Equifax Inc. (NYSE:EFX) Receives $267.00 Consensus Target Price from Analysts

Equifax Inc. (NYSE:EFX) has been given a consensus recommendation of “Moderate Buy” by the seventeen ratings firms that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and fourteen have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $266.35.

A number of equities research analysts recently issued reports on the company. JPMorgan Chase & Co. decreased their price target on Equifax from $290.00 to $273.00 and set an “overweight” rating for the company in a research note on Friday. Evercore ISI upgraded Equifax from an “in-line” rating to an “outperform” rating and raised their price objective for the stock from $210.00 to $310.00 in a report on Tuesday, February 13th. Needham & Company LLC reiterated a “buy” rating and issued a $305.00 price target on shares of Equifax in a report on Thursday. Redburn Atlantic downgraded Equifax from a “buy” rating to a “neutral” rating and set a $272.00 price target on the stock. in a report on Thursday, January 11th. Finally, Truist Financial lifted their price target on Equifax from $270.00 to $285.00 and gave the company a “buy” rating in a report on Friday, February 9th.

Institutional Investors Weigh In On Equifax

A number of large investors have recently made changes to their positions in the stock. Maryland State Retirement & Pension System grew its position in shares of Equifax by 2.8% in the first quarter. Maryland State Retirement & Pension System now owns 9,562 shares of the credit services provider’s stock valued at $2,558,000 after purchasing an additional 258 shares in the last quarter. First Trust Direct Indexing L.P. lifted its holdings in Equifax by 12.1% in the first quarter. First Trust Direct Indexing L.P. now owns 3,557 shares of the credit services provider’s stock valued at $952,000 after acquiring an additional 384 shares during the last quarter. Norden Group LLC acquired a new position in Equifax in the first quarter valued at approximately $1,767,000. State of Alaska Department of Revenue lifted its holdings in Equifax by 0.5% in the first quarter. State of Alaska Department of Revenue now owns 13,371 shares of the credit services provider’s stock valued at $3,577,000 after acquiring an additional 65 shares during the last quarter. Finally, Yoder Wealth Management Inc. acquired a new position in Equifax in the first quarter valued at approximately $212,000. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Equifax Price Performance

NYSE:EFX opened at $216.20 on Friday. The firm has a market capitalization of $26.86 billion, a price-to-earnings ratio of 48.15, a PEG ratio of 1.87 and a beta of 1.51. Equifax has a 1 year low of $159.95 and a 1 year high of $275.10. The business has a 50 day simple moving average of $257.79 and a 200-day simple moving average of $231.21. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.67 and a quick ratio of 0.67.

Equifax (NYSE:EFX) last issued its quarterly earnings results on Thursday, April 18th. The credit services provider reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.06. Equifax had a return on equity of 19.33% and a net margin of 10.42%. The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same period last year, the company earned $1.43 EPS. Equifax’s quarterly revenue was up 6.7% compared to the same quarter last year. Equities analysts forecast that Equifax will post 7.53 EPS for the current year.

Equifax Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, February 23rd were given a $0.39 dividend. The ex-dividend date was Thursday, February 22nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.72%. Equifax’s dividend payout ratio (DPR) is presently 34.74%.

Equifax Company Profile

Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.