Stifel Nicolaus Lowers Equifax (NYSE:EFX) Price Target to $281.00

Equifax (NYSE:EFX) had its price target lowered by investment analysts at Stifel Nicolaus from $284.00 to $281.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the credit services provider’s stock. Stifel Nicolaus’ price objective indicates a potential upside of 13.67% from the stock’s previous close.

A number of other equities research analysts have also weighed in on the company. Needham & Company LLC cut their price objective on Equifax from $325.00 to $300.00 and set a “buy” rating on the stock in a research report on Friday. Wells Fargo & Company reduced their price objective on Equifax from $321.00 to $313.00 and set an “overweight” rating for the company in a research note on Monday. Oppenheimer lowered their target price on shares of Equifax from $315.00 to $286.00 and set an “outperform” rating on the stock in a report on Tuesday, November 19th. UBS Group cut their price target on Equifax from $335.00 to $310.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Morgan Stanley lowered their price objective on Equifax from $320.00 to $316.00 and set an “overweight” rating for the company in a research report on Tuesday, January 28th. Two investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $304.35.

Equifax Trading Down 0.1 %

NYSE:EFX traded down $0.27 on Friday, reaching $247.21. The company’s stock had a trading volume of 292,232 shares, compared to its average volume of 993,892. The firm has a market cap of $30.64 billion, a PE ratio of 54.79, a PEG ratio of 2.84 and a beta of 1.58. Equifax has a 1-year low of $213.02 and a 1-year high of $309.63. The business’s 50-day moving average price is $261.38 and its two-hundred day moving average price is $274.90. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.88 and a current ratio of 0.88.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Thursday, February 6th. The credit services provider reported $2.12 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.12. Equifax had a return on equity of 18.56% and a net margin of 10.07%. Equities research analysts anticipate that Equifax will post 7.27 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Lisa M. Nelson sold 551 shares of the business’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $260.39, for a total transaction of $143,474.89. Following the completion of the transaction, the executive vice president now owns 11,697 shares in the company, valued at approximately $3,045,781.83. The trade was a 4.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.66% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Equifax

A number of hedge funds and other institutional investors have recently bought and sold shares of EFX. Amundi boosted its stake in shares of Equifax by 40.6% in the fourth quarter. Amundi now owns 197,846 shares of the credit services provider’s stock valued at $49,088,000 after purchasing an additional 57,164 shares during the period. Dorsey & Whitney Trust CO LLC increased its holdings in shares of Equifax by 5.6% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 817 shares of the credit services provider’s stock valued at $208,000 after purchasing an additional 43 shares during the period. Larson Financial Group LLC lifted its holdings in shares of Equifax by 29.7% in the fourth quarter. Larson Financial Group LLC now owns 804 shares of the credit services provider’s stock valued at $205,000 after buying an additional 184 shares during the period. PNC Financial Services Group Inc. lifted its stake in Equifax by 2.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 38,854 shares of the credit services provider’s stock valued at $9,902,000 after purchasing an additional 1,090 shares during the last quarter. Finally, Novus Advisors LLC purchased a new position in Equifax in the 4th quarter worth about $268,000. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

About Equifax

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.