Equifax Inc. (EFX) Sets New 1-Year High at $136.97
Equifax Inc. (NYSE:EFX)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $136.97 and last traded at $136.16, with a volume of 343,971 shares. The stock had previously closed at $136.43.
Several equities analysts recently issued reports on EFX shares. Cowen and Company started coverage on Equifax in a report on Wednesday, March 30th. They set an “outperform” rating and a $126.00 price objective for the company. Robert W. Baird reaffirmed a “hold” rating on shares of Equifax in a report on Friday, April 1st. William Blair began coverage on Equifax in a report on Friday, April 8th. They issued an “outperform” rating for the company. Stifel Nicolaus boosted their price target on Equifax from $120.00 to $126.00 and gave the stock a “buy” rating in a report on Tuesday, April 12th. Finally, Royal Bank Of Canada boosted their price target on Equifax from $125.00 to $126.00 and gave the stock an “outperform” rating in a report on Tuesday, April 26th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $124.13.
The firm has a market capitalization of $15.80 billion and a PE ratio of 36.17. The company’s 50-day moving average is $128.74 and its 200-day moving average is $116.18.
Equifax (NYSE:EFX) last released its earnings results on Wednesday, July 27th. The company reported $1.43 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.36 by $0.07. The business earned $811.30 million during the quarter, compared to analysts’ expectations of $802.85 million. Equifax’s revenue for the quarter was up 19.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.15 EPS. Equities research analysts predict that Equifax Inc. will post $5.22 EPS for the current fiscal year.
In other Equifax news, CEO Richard F. Smith sold 190,000 shares of the firm’s stock in a transaction dated Wednesday, May 11th. The stock was sold at an average price of $122.63, for a total transaction of $23,299,700.00. Following the transaction, the chief executive officer now directly owns 394,796 shares in the company, valued at $48,413,833.48. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Paulino R. Barros sold 5,050 shares of the firm’s stock in a transaction dated Tuesday, May 31st. The shares were sold at an average price of $125.55, for a total value of $634,027.50. Following the transaction, the insider now owns 20,356 shares in the company, valued at $2,555,695.80. The disclosure for this sale can be found here.
A number of institutional investors recently bought and sold shares of EFX. Victory Capital Management Inc. raised its position in Equifax by 22.0% in the fourth quarter. Victory Capital Management Inc. now owns 9,937 shares of the company’s stock valued at $1,107,000 after buying an additional 1,791 shares during the period. Advantus Capital Management Inc increased its stake in shares of Equifax by 3.3% in the fourth quarter. Advantus Capital Management Inc now owns 11,504 shares of the company’s stock valued at $1,281,000 after buying an additional 364 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its stake in shares of Equifax by 4.5% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 15,719 shares of the company’s stock valued at $1,751,000 after buying an additional 683 shares in the last quarter. MUFG Americas Holdings Corp increased its stake in shares of Equifax by 125.2% in the fourth quarter. MUFG Americas Holdings Corp now owns 17,342 shares of the company’s stock valued at $1,932,000 after buying an additional 9,641 shares in the last quarter. Finally, TrimTabs Asset Management LLC increased its stake in shares of Equifax by 1.9% in the fourth quarter. TrimTabs Asset Management LLC now owns 22,788 shares of the company’s stock valued at $2,538,000 after buying an additional 426 shares in the last quarter.
Equifax Inc is a provider of 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 Personal Solutions. USIS provides consumer and commercial information solutions to businesses in the United States, including online information, decisioning technology solutions, fraud and identity management services, portfolio management services, mortgage reporting and financial marketing services.
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