Equifax, Inc. (NYSE:EFX)‘s stock had its “buy” rating restated by equities researchers at Stifel Nicolaus in a research note issued to investors on Friday. They presently have a $149.00 price target on the credit services provider’s stock. Stifel Nicolaus’ price target would indicate a potential upside of 20.91% from the stock’s previous close.
EFX has been the topic of a number of other research reports. Morgan Stanley cut their target price on shares of Equifax from $144.00 to $140.00 and set an “equal weight” rating on the stock in a research note on Friday. Deutsche Bank AG restated a “buy” rating and issued a $160.00 target price (up previously from $140.00) on shares of Equifax in a research note on Thursday, July 27th. BidaskClub lowered shares of Equifax from a “buy” rating to a “hold” rating in a research note on Tuesday, June 27th. Royal Bank Of Canada reiterated a “buy” rating on shares of Equifax in a research note on Wednesday, August 9th. Finally, Argus initiated coverage on shares of Equifax in a research note on Tuesday, June 13th. They set a “buy” rating and a $166.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $147.50.
Shares of Equifax (NYSE EFX) opened at 123.23 on Friday. The firm has a market capitalization of $14.83 billion, a PE ratio of 26.10 and a beta of 0.93. The firm has a 50-day moving average price of $142.22 and a 200-day moving average price of $137.96. Equifax has a 1-year low of $110.87 and a 1-year high of $147.02.
Equifax (NYSE:EFX) last issued its quarterly earnings data on Wednesday, July 26th. The credit services provider reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.03. The firm had revenue of $856.70 million for the quarter, compared to analyst estimates of $860.48 million. Equifax had a net margin of 17.44% and a return on equity of 24.88%. The firm’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.43 EPS. On average, analysts forecast that Equifax will post $6.08 EPS for the current fiscal year.
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In other Equifax news, CFO John W. Gamble, Jr. sold 6,500 shares of the company’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $145.60, for a total value of $946,400.00. Following the completion of the transaction, the chief financial officer now owns 42,078 shares in the company, valued at approximately $6,126,556.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Joseph Michael Loughran III sold 4,000 shares of the company’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $146.02, for a total transaction of $584,080.00. Following the completion of the transaction, the insider now owns 42,723 shares of the company’s stock, valued at approximately $6,238,412.46. The disclosure for this sale can be found here. In the last 90 days, insiders sold 12,219 shares of company stock valued at $1,780,938. 1.29% of the stock is owned by insiders.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Intl Fcstone Inc. bought a new position in shares of Equifax in the second quarter valued at approximately $1,438,000. Sentry Investment Management LLC boosted its holdings in shares of Equifax by 1.4% in the second quarter. Sentry Investment Management LLC now owns 7,057 shares of the credit services provider’s stock valued at $970,000 after acquiring an additional 96 shares in the last quarter. Toronto Dominion Bank boosted its holdings in shares of Equifax by 25.9% in the second quarter. Toronto Dominion Bank now owns 40,718 shares of the credit services provider’s stock valued at $5,594,000 after acquiring an additional 8,364 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of Equifax in the second quarter valued at approximately $1,055,000. Finally, Public Employees Retirement System of Ohio boosted its holdings in shares of Equifax by 2.0% in the second quarter. Public Employees Retirement System of Ohio now owns 51,898 shares of the credit services provider’s stock valued at $7,132,000 after acquiring an additional 1,026 shares in the last quarter. Hedge funds and other institutional investors own 90.01% 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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