Mark W. Begor Purchases 8,700 Shares of Equifax Inc. (EFX) Stock
Equifax Inc. (NYSE:EFX) CEO Mark W. Begor bought 8,700 shares of the company’s stock in a transaction dated Friday, May 25th. The shares were purchased at an average price of $115.01 per share, with a total value of $1,000,587.00. Following the completion of the acquisition, the chief executive officer now owns 46,491 shares of the company’s stock, valued at approximately $5,346,929.91. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Shares of EFX opened at $113.96 on Friday. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.52. Equifax Inc. has a one year low of $89.59 and a one year high of $147.02. The stock has a market capitalization of $13.77 billion, a price-to-earnings ratio of 19.25, a P/E/G ratio of 2.41 and a beta of 0.94.
Equifax (NYSE:EFX) last issued its quarterly earnings data on Wednesday, April 25th. The credit services provider reported $1.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.37 by $0.06. Equifax had a net margin of 15.46% and a return on equity of 22.55%. The business had revenue of $865.70 million during the quarter, compared to analyst estimates of $854.89 million. During the same period last year, the business posted $1.44 earnings per share. Equifax’s quarterly revenue was up 4.0% compared to the same quarter last year. sell-side analysts predict that Equifax Inc. will post 5.94 EPS for the current fiscal year.
Institutional investors and hedge funds have recently modified their holdings of the business. Truewealth LLC purchased a new stake in Equifax in the fourth quarter worth about $164,000. Massey Quick Simon & CO. LLC lifted its holdings in Equifax by 9,375.0% in the first quarter. Massey Quick Simon & CO. LLC now owns 1,516 shares of the credit services provider’s stock worth $179,000 after buying an additional 1,500 shares during the period. Point72 Asia Hong Kong Ltd lifted its holdings in Equifax by 1,186.4% in the first quarter. Point72 Asia Hong Kong Ltd now owns 1,518 shares of the credit services provider’s stock worth $179,000 after buying an additional 1,400 shares during the period. Pinnacle Financial Partners Inc. purchased a new stake in Equifax in the fourth quarter worth about $201,000. Finally, Deroy & Devereaux Private Investment Counsel Inc. bought a new position in shares of Equifax during the fourth quarter valued at approximately $203,000. Institutional investors and hedge funds own 86.81% of the company’s stock.
A number of analysts have recently weighed in on the stock. SunTrust Banks increased their target price on shares of Equifax to $140.00 and gave the stock a “buy” rating in a report on Monday, March 5th. Royal Bank of Canada dropped their target price on shares of Equifax to $121.00 and set a “sector perform” rating for the company in a report on Monday, March 5th. Barclays dropped their target price on shares of Equifax from $120.00 to $128.00 and set an “equal weight” rating for the company in a report on Monday, March 5th. Wells Fargo & Co reiterated a “buy” rating and set a $132.00 target price (up from $127.00) on shares of Equifax in a report on Monday, March 5th. Finally, William Blair reiterated an “outperform” rating on shares of Equifax in a report on Thursday, March 1st. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $127.40.
Equifax Company Profile
Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.
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