Analysts Expect Equifax Inc. (EFX) to Post $1.33 Earnings Per Share

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Equities analysts expect Equifax Inc. (NYSE:EFX) to announce earnings of $1.33 per share for the current quarter, according to Zacks. Seven analysts have made estimates for Equifax’s earnings, with the highest EPS estimate coming in at $1.34 and the lowest estimate coming in at $1.31. Equifax posted earnings of $1.39 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 4.3%. The business is scheduled to report its next quarterly earnings report on Thursday, March 7th.

On average, analysts expect that Equifax will report full year earnings of $5.73 per share for the current financial year, with EPS estimates ranging from $5.71 to $5.75. For the next fiscal year, analysts expect that the firm will post earnings of $5.88 per share, with EPS estimates ranging from $5.67 to $6.17. Zacks’ earnings per share averages are an average based on a survey of analysts that that provide coverage for Equifax.

Equifax (NYSE:EFX) last issued its quarterly earnings results on Wednesday, October 24th. The credit services provider reported $1.41 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.42 by ($0.01). Equifax had a return on equity of 21.48% and a net margin of 13.07%. The business had revenue of $834.20 million during the quarter, compared to analyst estimates of $857.51 million. During the same quarter last year, the company posted $1.53 EPS.

Several brokerages recently weighed in on EFX. Credit Suisse Group began coverage on shares of Equifax in a report on Friday. They issued an “outperform” rating and a $125.00 price target on the stock. BMO Capital Markets reiterated a “buy” rating on shares of Equifax in a report on Tuesday, November 13th. Zacks Investment Research reiterated a “sell” rating on shares of Equifax in a report on Tuesday, November 13th. Deutsche Bank set a $128.00 price target on shares of Equifax and gave the stock a “buy” rating in a report on Friday, October 26th. Finally, Wells Fargo & Co lowered their price objective on Equifax from $145.00 to $137.00 and set an “outperform” rating on the stock in a research report on Friday, October 26th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $128.10.

A number of institutional investors have recently added to or reduced their stakes in EFX. Janney Montgomery Scott LLC boosted its position in Equifax by 76.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 6,159 shares of the credit services provider’s stock worth $771,000 after purchasing an additional 2,668 shares in the last quarter. Piedmont Investment Advisors LLC purchased a new position in shares of Equifax during the 2nd quarter valued at approximately $175,000. TD Asset Management Inc. lifted its position in shares of Equifax by 0.8% during the 2nd quarter. TD Asset Management Inc. now owns 69,689 shares of the credit services provider’s stock valued at $8,719,000 after buying an additional 571 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its position in shares of Equifax by 2.4% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 375,994 shares of the credit services provider’s stock valued at $47,041,000 after buying an additional 8,954 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of Equifax by 2.5% during the 2nd quarter. Victory Capital Management Inc. now owns 19,136 shares of the credit services provider’s stock valued at $2,394,000 after buying an additional 463 shares in the last quarter. Institutional investors and hedge funds own 90.51% of the company’s stock.

Shares of NYSE:EFX opened at $99.36 on Wednesday. Equifax has a twelve month low of $90.54 and a twelve month high of $138.69. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.19 and a current ratio of 1.19. The company has a market capitalization of $12.10 billion, a P/E ratio of 17.33, a price-to-earnings-growth ratio of 2.43 and a beta of 1.11.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 14th. Shareholders of record on Friday, November 23rd will be given a $0.39 dividend. The ex-dividend date is Wednesday, November 21st. This represents a $1.56 annualized dividend and a yield of 1.57%. Equifax’s dividend payout ratio is presently 26.13%.

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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