Equifax, Inc. (EFX) Receives Average Rating of “Buy” from Analysts
Equifax, Inc. (NYSE:EFX) has earned an average recommendation of “Buy” from the seventeen analysts that are presently covering the stock, MarketBeat.com reports. Eight analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $125.83.
Several research analysts recently weighed in on EFX shares. Stifel Nicolaus restated a “buy” rating and set a $149.00 target price on shares of Equifax in a research note on Friday, September 8th. Zacks Investment Research upgraded Equifax from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 14th. Royal Bank Of Canada downgraded Equifax from an “outperform” rating to a “sector perform” rating and boosted their target price for the stock from $109.40 to $113.00 in a research note on Monday, October 23rd. Morgan Stanley dropped their target price on Equifax from $144.00 to $140.00 and set an “equal weight” rating on the stock in a research note on Friday, September 8th. Finally, Wells Fargo & Company set a $127.00 target price on Equifax and gave the stock a “buy” rating in a research note on Friday, October 6th.
Shares of Equifax (NYSE:EFX) traded up $0.99 during trading hours on Thursday, hitting $114.39. The stock had a trading volume of 1,290,388 shares, compared to its average volume of 1,596,924. Equifax has a twelve month low of $89.59 and a twelve month high of $147.02. The stock has a market cap of $13,620.00, a P/E ratio of 18.85, a PEG ratio of 1.90 and a beta of 0.94. 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 announced its quarterly earnings results on Thursday, November 9th. The credit services provider reported $1.53 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.49 by $0.04. Equifax had a return on equity of 24.45% and a net margin of 16.18%. The business had revenue of $834.80 million for the quarter, compared to the consensus estimate of $847.28 million. During the same period last year, the business posted $1.44 EPS. The business’s revenue was up 3.8% compared to the same quarter last year. sell-side analysts forecast that Equifax will post 5.93 EPS for the current fiscal year.
The company also recently declared 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. The ex-dividend date is Wednesday, November 22nd. This represents a $1.56 annualized dividend and a yield of 1.36%. Equifax’s payout ratio is presently 35.21%.
A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Equifax by 3.2% during the 2nd quarter. Vanguard Group Inc. now owns 11,801,839 shares of the credit services provider’s stock valued at $1,621,809,000 after purchasing an additional 368,255 shares during the last quarter. BlackRock Inc. grew its stake in Equifax by 7.0% during the 2nd quarter. BlackRock Inc. now owns 9,933,776 shares of the credit services provider’s stock valued at $1,365,099,000 after purchasing an additional 653,096 shares during the last quarter. FMR LLC grew its stake in Equifax by 5.8% during the 2nd quarter. FMR LLC now owns 6,046,517 shares of the credit services provider’s stock valued at $830,912,000 after purchasing an additional 329,481 shares during the last quarter. Capital International Investors purchased a new stake in Equifax during the 3rd quarter valued at about $513,940,000. Finally, Janus Henderson Group PLC grew its stake 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 valued at $237,735,000 after purchasing an additional 1,714,466 shares during the last quarter. Institutional investors and hedge funds own 95.45% of the company’s stock.
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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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