Analysts Expect Equifax Inc. (EFX) to Announce $1.37 Earnings Per Share

Wall Street brokerages predict that Equifax Inc. (NYSE:EFX) will report $1.37 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Equifax’s earnings, with the lowest EPS estimate coming in at $1.33 and the highest estimate coming in at $1.50. Equifax reported earnings per share of $1.56 in the same quarter last year, which would suggest a negative year over year growth rate of 12.2%. The business is scheduled to report its next quarterly earnings results on Wednesday, July 24th.

On average, analysts expect that Equifax will report full year earnings of $5.64 per share for the current year, with EPS estimates ranging from $5.60 to $5.70. For the next year, analysts forecast that the firm will post earnings of $6.17 per share, with EPS estimates ranging from $6.01 to $6.30. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Equifax.

Equifax (NYSE:EFX) last announced its earnings results on Friday, May 10th. The credit services provider reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.01. Equifax had a negative net margin of 10.23% and a positive return on equity of 21.95%. The business had revenue of $846.10 million during the quarter, compared to analyst estimates of $850.07 million. During the same period in the previous year, the business posted $1.43 earnings per share. Equifax’s revenue for the quarter was down 2.3% on a year-over-year basis.

Several equities research analysts have issued reports on EFX shares. Zacks Investment Research upgraded shares of Equifax from a “sell” rating to a “hold” rating in a research report on Wednesday. Credit Suisse Group lifted their target price on shares of Equifax from $125.00 to $130.00 and gave the stock an “outperform” rating in a research note on Friday, February 22nd. Barclays reiterated a “hold” rating and issued a $125.00 price target on shares of Equifax in a report on Monday, May 6th. Deutsche Bank cut shares of Equifax from a “buy” rating to a “hold” rating and cut their price target for the company from $128.00 to $110.00 in a report on Tuesday, February 5th. They noted that the move was a valuation call. Finally, BNP Paribas initiated coverage on shares of Equifax in a report on Friday, March 15th. They issued an “underperform” rating and a $106.00 price target on the stock. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the stock. Equifax currently has an average rating of “Hold” and an average target price of $121.27.

Several hedge funds have recently made changes to their positions in the company. Butensky & Cohen Financial Security Inc. boosted its stake in Equifax by 12.6% in the 4th quarter. Butensky & Cohen Financial Security Inc. now owns 12,935 shares of the credit services provider’s stock worth $1,205,000 after purchasing an additional 1,445 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Equifax by 49.4% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 5,910,763 shares of the credit services provider’s stock worth $550,470,000 after purchasing an additional 1,954,808 shares in the last quarter. Morningstar Investment Services LLC boosted its stake in Equifax by 55.2% in the 4th quarter. Morningstar Investment Services LLC now owns 4,421 shares of the credit services provider’s stock worth $412,000 after purchasing an additional 1,572 shares in the last quarter. Cantillon Capital Management LLC boosted its stake in Equifax by 0.7% in the 4th quarter. Cantillon Capital Management LLC now owns 2,421,681 shares of the credit services provider’s stock worth $225,531,000 after purchasing an additional 15,943 shares in the last quarter. Finally, Vanguard Group Inc boosted its stake in Equifax by 0.5% in the 3rd quarter. Vanguard Group Inc now owns 12,212,967 shares of the credit services provider’s stock worth $1,594,647,000 after purchasing an additional 65,505 shares in the last quarter. Hedge funds and other institutional investors own 92.96% of the company’s stock.

Equifax stock traded up $0.45 during mid-day trading on Wednesday, hitting $119.14. 315,775 shares of the company traded hands, compared to its average volume of 914,389. Equifax has a one year low of $88.68 and a one year high of $138.69. The firm has a market cap of $14.07 billion, a PE ratio of 20.58, a PEG ratio of 2.42 and a beta of 1.25. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.57 and a quick ratio of 1.09.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 24th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date is Thursday, May 23rd. Equifax’s dividend payout ratio (DPR) is presently 26.94%.

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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