Equifax (NYSE:EFX) PT Raised to $333.00

Equifax (NYSE:EFX) had its target price lifted by Robert W. Baird from $290.00 to $333.00 in a research report sent to investors on Friday, Benzinga reports. Robert W. Baird currently has an outperform rating on the credit services provider’s stock.

Several other equities analysts also recently commented on EFX. Morgan Stanley raised their target price on Equifax from $250.00 to $271.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 12th. Wells Fargo & Company cut their price objective on Equifax from $375.00 to $350.00 and set an “overweight” rating for the company in a report on Friday. BNP Paribas upgraded shares of Equifax from an “underperform” rating to a “neutral” rating and set a $310.00 target price on the stock in a research note on Thursday, September 19th. Oppenheimer increased their target price on shares of Equifax from $300.00 to $315.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 8th. Finally, Wolfe Research began coverage on shares of Equifax in a research report on Tuesday, July 9th. They issued an “outperform” rating and a $275.00 price target on the stock. Four analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $310.47.

Equifax Trading Down 2.2 %

Shares of Equifax stock opened at $275.76 on Friday. Equifax has a 52-week low of $159.95 and a 52-week high of $309.63. The firm has a market capitalization of $34.09 billion, a PE ratio of 61.10, a price-to-earnings-growth ratio of 2.00 and a beta of 1.58. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.79 and a quick ratio of 0.79. The company’s fifty day moving average price is $294.95 and its two-hundred day moving average price is $263.04.

Equifax (NYSE:EFX) last posted its earnings results on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates of $1.84 by $0.01. Equifax had a net margin of 10.67% and a return on equity of 18.88%. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter in the previous year, the firm posted $1.76 earnings per share. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. On average, analysts expect that Equifax will post 7.36 EPS for the current year.

Equifax Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Tuesday, September 3rd were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.57%. The ex-dividend date was Tuesday, September 3rd. Equifax’s dividend payout ratio is 34.74%.

Insiders Place Their Bets

In other Equifax news, EVP Carla Chaney sold 3,000 shares of the company’s stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $281.85, for a total transaction of $845,550.00. Following the transaction, the executive vice president now directly owns 10,875 shares in the company, valued at approximately $3,065,118.75. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.57% of the company’s stock.

Institutional Trading of Equifax

Several institutional investors and hedge funds have recently made changes to their positions in EFX. EntryPoint Capital LLC bought a new position in shares of Equifax in the 1st quarter worth $30,000. OFI Invest Asset Management acquired a new position in Equifax in the first quarter valued at about $31,000. Tortoise Investment Management LLC boosted its holdings in Equifax by 76.1% during the second quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider’s stock worth $30,000 after buying an additional 54 shares during the last quarter. Mascoma Wealth Management LLC acquired a new position in shares of Equifax during the 2nd quarter worth about $30,000. Finally, Crewe Advisors LLC increased its stake in shares of Equifax by 138.2% in the 2nd quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider’s stock valued at $32,000 after acquiring an additional 76 shares during the last quarter. Institutional investors own 96.20% 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.