Equifax Inc. (NYSE:EFX) – Research analysts at SunTrust Banks cut their FY2018 earnings estimates for Equifax in a research report issued to clients and investors on Thursday, October 25th. SunTrust Banks analyst A. Jeffrey now anticipates that the credit services provider will earn $5.72 per share for the year, down from their previous estimate of $5.80. SunTrust Banks also issued estimates for Equifax’s Q4 2018 earnings at $1.32 EPS, Q1 2019 earnings at $1.39 EPS, Q2 2019 earnings at $1.52 EPS, Q3 2019 earnings at $1.54 EPS, Q4 2019 earnings at $1.57 EPS, FY2019 earnings at $6.02 EPS and FY2020 earnings at $6.93 EPS.

Equifax (NYSE:EFX) last announced its quarterly earnings data on Wednesday, October 24th. The credit services provider reported $1.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.42 by ($0.01). The company had revenue of $834.20 million during the quarter, compared to analyst estimates of $857.51 million. Equifax had a return on equity of 21.48% and a net margin of 13.07%. During the same quarter in the previous year, the business posted $1.53 EPS.

Several other brokerages also recently issued reports on EFX. Morgan Stanley restated a “hold” rating and issued a $127.00 price objective on shares of Equifax in a research note on Thursday, September 13th. ValuEngine upgraded shares of Equifax from a “hold” rating to a “buy” rating in a research note on Tuesday, September 11th. Wells Fargo & Co raised their price objective on shares of Equifax from $140.00 to $145.00 and gave the stock an “outperform” rating in a research note on Monday, October 1st. Zacks Investment Research upgraded shares of Equifax from a “sell” rating to a “hold” rating in a research note on Friday, July 20th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Equifax from $135.00 to $150.00 and gave the stock an “overweight” rating in a research note on Friday, July 27th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $126.09.

Shares of Equifax stock opened at $97.19 on Monday. The firm has a market capitalization of $11.70 billion, a PE ratio of 16.79, a P/E/G ratio of 2.09 and a beta of 0.88. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.40 and a current ratio of 1.19. Equifax has a 1 year low of $90.54 and a 1 year high of $138.69.

A number of hedge funds have recently modified their holdings of the stock. Enterprise Financial Services Corp bought a new position in Equifax in the third quarter worth $114,000. Sawtooth Solutions LLC bought a new position in Equifax in the third quarter worth $215,000. Russell Investments Group Ltd. lifted its position in Equifax by 92.1% in the third quarter. Russell Investments Group Ltd. now owns 20,037 shares of the credit services provider’s stock worth $2,615,000 after purchasing an additional 9,605 shares during the period. Robeco Institutional Asset Management B.V. lifted its position in Equifax by 39.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 10,211 shares of the credit services provider’s stock worth $1,333,000 after purchasing an additional 2,885 shares during the period. Finally, First Trust Advisors LP lifted its position in Equifax by 20.1% in the third quarter. First Trust Advisors LP now owns 34,233 shares of the credit services provider’s stock worth $4,470,000 after purchasing an additional 5,730 shares during the period. 92.05% of the stock is owned by hedge funds and other institutional investors.

Equifax Company Profile

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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Earnings History and Estimates for Equifax (NYSE:EFX)

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