Barclays PLC restated their overweight rating on shares of Equifax, Inc. (NYSE:EFX) in a report issued on Thursday. The brokerage currently has a $115.00 target price on the credit services provider’s stock, down from their prior target price of $150.00.
Other equities analysts have also recently issued reports about the stock. BidaskClub raised shares of Equifax from a hold rating to a buy rating in a research note on Saturday, June 17th. Argus initiated coverage on shares of Equifax in a research note on Tuesday, June 13th. They set a buy rating and a $166.00 price target on the stock. J P Morgan Chase & Co reaffirmed a buy rating on shares of Equifax in a research note on Friday, September 8th. Royal Bank Of Canada reaffirmed a buy rating on shares of Equifax in a research note on Wednesday, August 9th. Finally, Cowen and Company reaffirmed a buy rating and set a $151.00 price target on shares of Equifax in a research note on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of Buy and an average target price of $137.93.
Shares of Equifax (NYSE:EFX) opened at 92.98 on Thursday. The company’s 50-day moving average is $136.38 and its 200-day moving average is $137.03. Equifax has a one year low of $89.59 and a one year high of $147.02. The stock has a market capitalization of $11.19 billion, a P/E ratio of 19.69 and a beta of 0.93.
Equifax (NYSE:EFX) last announced its quarterly earnings data on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.03. The company had revenue of $856.70 million for the quarter, compared to analysts’ expectations of $860.48 million. Equifax had a net margin of 17.44% and a return on equity of 24.88%. Equifax’s revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.43 EPS. On average, equities research analysts anticipate that Equifax will post $6.06 earnings per share for the current year.
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The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, August 25th were given a $0.39 dividend. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $1.56 annualized dividend and a dividend yield of 1.68%. Equifax’s dividend payout ratio is presently 33.05%.
In other Equifax news, insider Rodolfo O. Ploder sold 1,719 shares of the company’s stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $145.70, for a total value of $250,458.30. Following the transaction, the insider now directly owns 43,648 shares in the company, valued at approximately $6,359,513.60. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Joseph Michael Loughran III sold 4,000 shares of the company’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $146.02, for a total transaction of $584,080.00. Following the completion of the transaction, the insider now owns 42,723 shares in the company, valued at $6,238,412.46. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,219 shares of company stock worth $1,780,938. 1.29% of the stock is owned by insiders.
Large investors have recently added to or reduced their stakes in the business. ETF Managers Group LLC purchased a new position in Equifax in the 2nd quarter valued at about $137,000. IFP Advisors Inc lifted its holdings in Equifax by 9.4% in the 1st quarter. IFP Advisors Inc now owns 745 shares of the credit services provider’s stock valued at $102,000 after purchasing an additional 64 shares in the last quarter. YorkBridge Wealth Partners LLC lifted its holdings in Equifax by 5.0% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 781 shares of the credit services provider’s stock valued at $108,000 after purchasing an additional 37 shares in the last quarter. Sun Life Financial INC lifted its holdings in Equifax by 9,722.2% in the 2nd quarter. Sun Life Financial INC now owns 884 shares of the credit services provider’s stock valued at $121,000 after purchasing an additional 875 shares in the last quarter. Finally, SNS Financial Group LLC purchased a new position in Equifax in the 2nd quarter valued at about $200,000. Institutional investors own 90.02% of the company’s stock.
Equifax Company Profile
Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
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