Analysts Set Equifax Inc. (EFX) PT at $126.92
Shares of Equifax Inc. (NYSE:EFX) have received a consensus recommendation of “Buy” from the eighteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Nine investment analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $126.92.
A number of brokerages recently weighed in on EFX. SunTrust Banks boosted their price objective on shares of Equifax to $140.00 and gave the stock a “buy” rating in a report on Monday, March 5th. Wells Fargo & Co restated a “buy” rating and issued a $132.00 price objective (up from $127.00) on shares of Equifax in a report on Monday, March 5th. Royal Bank of Canada decreased their price objective on shares of Equifax to $121.00 and set a “sector perform” rating for the company in a report on Monday, March 5th. Barclays decreased their price objective on shares of Equifax from $120.00 to $128.00 and set an “equal weight” rating for the company in a report on Monday, March 5th. Finally, William Blair restated an “outperform” rating on shares of Equifax in a report on Thursday, March 1st.
A number of institutional investors and hedge funds have recently made changes to their positions in EFX. Capital International Investors purchased a new stake in Equifax during the 3rd quarter valued at $513,940,000. Viking Global Investors LP raised its stake in Equifax by 334.5% during the 4th quarter. Viking Global Investors LP now owns 2,336,753 shares of the credit services provider’s stock valued at $275,550,000 after buying an additional 1,798,947 shares during the last quarter. Two Sigma Advisers LP grew its position in shares of Equifax by 382.6% during the 4th quarter. Two Sigma Advisers LP now owns 1,556,654 shares of the credit services provider’s stock valued at $183,561,000 after acquiring an additional 1,234,096 shares during the period. Iridian Asset Management LLC CT bought a new stake in shares of Equifax during the 4th quarter valued at $104,558,000. Finally, OppenheimerFunds Inc. grew its position in shares of Equifax by 74.7% during the 4th quarter. OppenheimerFunds Inc. now owns 2,029,934 shares of the credit services provider’s stock valued at $239,369,000 after acquiring an additional 867,664 shares during the period. Institutional investors and hedge funds own 93.35% of the company’s stock.
Equifax (NYSE:EFX) last announced its quarterly earnings data on Thursday, March 1st. The credit services provider reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.04. Equifax had a net margin of 17.47% and a return on equity of 23.31%. The company had revenue of $838.50 million during the quarter, compared to analyst estimates of $825.70 million. During the same period in the previous year, the business earned $1.42 EPS. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. equities research analysts predict that Equifax will post 5.92 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Monday, March 12th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, March 9th. This represents a $1.56 dividend on an annualized basis and a yield of 1.25%. Equifax’s dividend payout ratio is presently 32.30%.
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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