Equifax, Inc. (EFX) Rating Lowered to Hold at Stifel Nicolaus
Stifel Nicolaus lowered shares of Equifax, Inc. (NYSE:EFX) from a buy rating to a hold rating in a research note published on Monday, MarketBeat Ratings reports. The firm currently has $115.00 price target on the credit services provider’s stock, down from their prior price target of $149.00.
EFX has been the subject of a number of other research reports. Zacks Investment Research lowered shares of Equifax from a buy rating to a hold rating in a report on Monday, July 17th. Morgan Stanley reaffirmed an equal weight rating and set a $144.00 target price (up previously from $142.00) on shares of Equifax in a report on Tuesday, July 18th. Deutsche Bank AG reaffirmed a buy rating and set a $160.00 target price (up previously from $140.00) on shares of Equifax in a report on Thursday, July 27th. Cowen and Company reaffirmed a buy rating and set a $151.00 target price on shares of Equifax in a report on Friday, July 28th. Finally, Royal Bank Of Canada reaffirmed a buy rating on shares of Equifax in a report on Wednesday, August 9th. Eight investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of $128.07.
Equifax (EFX) opened at $109.58 on Monday. 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 firm has a market cap of $13,233.95, a price-to-earnings ratio of 18.40, a price-to-earnings-growth ratio of 1.86 and a beta of 0.93. 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 data on Thursday, November 9th. The credit services provider reported $1.53 earnings per share for the quarter, topping the Zacks’ 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 firm’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. equities analysts predict that Equifax will post 5.93 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 24th will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend is Wednesday, November 22nd. Equifax’s dividend payout ratio (DPR) is presently 35.29%.
A number of hedge funds have recently made changes to their positions in EFX. Capital International Investors acquired a new stake in shares of Equifax during the third quarter worth about $513,940,000. Janus Henderson Group PLC lifted its position in shares of Equifax by 11,042.5% during the second 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 stake in shares of Equifax during the third quarter worth about $90,020,000. BlackRock Inc. lifted its position in shares of Equifax by 7.0% during the second 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 lifted its position in shares of Equifax by 478.6% during the third 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. 87.25% of the stock is owned by institutional investors.
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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