Exane BNP Paribas lowered shares of Equifax (NYSE:EFX) from an outperform rating to a neutral rating in a research report released on Friday morning, The Fly reports.
A number of other equities research analysts also recently weighed in on EFX. Deutsche Bank cut their price target on Equifax from $135.00 to $116.00 and set a hold rating for the company in a research note on Wednesday, April 22nd. Argus downgraded Equifax from a buy rating to a hold rating in a research note on Monday, April 6th. Barclays raised their price target on Equifax from $110.00 to $175.00 in a research note on Wednesday, June 10th. Stephens reissued a hold rating and issued a $166.00 price objective on shares of Equifax in a research note on Tuesday, April 21st. Finally, Wells Fargo & Co raised their price objective on Equifax from $144.00 to $160.00 in a research note on Wednesday, April 22nd. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and five have assigned a buy rating to the company. Equifax presently has an average rating of Hold and a consensus price target of $158.81.
EFX opened at $163.11 on Friday. Equifax has a fifty-two week low of $103.01 and a fifty-two week high of $180.07. The business has a 50-day moving average of $165.74 and a 200-day moving average of $147.27. 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 company has a market capitalization of $19.80 billion, a PE ratio of 74.14, a price-to-earnings-growth ratio of 12.38 and a beta of 1.21.
Equifax (NYSE:EFX) last posted its quarterly earnings results on Monday, April 20th. The credit services provider reported $1.40 earnings per share 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 company had revenue of $957.90 million during the quarter, compared to the consensus estimate of $907.27 million. During the same period last year, the business earned $1.20 EPS. The business’s quarterly revenue was up 13.2% on a year-over-year basis. On average, equities research analysts expect that Equifax will post 5.13 earnings per share for the current fiscal year.
In other Equifax news, insider John J. Kelley III sold 12,500 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $148.32, for a total value of $1,854,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.87% of the company’s stock.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Massachusetts Financial Services Co. MA grew its holdings in shares of Equifax by 8.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 10,558,380 shares of the credit services provider’s stock worth $1,479,440,000 after purchasing an additional 837,926 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Equifax by 9.2% during the 1st quarter. Invesco Ltd. now owns 2,607,070 shares of the credit services provider’s stock worth $311,415,000 after purchasing an additional 219,947 shares in the last quarter. Capital Research Global Investors grew its holdings in shares of Equifax by 14.3% during the 4th quarter. Capital Research Global Investors now owns 2,560,338 shares of the credit services provider’s stock worth $358,754,000 after purchasing an additional 319,663 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Equifax by 4.6% during the 1st quarter. Geode Capital Management LLC now owns 1,896,085 shares of the credit services provider’s stock worth $226,045,000 after purchasing an additional 83,177 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Equifax during the 4th quarter worth approximately $153,781,000. 95.00% of the stock is currently owned by hedge funds and other institutional investors.
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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