Equifax (EFX) Expected to Announce Quarterly Earnings on Thursday

Equifax (NYSE:EFX) is expected to be announcing its earnings results before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $2.12 per share and revenue of $1.44 billion for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Equifax Price Performance

Shares of Equifax stock opened at $271.33 on Thursday. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.96. The firm has a fifty day simple moving average of $260.31 and a 200-day simple moving average of $274.73. The stock has a market capitalization of $33.63 billion, a price-to-earnings ratio of 60.29, a PEG ratio of 2.80 and a beta of 1.57. Equifax has a 1-year low of $213.02 and a 1-year high of $309.63.

Equifax Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 22nd were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date was Friday, November 22nd. Equifax’s dividend payout ratio (DPR) is 34.67%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on EFX shares. Stifel Nicolaus cut their price objective on Equifax from $305.00 to $284.00 and set a “buy” rating for the company in a research report on Wednesday, November 20th. Morgan Stanley reduced their price objective on Equifax from $320.00 to $316.00 and set an “overweight” rating for the company in a research report on Tuesday. Wolfe Research lowered shares of Equifax from an “outperform” rating to a “peer perform” rating in a research report on Thursday, December 12th. JPMorgan Chase & Co. reduced their price target on shares of Equifax from $304.00 to $283.00 and set an “overweight” rating for the company in a report on Tuesday, November 19th. Finally, Oppenheimer dropped their price objective on shares of Equifax from $315.00 to $286.00 and set an “outperform” rating on the stock in a report on Tuesday, November 19th. Two equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $310.88.

Insider Buying and Selling at Equifax

In other news, EVP Lisa M. Nelson sold 551 shares of Equifax stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $260.39, for a total value of $143,474.89. Following the completion of the transaction, the executive vice president now owns 11,697 shares in the company, valued at approximately $3,045,781.83. The trade was a 4.50 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.66% of the company’s stock.

About Equifax

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.