Equifax, Inc. (EFX) Given “Hold” Rating at Stephens
Equifax, Inc. (NYSE:EFX)‘s stock had its “hold” rating reissued by analysts at Stephens in a report issued on Thursday. They presently have a $110.00 price target on the credit services provider’s stock, down from their previous price target of $145.00. Stephens’ target price would indicate a potential upside of 11.12% from the stock’s current price.
Several other equities research analysts also recently issued reports on the company. Morgan Stanley reiterated an “equal weight” rating and issued a $144.00 price objective (up previously from $142.00) on shares of Equifax in a report on Tuesday, July 18th. BidaskClub upgraded Equifax from a “hold” rating to a “buy” rating in a report on Saturday, June 17th. Zacks Investment Research downgraded Equifax from a “buy” rating to a “hold” rating in a report on Monday, July 17th. Argus started coverage on Equifax in a report on Tuesday, June 13th. They issued a “buy” rating and a $166.00 price objective on the stock. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a $160.00 price objective (up previously from $140.00) on shares of Equifax in a report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $142.21.
Shares of Equifax (NYSE:EFX) traded down 0.25% during trading on Thursday, hitting $98.74. The stock had a trading volume of 30,016,135 shares. The stock has a market cap of $11.89 billion, a price-to-earnings ratio of 20.92 and a beta of 0.93. The company’s 50 day moving average price is $140.52 and its 200 day moving average price is $137.87. Equifax has a 12 month low of $89.59 and a 12 month high of $147.02.
Equifax (NYSE:EFX) last posted its quarterly earnings data on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.57 by $0.03. The firm had revenue of $856.70 million for the quarter, compared to the consensus estimate of $860.48 million. Equifax had a return on equity of 24.88% and a net margin of 17.44%. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.43 EPS. Equities research analysts expect that Equifax will post $6.07 earnings per share for the current fiscal year.
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In other news, insider Rodolfo O. Ploder sold 1,719 shares of the stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $145.70, for a total value of $250,458.30. Following the transaction, the insider now owns 43,648 shares in the company, valued at approximately $6,359,513.60. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Joseph Michael Loughran III sold 4,000 shares of the stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $146.02, for a total value of $584,080.00. Following the completion of the transaction, the insider now owns 42,723 shares in the company, valued at approximately $6,238,412.46. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,219 shares of company stock worth $1,780,938. Company insiders own 1.29% of the company’s stock.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of Equifax by 0.3% in the 2nd quarter. Brighton Jones LLC now owns 3,012 shares of the credit services provider’s stock valued at $414,000 after acquiring an additional 8 shares during the last quarter. Flagship Harbor Advisors LLC increased its holdings in shares of Equifax by 0.3% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 3,042 shares of the credit services provider’s stock valued at $424,000 after acquiring an additional 8 shares during the last quarter. Signaturefd LLC increased its holdings in shares of Equifax by 0.3% in the 1st quarter. Signaturefd LLC now owns 3,751 shares of the credit services provider’s stock valued at $513,000 after acquiring an additional 11 shares during the last quarter. Sawtooth Solutions LLC increased its holdings in shares of Equifax by 0.6% in the 2nd quarter. Sawtooth Solutions LLC now owns 1,779 shares of the credit services provider’s stock valued at $245,000 after acquiring an additional 11 shares during the last quarter. Finally, Cleararc Capital Inc. increased its holdings in shares of Equifax by 0.5% in the 1st quarter. Cleararc Capital Inc. now owns 2,948 shares of the credit services provider’s stock valued at $403,000 after acquiring an additional 16 shares during the last quarter. Institutional investors and hedge funds own 90.02% of the company’s stock.
Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
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