Brokerages Set Equifax Inc. (NYSE:EFX) PT at $270.19

Shares of Equifax Inc. (NYSE:EFX) have received an average rating of “Moderate Buy” from the seventeen research firms that are covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and fourteen 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 $270.19.

EFX has been the subject of several research analyst reports. Oppenheimer decreased their target price on Equifax from $291.00 to $272.00 and set an “outperform” rating for the company in a research report on Friday, April 19th. Robert W. Baird reduced their target price on Equifax from $275.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, April 19th. The Goldman Sachs Group reduced their target price on Equifax from $276.00 to $241.00 and set a “neutral” rating for the company in a report on Friday, April 19th. JPMorgan Chase & Co. reduced their target price on Equifax from $290.00 to $273.00 and set an “overweight” rating for the company in a report on Friday, April 19th. Finally, Bank of America reduced their target price on Equifax from $300.00 to $255.00 and set a “buy” rating for the company in a report on Friday, April 19th.

Insider Buying and Selling

In related news, CFO John W. Gamble, Jr. sold 3,650 shares of the business’s stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $229.24, for a total value of $836,726.00. Following the completion of the sale, the chief financial officer now owns 62,219 shares in the company, valued at approximately $14,263,083.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CFO John W. Gamble, Jr. sold 3,650 shares of the business’s stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $229.24, for a total value of $836,726.00. Following the completion of the sale, the chief financial officer now owns 62,219 shares in the company, valued at approximately $14,263,083.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP James M. Griggs sold 2,410 shares of the business’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $238.60, for a total value of $575,026.00. Following the completion of the sale, the senior vice president now owns 5,001 shares of the company’s stock, valued at approximately $1,193,238.60. The disclosure for this sale can be found here. Insiders sold 83,635 shares of company stock worth $18,969,282 in the last quarter. 1.66% of the stock is owned by insiders.

Institutional Trading of Equifax

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Weitz Investment Management Inc. lifted its position in Equifax by 5.1% in the fourth quarter. Weitz Investment Management Inc. now owns 153,500 shares of the credit services provider’s stock valued at $37,959,000 after purchasing an additional 7,500 shares during the last quarter. Nomura Holdings Inc. bought a new stake in Equifax in the fourth quarter valued at approximately $917,000. New York State Common Retirement Fund lifted its position in Equifax by 2.7% in the fourth quarter. New York State Common Retirement Fund now owns 330,453 shares of the credit services provider’s stock valued at $81,718,000 after purchasing an additional 8,668 shares during the last quarter. Bridgefront Capital LLC bought a new stake in Equifax in the fourth quarter valued at approximately $1,274,000. Finally, BNP Paribas Financial Markets lifted its position in Equifax by 16.7% in the fourth quarter. BNP Paribas Financial Markets now owns 102,136 shares of the credit services provider’s stock valued at $25,257,000 after purchasing an additional 14,629 shares during the last quarter. Institutional investors own 96.20% of the company’s stock.

Equifax Price Performance

Shares of EFX opened at $240.41 on Thursday. Equifax has a 12-month low of $159.95 and a 12-month high of $275.10. The business’s fifty day moving average is $237.19 and its 200 day moving average is $246.35. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.04. The stock has a market cap of $29.72 billion, a P/E ratio of 53.54, a P/E/G ratio of 1.69 and a beta of 1.56.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Thursday, April 18th. The credit services provider reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.06. Equifax had a return on equity of 19.08% and a net margin of 10.42%. The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period last year, the business earned $1.43 EPS. The business’s revenue was up 6.7% on a year-over-year basis. Sell-side analysts anticipate that Equifax will post 7.37 earnings per share for the current fiscal year.

Equifax Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 19th. Investors of record on Friday, May 24th were given a $0.39 dividend. The ex-dividend date was Thursday, May 23rd. This represents a $1.56 dividend on an annualized basis and a yield of 0.65%. Equifax’s payout ratio is 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.