Equifax (NYSE:EFX) had its price objective boosted by analysts at Morgan Stanley from $112.00 to $119.00 in a research report issued on Wednesday. The firm presently has an “equal weight” rating on the credit services provider’s stock. Morgan Stanley’s target price points to a potential downside of 4.75% from the stock’s current price.
A number of other research analysts have also recently commented on EFX. Royal Bank of Canada upped their price target on shares of Equifax to $126.00 and gave the stock a “sector perform” rating in a report on Friday, January 19th. JPMorgan Chase & Co. restated a “buy” rating on shares of Equifax in a report on Tuesday, October 3rd. Stephens restated an “equal weight” rating and issued a $110.00 price target on shares of Equifax in a report on Wednesday, October 4th. Robert W. Baird reiterated a “buy” rating and set a $137.00 target price on shares of Equifax in a report on Tuesday, January 9th. Finally, Zacks Investment Research upgraded shares of Equifax from a “sell” rating to a “hold” rating in a report on Tuesday, January 16th. Nine equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $128.07.
Equifax (NYSE EFX) traded up $1.85 during midday trading on Wednesday, hitting $124.93. 884,617 shares of the stock were exchanged, compared to its average volume of 1,130,000. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $15,000.00, a PE ratio of 28.26, a PEG ratio of 2.13 and a beta of 0.95. 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 results on Thursday, November 9th. The credit services provider reported $1.53 EPS for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.04. The firm had revenue of $834.80 million for the quarter, compared to analysts’ expectations of $847.28 million. Equifax had a net margin of 16.18% and a return on equity of 24.45%. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.44 earnings per share. research analysts forecast that Equifax will post 5.92 earnings per share for the current year.
A number of institutional investors have recently modified their holdings of the business. Kornitzer Capital Management Inc. KS grew its holdings in Equifax by 13.9% during the 4th quarter. Kornitzer Capital Management Inc. KS now owns 177,565 shares of the credit services provider’s stock worth $20,938,000 after acquiring an additional 21,625 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Equifax by 144.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,223 shares of the credit services provider’s stock valued at $262,000 after buying an additional 1,312 shares in the last quarter. Mutual of America Capital Management LLC boosted its holdings in shares of Equifax by 4.9% in the 4th quarter. Mutual of America Capital Management LLC now owns 14,667 shares of the credit services provider’s stock valued at $1,730,000 after buying an additional 682 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. bought a new stake in shares of Equifax in the 4th quarter valued at about $203,000. Finally, Advisor Partners LLC bought a new stake in shares of Equifax in the 4th quarter valued at about $244,000. Institutional investors own 94.94% 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.