Equifax, Inc. (NYSE:EFX) had its price target decreased by J P Morgan Chase & Co from $167.00 to $135.00 in a research note issued on Thursday. The brokerage presently has an “overweight” rating on the credit services provider’s stock. J P Morgan Chase & Co’s price objective would suggest a potential upside of 36.38% from the company’s previous close.

Several other analysts have also commented on EFX. Royal Bank Of Canada restated a “buy” rating on shares of Equifax in a report on Wednesday, August 9th. Stifel Nicolaus restated a “buy” rating and issued a $149.00 price objective on shares of Equifax in a report on Friday, September 8th. Robert W. Baird restated a “buy” rating and issued a $141.00 price objective on shares of Equifax in a report on Tuesday. Evercore ISI restated a “buy” rating and issued a $174.00 price objective on shares of Equifax in a report on Saturday, September 9th. Finally, Morgan Stanley lowered their price objective on shares of Equifax from $144.00 to $140.00 and set an “equal weight” rating for the company in a report on Friday, September 8th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $147.38.

Shares of Equifax (NYSE:EFX) traded down 2.430% during mid-day trading on Thursday, reaching $96.585. The company’s stock had a trading volume of 24,235,937 shares. The company has a market cap of $11.63 billion, a P/E ratio of 20.459 and a beta of 0.93. The company has a 50-day moving average of $140.52 and a 200-day moving average of $137.87. Equifax has a 12 month low of $89.59 and a 12 month high of $147.02.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Wednesday, July 26th. The credit services provider reported $1.60 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.57 by $0.03. Equifax had a net margin of 17.44% and a return on equity of 24.88%. The business had revenue of $856.70 million during the quarter, compared to analyst estimates of $860.48 million. During the same period last year, the business posted $1.43 earnings per share. Equifax’s quarterly revenue was up 5.6% compared to the same quarter last year. Equities research analysts forecast that Equifax will post $6.07 earnings per share for the current fiscal year.

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In other Equifax news, insider Joseph Michael Loughran III sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $146.02, for a total transaction of $584,080.00. Following the completion of the transaction, the insider now owns 42,723 shares of the company’s stock, valued at $6,238,412.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO John W. Gamble, Jr. sold 6,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $145.60, for a total transaction of $946,400.00. Following the transaction, the chief financial officer now directly owns 42,078 shares of the company’s stock, valued at approximately $6,126,556.80. The disclosure for this sale can be found here. Insiders have sold 12,219 shares of company stock valued at $1,780,938 in the last ninety days. Insiders own 1.29% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC increased its position in shares of Equifax by 0.3% during the second 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 in the last quarter. Flagship Harbor Advisors LLC increased its position in shares of Equifax by 0.3% during the second 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 in the last quarter. Signaturefd LLC increased its position in shares of Equifax by 0.3% during the first 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 in the last quarter. Sawtooth Solutions LLC increased its position in shares of Equifax by 0.6% during the second 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 in the last quarter. Finally, Cleararc Capital Inc. increased its position in shares of Equifax by 0.5% during the first 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 in the last quarter. 90.02% of the stock is owned by institutional investors.

Equifax Company Profile

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.

Analyst Recommendations for Equifax (NYSE:EFX)

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