Equifax (EFX) Set to Announce Quarterly Earnings on Wednesday

Equifax (NYSE:EFX) will issue its quarterly earnings data after the market closes on Wednesday, October 16th. Analysts expect the company to announce earnings of $1.82 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Equifax (NYSE:EFX) last announced its earnings results on Wednesday, July 17th. The credit services provider reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.73 by $0.09. Equifax had a return on equity of 18.88% and a net margin of 10.67%. The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same quarter last year, the firm earned $1.71 EPS. Equifax’s revenue for the quarter was up 8.6% compared to the same quarter last year. On average, analysts expect Equifax to post $7 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Equifax Trading Up 2.1 %

NYSE:EFX opened at $291.16 on Tuesday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.01. Equifax has a twelve month low of $159.95 and a twelve month high of $309.63. The company has a market cap of $35.99 billion, a P/E ratio of 64.85, a price-to-earnings-growth ratio of 2.00 and a beta of 1.58. The business has a 50 day moving average price of $294.40 and a two-hundred day moving average price of $262.32.

Equifax Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Tuesday, September 3rd were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date of this dividend was Tuesday, September 3rd. Equifax’s dividend payout ratio (DPR) is currently 34.74%.

Insiders Place Their Bets

In other news, EVP Carla Chaney sold 3,000 shares of the business’s stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $281.85, for a total transaction of $845,550.00. Following the completion of the sale, the executive vice president now directly owns 10,875 shares of the company’s stock, valued at $3,065,118.75. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 1.57% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on EFX. Oppenheimer raised their price objective on Equifax from $300.00 to $315.00 and gave the company an “outperform” rating in a report on Tuesday, October 8th. Robert W. Baird upped their price objective on Equifax from $260.00 to $290.00 and gave the stock an “outperform” rating in a research note on Friday, July 19th. Citigroup raised their target price on shares of Equifax from $263.00 to $304.00 and gave the company a “buy” rating in a research note on Wednesday, July 24th. Needham & Company LLC lifted their price objective on shares of Equifax from $305.00 to $320.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. Finally, Wolfe Research initiated coverage on Equifax in a research note on Tuesday, July 9th. They set an “outperform” rating and a $275.00 target price on the stock. Four equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to MarketBeat, Equifax has an average rating of “Moderate Buy” and a consensus price target of $307.74.

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.