Equifax, Inc. (NYSE:EFX) had its price objective upped by Royal Bank Of Canada from $113.00 to $114.00 in a research report report published on Monday. They currently have a sector perform rating on the credit services provider’s stock.
A number of other brokerages have also issued reports on EFX. Cowen and Company reiterated a buy rating and set a $151.00 target price on shares of Equifax in a research report on Friday, July 28th. Morgan Stanley reiterated an equal weight rating and set a $144.00 target price (up from $142.00) on shares of Equifax in a research report on Tuesday, July 18th. Stifel Nicolaus reiterated a buy rating and set a $149.00 target price on shares of Equifax in a research report on Friday, September 8th. Zacks Investment Research lowered shares of Equifax from a buy rating to a hold rating in a research report on Monday, July 17th. Finally, Wells Fargo & Company set a $127.00 target price on shares of Equifax and gave the stock a buy rating in a research report on Friday, October 6th. Eight analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of $128.07.
Equifax (NYSE EFX) traded up $0.05 during midday trading on Monday, reaching $108.79. 1,657,600 shares of the company were exchanged, compared to its average volume of 1,634,136. The company has a market capitalization of $13,057.43, a PE ratio of 18.15, a P/E/G ratio of 1.82 and a beta of 0.93. Equifax has a twelve month low of $89.59 and a twelve month high of $147.02. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.67 and a current ratio of 0.67.
Equifax (NYSE:EFX) last released its quarterly earnings results on Thursday, November 9th. The credit services provider reported $1.53 EPS for the quarter, beating the Zacks’ consensus estimate of $1.49 by $0.04. The firm had revenue of $834.80 million for the quarter, compared to analyst estimates of $847.28 million. Equifax had a net margin of 16.18% and a return on equity of 24.45%. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.44 earnings per share. equities analysts predict that Equifax will post 5.97 EPS for the current year.
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The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 24th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date is Wednesday, November 22nd. Equifax’s dividend payout ratio (DPR) is 35.29%.
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of Equifax by 3.2% during the second quarter. Vanguard Group Inc. now owns 11,801,839 shares of the credit services provider’s stock worth $1,621,809,000 after buying an additional 368,255 shares during the last quarter. BlackRock Inc. raised its stake in shares of Equifax by 7.0% during the second quarter. BlackRock Inc. now owns 9,933,776 shares of the credit services provider’s stock worth $1,365,099,000 after buying an additional 653,096 shares during the last quarter. FMR LLC increased its stake in Equifax by 5.8% in the second quarter. FMR LLC now owns 6,046,517 shares of the credit services provider’s stock valued at $830,912,000 after purchasing an additional 329,481 shares in the last quarter. Janus Henderson Group PLC increased its stake in Equifax by 11,042.5% in the second quarter. Janus Henderson Group PLC now owns 1,729,992 shares of the credit services provider’s stock valued at $237,735,000 after purchasing an additional 1,714,466 shares in the last quarter. Finally, Burgundy Asset Management Ltd. increased its stake in Equifax by 0.7% in the second quarter. Burgundy Asset Management Ltd. now owns 1,683,442 shares of the credit services provider’s stock valued at $231,339,000 after purchasing an additional 11,216 shares in the last quarter. 87.25% of the stock is owned by institutional investors and hedge funds.
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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