Tuesday, July 22nd. They now have a “buy” rating on the stock. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $75.14.
The stock has a 50-day moving average of $75.50 and a 200-day moving average of $71.61. The company has a market cap of $9.594 billion and a price-to-earnings ratio of 28.90.
Equifax (NYSE:EFX) last announced its earnings results on Wednesday, July 23rd. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.02. The company had revenue of $613.90 million for the quarter, compared to the consensus estimate of $616.03 million. During the same quarter in the previous year, the company posted $0.92 earnings per share. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. On average, analysts predict that Equifax will post $3.87 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, September 15th. Stockholders of record on Friday, August 22nd will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend is Wednesday, August 20th.
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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