Robert W. Baird restated their buy rating on shares of Equifax (NYSE:EFX) in a report released on Tuesday morning. They currently have a $137.00 price objective on the credit services provider’s stock.
EFX has been the subject of several other reports. Royal Bank of Canada dropped their target price on shares of Equifax from $154.00 to $113.00 and set an outperform rating for the company in a research report on Tuesday, September 19th. Evercore ISI restated an outperform rating and issued a $110.00 target price (down from $174.00) on shares of Equifax in a research report on Saturday, September 16th. SunTrust Banks boosted their target price on shares of Equifax from $110.00 to $155.00 in a research report on Friday, September 15th. JPMorgan Chase & Co. restated a buy rating on shares of Equifax in a research report on Tuesday, October 3rd. Finally, Barclays restated an overweight rating and issued a $115.00 target price (down from $150.00) on shares of Equifax in a research report on Thursday, September 14th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of $128.67.
Shares of Equifax (EFX) traded up $1.36 during trading on Tuesday, reaching $122.85. 1,118,461 shares of the company’s stock traded hands, compared to its average volume of 1,210,000. Equifax has a twelve month low of $89.59 and a twelve month high of $147.02. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.64. The firm has a market cap of $14,750.00, a PE ratio of 27.79, a price-to-earnings-growth ratio of 2.08 and a beta of 0.95.
Equifax (NYSE:EFX) last issued its earnings results on Thursday, November 9th. The credit services provider reported $1.53 EPS for the quarter, beating the consensus estimate of $1.49 by $0.04. The company had revenue of $834.80 million during 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% compared to the same quarter last year. During the same period in the previous year, the company earned $1.44 EPS. equities analysts forecast that Equifax will post 5.92 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, November 24th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend was Wednesday, November 22nd. Equifax’s dividend payout ratio is 35.29%.
A number of hedge funds have recently added to or reduced their stakes in EFX. Capital International Investors acquired a new position in Equifax during the 3rd quarter worth approximately $513,940,000. Janus Henderson Group PLC increased its position in Equifax by 11,042.5% during 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 in the last quarter. Assenagon Asset Management S.A. acquired a new position in Equifax during the 3rd quarter worth approximately $90,020,000. BlackRock Inc. increased its position in Equifax by 7.0% during the 2nd quarter. BlackRock Inc. now owns 9,933,776 shares of the credit services provider’s stock worth $1,365,099,000 after purchasing an additional 653,096 shares in the last quarter. Finally, Artemis Investment Management LLP increased its position in Equifax by 478.6% during the 3rd quarter. Artemis Investment Management LLP now owns 703,006 shares of the credit services provider’s stock worth $74,505,000 after purchasing an additional 581,509 shares in the last quarter. Institutional investors and hedge funds own 95.20% of the company’s stock.
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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