Equifax (EFX) Receiving Somewhat Critical News Coverage, Report Finds
Media coverage about Equifax (NYSE:EFX) has trended somewhat negative this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Equifax earned a coverage optimism score of -0.09 on Accern’s scale. Accern also assigned media headlines about the credit services provider an impact score of 41.38545696007 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news stories that may have effected Accern’s scoring:
- Robbins Geller and Hagens Berman File Comprehensive Multi-State Class Action Lawsuit Against Equifax for Massive Data Breach (finance.yahoo.com)
- [$$] Equifax Hack Upends CEO’s Drive to Be a Data Powerhouse (finance.yahoo.com)
- Hackers sneaked Into Equifax Systems in March (foxbusiness.com)
- Morning Sector Snapshot: Equifax, Data Processors Up, Utilities Down (finance.yahoo.com)
- Public shaming likely but GOP wary of new laws after Equifax (finance.yahoo.com)
Shares of Equifax (NYSE:EFX) opened at 105.04 on Friday. The company has a 50 day moving average price of $133.48 and a 200 day moving average price of $136.54. Equifax has a 52 week low of $89.59 and a 52 week high of $147.02. The company has a market cap of $12.64 billion, a PE ratio of 22.25 and a beta of 0.93.
Equifax (NYSE:EFX) last announced its earnings results on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.57 by $0.03. Equifax had a return on equity of 24.88% and a net margin of 17.44%. The business had revenue of $856.70 million for the quarter, compared to analyst estimates of $860.48 million. During the same quarter last year, the firm earned $1.43 EPS. Equifax’s revenue for the quarter was up 5.6% compared to the same quarter last year. On average, equities analysts expect that Equifax will post $6.00 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, August 25th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend was Wednesday, August 23rd. Equifax’s dividend payout ratio is presently 33.05%.
A number of equities analysts have recently weighed in on EFX shares. Argus started coverage on Equifax in a report on Tuesday, June 13th. They issued a “buy” rating and a $166.00 target price on the stock. BidaskClub upgraded Equifax from a “hold” rating to a “buy” rating in a report on Saturday, June 17th. Zacks Investment Research downgraded Equifax from a “buy” rating to a “hold” rating in a report on Monday, July 17th. Morgan Stanley reiterated an “equal weight” rating and issued a $144.00 target price (up previously from $142.00) on shares of Equifax in a report on Tuesday, July 18th. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a $160.00 target price (up previously from $140.00) on shares of Equifax in a report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company. Equifax presently has a consensus rating of “Buy” and an average target price of $133.73.
In other Equifax news, insider Joseph Michael Loughran III sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $146.02, for a total transaction of $584,080.00. Following the transaction, the insider now owns 42,723 shares of the company’s stock, valued at approximately $6,238,412.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Rodolfo O. Ploder sold 1,719 shares of the business’s stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $145.70, for a total value of $250,458.30. Following the transaction, the insider now directly owns 43,648 shares in the company, valued at approximately $6,359,513.60. The disclosure for this sale can be found here. Insiders have sold a total of 12,219 shares of company stock worth $1,780,938 in the last ninety days. Insiders own 1.29% of the company’s stock.
Equifax Company Profile
Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
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