Equifax Inc. (NYSE:EFX) Given Average Rating of “Buy” by Analysts
Equifax Inc. (NYSE:EFX) has earned a consensus rating of “Buy” from the eleven ratings firms that are currently covering the firm. Two analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $140.11.
EFX has been the topic of several analyst reports. Royal Bank Of Canada reissued a “buy” rating and set a $136.00 target price on shares of Equifax in a research report on Wednesday, June 15th. Deutsche Bank AG reissued a “buy” rating on shares of Equifax in a research report on Thursday, June 16th. Jefferies Group reissued a “hold” rating and set a $128.00 target price on shares of Equifax in a research report on Thursday, July 28th. Stifel Nicolaus raised their price target on Equifax from $131.00 to $143.00 and gave the company a “buy” rating in a research report on Friday, July 29th. Finally, JPMorgan Chase & Co. raised their price target on Equifax from $133.00 to $155.00 and gave the company an “overweight” rating in a research report on Friday, July 29th.
Shares of Equifax (NYSE:EFX) traded down 1.65% during mid-day trading on Friday, hitting $130.03. The stock had a trading volume of 163,255 shares. The firm has a 50 day moving average of $132.58 and a 200 day moving average of $126.21. Equifax has a one year low of $91.72 and a one year high of $136.97. The stock has a market cap of $15.52 billion, a price-to-earnings ratio of 33.85 and a beta of 0.87.
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Equifax (NYSE:EFX) last posted its earnings results on Wednesday, July 27th. The company reported $1.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.36 by $0.07. The firm had revenue of $811.30 million for the quarter, compared to the consensus estimate of $802.85 million. Equifax had a net margin of 16.11% and a return on equity of 24.51%. The business’s quarterly revenue was up 19.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.15 earnings per share. On average, analysts forecast that Equifax will post ($0.47) earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Thursday, September 15th. Shareholders of record on Friday, August 19th were issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date was Wednesday, August 17th. Equifax’s payout ratio is 34.38%.
In other Equifax news, insider Rodolfo O. Ploder sold 3,100 shares of the firm’s stock in a transaction on Monday, August 29th. The shares were sold at an average price of $131.87, for a total value of $408,797.00. Following the completion of the sale, the insider now directly owns 46,936 shares in the company, valued at $6,189,450.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider J Dann Adams sold 4,422 shares of the firm’s stock in a transaction on Friday, July 29th. The stock was sold at an average price of $134.00, for a total transaction of $592,548.00. Following the completion of the sale, the insider now owns 57,804 shares of the company’s stock, valued at $7,745,736. The disclosure for this sale can be found here. 2.01% of the stock is currently owned by company insiders.
Several hedge funds and other institutional investors have recently modified their holdings of EFX. FMR LLC boosted its position in shares of Equifax by 15.2% in the second quarter. FMR LLC now owns 7,369,557 shares of the company’s stock worth $946,251,000 after buying an additional 972,051 shares in the last quarter. American Century Companies Inc. acquired a new position in shares of Equifax during the second quarter worth about $90,891,000. Columbus Circle Investors acquired a new position in shares of Equifax during the second quarter worth about $59,051,000. Credit Agricole S A boosted its position in shares of Equifax by 485.3% in the first quarter. Credit Agricole S A now owns 420,030 shares of the company’s stock worth $48,005,000 after buying an additional 348,262 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in shares of Equifax by 116.3% in the second quarter. PNC Financial Services Group Inc. now owns 645,261 shares of the company’s stock worth $82,851,000 after buying an additional 346,973 shares in the last quarter. Hedge funds and other institutional investors own 88.64% of the company’s stock.
Equifax Inc is a provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Personal Solutions. USIS provides consumer and commercial information solutions to businesses in the United States, including online information, decisioning technology solutions, fraud and identity management services, portfolio management services, mortgage reporting and financial marketing services.
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