William Blair Weighs in on Equifax, Inc.’s Q1 2018 Earnings (EFX)

Equifax, Inc. (NYSE:EFX) – Stock analysts at William Blair issued their Q1 2018 earnings estimates for shares of Equifax in a note issued to investors on Friday. William Blair analyst T. Mchugh anticipates that the credit services provider will post earnings per share of $1.57 for the quarter. William Blair also issued estimates for Equifax’s Q2 2018 earnings at $1.79 EPS, Q3 2018 earnings at $1.69 EPS and Q4 2018 earnings at $1.68 EPS.

Other equities research analysts also recently issued reports about the stock. SunTrust Banks, Inc. boosted their target price on shares of Equifax from $110.00 to $155.00 in a report on Friday. BidaskClub upgraded shares of Equifax from a “hold” rating to a “buy” rating in a report on Saturday, June 17th. Argus started coverage on shares of Equifax in a report on Tuesday, June 13th. They issued a “buy” rating and a $166.00 target price for the company. J P Morgan Chase & Co restated a “buy” rating on shares of Equifax in a report on Friday, September 8th. Finally, Royal Bank Of Canada restated a “buy” rating on shares of Equifax in a report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the stock. Equifax has a consensus rating of “Buy” and a consensus price target of $138.80.

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Shares of Equifax (EFX) opened at 94.38 on Monday. The firm has a market capitalization of $11.36 billion, a price-to-earnings ratio of 19.99 and a beta of 0.93. Equifax has a 12-month low of $89.59 and a 12-month high of $147.02. The firm’s 50-day moving average is $134.93 and its 200-day moving average is $136.82.

Equifax (NYSE:EFX) last posted its quarterly earnings data on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.57 by $0.03. The firm had revenue of $856.70 million during 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%. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the company posted $1.43 EPS.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, August 25th were paid a dividend of $0.39 per share. The ex-dividend date was Wednesday, August 23rd. This represents a $1.56 annualized dividend and a yield of 1.65%. Equifax’s dividend payout ratio is currently 33.05%.

In other news, insider Joseph Michael Loughran III sold 4,000 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $146.02, for a total value of $584,080.00. Following the completion of the transaction, the insider now directly owns 42,723 shares in the company, valued at $6,238,412.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO John W. Gamble, Jr. sold 6,500 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $145.60, for a total transaction of $946,400.00. Following the completion of the transaction, the chief financial officer now owns 42,078 shares of the company’s stock, valued at $6,126,556.80. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,219 shares of company stock valued at $1,780,938. 1.29% of the stock is owned by insiders.

Hedge funds have recently made changes to their positions in the company. YorkBridge Wealth Partners LLC boosted its stake in shares of Equifax by 5.0% in the second 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 during the period. Sun Life Financial INC boosted its stake in shares of Equifax by 9,722.2% in the second 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 during the period. IFP Advisors Inc boosted its stake in shares of Equifax by 24.6% in the second quarter. IFP Advisors Inc now owns 928 shares of the credit services provider’s stock valued at $128,000 after purchasing an additional 183 shares during the period. ETF Managers Group LLC purchased a new position in shares of Equifax in the second quarter valued at $137,000. Finally, SNS Financial Group LLC purchased a new position in shares of Equifax in the second quarter valued at $200,000. Institutional investors and hedge funds own 90.00% 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.

Earnings History and Estimates for Equifax (NYSE:EFX)

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