BNP Paribas cut shares of Equifax (NYSE:EFX) from an outperform rating to a neutral rating in a research report report published on Friday morning, Briefing.com Automated Import reports. The firm currently has $175.00 price objective on the credit services provider’s stock.
A number of other equities analysts have also issued reports on EFX. Morgan Stanley upped their target price on Equifax from $145.00 to $153.00 and gave the company an equal weight rating in a research report on Tuesday, June 9th. Atlantic Securities downgraded shares of Equifax from an overweight rating to a neutral rating and set a $151.00 price objective on the stock. in a research note on Friday, May 15th. Barclays boosted their target price on shares of Equifax from $110.00 to $175.00 in a research report on Wednesday, June 10th. SunTrust Banks lowered shares of Equifax from a buy rating to a hold rating and set a $165.00 target price on the stock. in a research note on Tuesday, June 9th. Finally, Credit Suisse Group lifted their price target on Equifax from $142.00 to $175.00 and gave the stock an outperform rating in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of Hold and an average price target of $158.81.
Equifax stock traded up $1.32 during midday trading on Friday, hitting $163.11. 679,600 shares of the stock were exchanged, compared to its average volume of 778,606. Equifax has a 1 year low of $103.01 and a 1 year high of $180.07. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market cap of $19.64 billion, a P/E ratio of 74.14, a P/E/G ratio of 12.28 and a beta of 1.21. The company has a 50 day moving average price of $165.74 and a two-hundred day moving average price of $147.27.
Equifax (NYSE:EFX) last announced its earnings results on Monday, April 20th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.29 by $0.11. Equifax had a return on equity of 27.87% and a net margin of 7.45%. The business had revenue of $957.90 million for the quarter, compared to analyst estimates of $907.27 million. During the same period in the previous year, the company earned $1.20 earnings per share. The company’s revenue for the quarter was up 13.2% compared to the same quarter last year. As a group, analysts predict that Equifax will post 5.13 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 22nd were issued a $0.39 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.96%. Equifax’s dividend payout ratio (DPR) is presently 27.76%.
In other Equifax news, insider John J. Kelley III sold 12,500 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $148.32, for a total transaction of $1,854,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.87% of the company’s stock.
A number of institutional investors and hedge funds have recently bought and sold shares of EFX. Contravisory Investment Management Inc. raised its stake in Equifax by 5.6% during the 2nd quarter. Contravisory Investment Management Inc. now owns 2,745 shares of the credit services provider’s stock valued at $466,000 after acquiring an additional 145 shares in the last quarter. Sanders Morris Harris LLC acquired a new position in shares of Equifax during the second quarter valued at $361,000. Envestnet Asset Management Inc. raised its stake in shares of Equifax by 35.4% during the second quarter. Envestnet Asset Management Inc. now owns 60,767 shares of the credit services provider’s stock valued at $10,445,000 after purchasing an additional 15,879 shares in the last quarter. DNB Asset Management AS grew its position in Equifax by 4.9% in the 2nd quarter. DNB Asset Management AS now owns 20,523 shares of the credit services provider’s stock valued at $3,527,000 after buying an additional 962 shares in the last quarter. Finally, Private Trust Co. NA increased its stake in Equifax by 5.2% during the 2nd quarter. Private Trust Co. NA now owns 2,589 shares of the credit services provider’s stock valued at $445,000 after buying an additional 128 shares during the period. Hedge funds and other institutional investors own 95.00% of the company’s stock.
Equifax Company Profile
Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.
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