$824.91 Million in Sales Expected for Equifax, Inc. (EFX) This Quarter
Analysts expect Equifax, Inc. (NYSE:EFX) to report sales of $824.91 million for the current fiscal quarter, according to Zacks. Seven analysts have made estimates for Equifax’s earnings. The lowest sales estimate is $812.48 million and the highest is $828.89 million. Equifax reported sales of $801.10 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 3%. The company is scheduled to issue its next quarterly earnings results on Wednesday, February 14th.
On average, analysts expect that Equifax will report full-year sales of $824.91 million for the current year, with estimates ranging from $3.34 billion to $3.35 billion. For the next year, analysts forecast that the business will post sales of $3.42 billion per share, with estimates ranging from $3.34 billion to $3.49 billion. Zacks’ sales averages are a mean average based on a survey of sell-side research firms that that provide coverage for Equifax.
Equifax (NYSE:EFX) last announced its earnings results on Thursday, November 9th. The credit services provider reported $1.53 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.49 by $0.04. Equifax had a return on equity of 24.45% and a net margin of 16.18%. The business had revenue of $834.80 million during the quarter, compared to analysts’ expectations of $847.28 million. During the same quarter last year, the business posted $1.44 earnings per share. The company’s quarterly revenue was up 3.8% on a year-over-year basis.
Shares of Equifax (EFX) traded down $0.38 during trading on Friday, reaching $122.84. The company had a trading volume of 929,300 shares, compared to its average volume of 1,237,275. The stock has a market cap of $14,750.00, a P/E ratio of 27.79, a P/E/G ratio of 2.11 and a beta of 0.95. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.67 and a current ratio of 0.67. Equifax has a 1 year low of $89.59 and a 1 year high of $147.02.
Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Equifax by 3.2% during the 2nd quarter. Vanguard Group Inc. now owns 11,801,839 shares of the credit services provider’s stock worth $1,621,809,000 after acquiring an additional 368,255 shares during the period. FMR LLC lifted its position in shares of Equifax by 5.8% during the 2nd quarter. FMR LLC now owns 6,046,517 shares of the credit services provider’s stock worth $830,912,000 after buying an additional 329,481 shares in the last quarter. Capital International Investors bought a new position in shares of Equifax during the 3rd quarter worth approximately $513,940,000. Janus Henderson Group PLC raised its holdings in shares of Equifax by 11,042.5% in the 2nd quarter. Janus Henderson Group PLC now owns 1,729,992 shares of the credit services provider’s stock worth $237,735,000 after purchasing an additional 1,714,466 shares during the period. Finally, Burgundy Asset Management Ltd. raised its holdings in shares of Equifax by 0.7% in the 2nd quarter. Burgundy Asset Management Ltd. now owns 1,683,442 shares of the credit services provider’s stock worth $231,339,000 after purchasing an additional 11,216 shares during the period. Institutional investors own 95.12% of the company’s stock.
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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.
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