Robert W. Baird restated their buy rating on shares of Equifax (NYSE:EFX) in a research report released on Friday, February 22nd. The firm currently has a $119.00 target price on the credit services provider’s stock.
A number of other brokerages also recently issued reports on EFX. Zacks Investment Research downgraded shares of Equifax from a hold rating to a sell rating in a report on Wednesday, February 13th. Deutsche Bank downgraded shares of Equifax from a buy rating to a hold rating and lowered their price target for the stock from $128.00 to $110.00 in a report on Tuesday, February 5th. They noted that the move was a valuation call. BMO Capital Markets reaffirmed a buy rating on shares of Equifax in a report on Tuesday, November 13th. Credit Suisse Group started coverage on shares of Equifax in a report on Friday, December 7th. They set an outperform rating and a $125.00 price objective on the stock. Finally, Morgan Stanley set a $115.00 price objective on shares of Equifax and gave the company a hold rating in a report on Thursday, October 25th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $119.45.
Shares of NYSE:EFX traded down $0.98 during midday trading on Friday, reaching $112.45. The company’s stock had a trading volume of 449,038 shares, compared to its average volume of 1,110,146. The firm has a market capitalization of $13.58 billion, a P/E ratio of 19.42, a PEG ratio of 2.33 and a beta of 1.23. Equifax has a twelve month low of $88.68 and a twelve month high of $138.69. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.09 and a quick ratio of 1.09.
Equifax (NYSE:EFX) last released its quarterly earnings data on Wednesday, February 20th. The credit services provider reported $1.38 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.32 by $0.06. The firm had revenue of $835.30 million for the quarter, compared to analyst estimates of $841.49 million. Equifax had a net margin of 8.78% and a return on equity of 21.58%. The business’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 earnings per share. Equities analysts anticipate that Equifax will post 5.67 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Tuesday, March 12th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 1.39%. The ex-dividend date is Monday, March 11th. Equifax’s dividend payout ratio is currently 26.94%.
Several large investors have recently bought and sold shares of EFX. Vanguard Group Inc increased its position in Equifax by 0.5% during the third quarter. Vanguard Group Inc now owns 12,212,967 shares of the credit services provider’s stock worth $1,594,647,000 after purchasing an additional 65,505 shares during the last quarter. Capital International Investors increased its position in Equifax by 2.3% during the third quarter. Capital International Investors now owns 6,475,374 shares of the credit services provider’s stock worth $845,490,000 after purchasing an additional 148,440 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in Equifax by 49.4% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 5,910,763 shares of the credit services provider’s stock worth $550,470,000 after purchasing an additional 1,954,808 shares during the last quarter. Mackenzie Financial Corp increased its position in Equifax by 44.5% during the fourth quarter. Mackenzie Financial Corp now owns 2,764,891 shares of the credit services provider’s stock worth $257,494,000 after purchasing an additional 851,486 shares during the last quarter. Finally, Cantillon Capital Management LLC increased its position in Equifax by 0.7% during the fourth quarter. Cantillon Capital Management LLC now owns 2,421,681 shares of the credit services provider’s stock worth $225,531,000 after purchasing an additional 15,943 shares during the last quarter. 93.19% of the stock is currently owned by hedge funds and other institutional investors.
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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