Equifax, Inc. (NYSE:EFX) – Investment analysts at William Blair decreased their Q4 2017 earnings per share (EPS) estimates for Equifax in a report issued on Sunday. William Blair analyst T. Mchugh now anticipates that the credit services provider will earn $1.34 per share for the quarter, down from their prior forecast of $1.37. William Blair also issued estimates for Equifax’s Q1 2018 earnings at $1.42 EPS, Q2 2018 earnings at $1.55 EPS, Q3 2018 earnings at $1.48 EPS, Q4 2018 earnings at $1.42 EPS and FY2018 earnings at $5.87 EPS.
Other equities research analysts have also issued reports about the company. SunTrust Banks, Inc. upped their price target on Equifax from $110.00 to $155.00 in a research note on Friday, September 15th. J P Morgan Chase & Co restated a “buy” rating on shares of Equifax in a research note on Friday, September 8th. Royal Bank Of Canada restated a “buy” rating on shares of Equifax in a research note on Wednesday, August 9th. Cowen and Company restated a “buy” rating and set a $151.00 price target on shares of Equifax in a research note on Friday, July 28th. Finally, Deutsche Bank AG restated a “buy” rating and set a $160.00 price target (up from $140.00) on shares of Equifax in a research note on Thursday, July 27th. Eight investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Equifax has a consensus rating of “Buy” and a consensus target price of $128.07.
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Equifax (NYSE:EFX) opened at $108.79 on Tuesday. The company has a market capitalization of $13,057.43, a price-to-earnings ratio of 18.15, a P/E/G ratio of 1.82 and a beta of 0.93. Equifax has a 12 month low of $89.59 and a 12 month high of $147.02. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.67 and a quick ratio of 0.67.
Equifax (NYSE:EFX) last released its earnings results on Thursday, November 9th. The credit services provider reported $1.53 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.49 by $0.04. The firm had revenue of $834.80 million during the quarter, compared to analyst estimates of $847.28 million. Equifax had a return on equity of 24.45% and a net margin of 16.18%. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.44 earnings per share.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Wednesday, November 22nd. Equifax’s payout ratio is 35.29%.
Several hedge funds and other institutional investors have recently modified their holdings of the company. First Republic Investment Management Inc. boosted its position in shares of Equifax by 1,210.2% in the third quarter. First Republic Investment Management Inc. now owns 147,407 shares of the credit services provider’s stock worth $15,624,000 after buying an additional 136,156 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in Equifax by 341.2% in the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 166,898 shares of the credit services provider’s stock valued at $17,690,000 after purchasing an additional 129,068 shares during the last quarter. Platinum Investment Management Ltd. purchased a new position in Equifax in the third quarter valued at about $49,189,000. AMP Capital Investors Ltd boosted its holdings in Equifax by 46.6% in the third quarter. AMP Capital Investors Ltd now owns 61,270 shares of the credit services provider’s stock valued at $6,494,000 after purchasing an additional 19,469 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its holdings in Equifax by 10.6% in the third quarter. Nomura Asset Management Co. Ltd. now owns 15,837 shares of the credit services provider’s stock valued at $1,678,000 after purchasing an additional 1,522 shares during the last quarter. 87.25% of the stock is owned by institutional investors.
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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