William Blair Research Analysts Lower Earnings Estimates for Equifax Inc. (NYSE:EFX)

Equifax Inc. (NYSE:EFX) – Analysts at William Blair dropped their Q2 2024 earnings per share estimates for shares of Equifax in a research note issued to investors on Friday, April 19th. William Blair analyst A. Nicholas now anticipates that the credit services provider will earn $1.72 per share for the quarter, down from their prior estimate of $1.88. The consensus estimate for Equifax’s current full-year earnings is $7.38 per share. William Blair also issued estimates for Equifax’s Q1 2025 earnings at $1.92 EPS, Q2 2025 earnings at $2.17 EPS, Q3 2025 earnings at $2.39 EPS, Q4 2025 earnings at $2.56 EPS and FY2025 earnings at $9.05 EPS.

Equifax (NYSE:EFX) last announced its quarterly earnings results on Thursday, April 18th. The credit services provider reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.06. Equifax had a return on equity of 19.08% and a net margin of 10.42%. The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the previous year, the firm earned $1.43 EPS. The business’s quarterly revenue was up 6.7% on a year-over-year basis.

Other equities research analysts have also recently issued research reports about the stock. Stifel Nicolaus increased their price target on shares of Equifax from $208.00 to $289.00 and gave the company a “buy” rating in a research report on Tuesday, January 9th. Truist Financial increased their price target on shares of Equifax from $270.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Oppenheimer decreased their price objective on shares of Equifax from $291.00 to $272.00 and set an “outperform” rating for the company in a report on Friday. TheStreet upgraded shares of Equifax from a “c+” rating to a “b-” rating in a report on Friday, December 29th. Finally, Evercore ISI upgraded shares of Equifax from an “in-line” rating to an “outperform” rating and upped their price objective for the stock from $210.00 to $310.00 in a report on Tuesday, February 13th. Four research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Equifax currently has an average rating of “Moderate Buy” and an average target price of $270.19.

Equifax Trading Up 1.3 %

Shares of EFX opened at $218.93 on Monday. The stock has a market capitalization of $27.20 billion, a P/E ratio of 48.76, a PEG ratio of 1.74 and a beta of 1.51. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 1.04. The firm has a fifty day simple moving average of $257.05 and a two-hundred day simple moving average of $232.21. Equifax has a twelve month low of $159.95 and a twelve month high of $275.10.

Institutional Trading of Equifax

Several institutional investors have recently bought and sold shares of the company. Quadrant Capital Group LLC grew its position in Equifax by 2.2% during the 4th quarter. Quadrant Capital Group LLC now owns 1,838 shares of the credit services provider’s stock valued at $455,000 after purchasing an additional 40 shares during the last quarter. DAVENPORT & Co LLC boosted its holdings in shares of Equifax by 2.4% during the 4th quarter. DAVENPORT & Co LLC now owns 2,022 shares of the credit services provider’s stock valued at $500,000 after acquiring an additional 48 shares during the last quarter. Ballentine Partners LLC boosted its holdings in shares of Equifax by 5.1% during the 1st quarter. Ballentine Partners LLC now owns 1,038 shares of the credit services provider’s stock valued at $278,000 after acquiring an additional 50 shares during the last quarter. Greenleaf Trust boosted its holdings in shares of Equifax by 4.2% during the 4th quarter. Greenleaf Trust now owns 1,507 shares of the credit services provider’s stock valued at $373,000 after acquiring an additional 61 shares during the last quarter. Finally, Concord Wealth Partners boosted its holdings in shares of Equifax by 8.8% during the 4th quarter. Concord Wealth Partners now owns 793 shares of the credit services provider’s stock valued at $196,000 after acquiring an additional 64 shares during the last quarter. 96.20% of the stock is owned by hedge funds and other institutional investors.

Equifax Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, February 23rd were paid a $0.39 dividend. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $1.56 annualized dividend and a dividend yield of 0.71%. Equifax’s payout ratio is 34.74%.

Equifax Company Profile

Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.