Research Analysts’ Recent Ratings Updates for Equifax (EFX)

Several brokerages have updated their recommendations and price targets on shares of Equifax (NYSE: EFX) in the last few weeks:

• 10/18/2024 – Equifax had its “buy” rating reaffirmed by analysts at Wells Fargo & Company.
• 10/18/2024 – Equifax had its price target raised by analysts at JPMorgan Chase & Co. from $300.00 to $304.00. They now have an “overweight” rating on the stock.
• 10/18/2024 – Equifax had its price target lowered by analysts at Wells Fargo & Company from $375.00 to $350.00. They now have an “overweight” rating on the stock.
• 10/18/2024 – Equifax had its price target raised by analysts at Robert W. Baird from $290.00 to $333.00. They now have an “outperform” rating on the stock.
• 10/18/2024 – Equifax had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $350.00 price target on the stock.
• 10/8/2024 – Equifax had its price target raised by analysts at Oppenheimer Holdings Inc. from $300.00 to $315.00. They now have an “outperform” rating on the stock.
• 10/2/2024 – Equifax had its price target raised by analysts at Wells Fargo & Company from $340.00 to $375.00. They now have an “overweight” rating on the stock.
• 10/1/2024 – Equifax is now covered by analysts at UBS Group AG. They set a “buy” rating and a $360.00 price target on the stock.
• 9/19/2024 – Equifax was upgraded by analysts at BNP Paribas from an “underperform” rating to a “neutral” rating. They now have a $310.00 price target on the stock.
• 9/13/2024 – Equifax had its price target raised by analysts at Barclays PLC from $300.00 to $380.00. They now have an “overweight” rating on the stock.
• 9/12/2024 – Equifax had its price target raised by analysts at Morgan Stanley from $250.00 to $271.00. They now have an “equal weight” rating on the stock.

Equifax Trading Down 0.1 %

Shares of EFX opened at $271.76 on Thursday. The firm has a market cap of $33.59 billion, a price-to-earnings ratio of 60.53, a PEG ratio of 2.00 and a beta of 1.58. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.79 and a current ratio of 0.79. Equifax Inc. has a fifty-two week low of $159.95 and a fifty-two week high of $309.63. The firm has a 50 day moving average price of $294.38 and a 200-day moving average price of $263.32.

Equifax (NYSE:EFX) last announced its quarterly earnings results on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.84 by $0.01. The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.44 billion. Equifax had a net margin of 10.67% and a return on equity of 18.88%. The firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.76 EPS. As a group, equities research analysts forecast that Equifax Inc. will post 7.36 earnings per share for the current year.

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 paid a $0.39 dividend. The ex-dividend date was Tuesday, September 3rd. This represents a $1.56 annualized dividend and a dividend yield of 0.57%. Equifax’s payout ratio is presently 34.74%.

Insider Buying and Selling

In related news, EVP Carla Chaney sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $281.85, for a total value of $845,550.00. Following the sale, the executive vice president now directly owns 10,875 shares of the company’s stock, valued at $3,065,118.75. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.57% of the stock is owned by insiders.

Institutional Trading of Equifax

Several large investors have recently modified their holdings of EFX. Capital International Investors boosted its position in Equifax by 2.5% during the 1st quarter. Capital International Investors now owns 14,045,398 shares of the credit services provider’s stock valued at $3,757,425,000 after acquiring an additional 342,170 shares in the last quarter. Vanguard Group Inc. boosted its position in Equifax by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 14,033,448 shares of the credit services provider’s stock valued at $3,754,228,000 after acquiring an additional 137,961 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Equifax by 4.9% during the second quarter. Massachusetts Financial Services Co. MA now owns 4,276,798 shares of the credit services provider’s stock valued at $1,036,952,000 after purchasing an additional 200,665 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in shares of Equifax by 2.4% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,044,561 shares of the credit services provider’s stock valued at $738,184,000 after purchasing an additional 70,091 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of Equifax by 72.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,514,093 shares of the credit services provider’s stock valued at $405,051,000 after purchasing an additional 633,887 shares during the last quarter. 96.20% of the stock is owned by institutional investors.

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.