Argus started coverage on shares of Equifax, Inc. (NYSE:EFX) in a report published on Tuesday morning, Marketbeat.com reports. The firm issued a buy rating and a $166.00 target price on the credit services provider’s stock.
Other equities research analysts have also issued reports about the stock. Stifel Nicolaus lifted their price target on shares of Equifax from $144.00 to $149.00 and gave the company a buy rating in a report on Wednesday, March 22nd. Stephens lowered shares of Equifax from an overweight rating to an equal weight rating in a report on Friday, April 28th. Royal Bank Of Canada reaffirmed a buy rating and set a $144.00 price target on shares of Equifax in a report on Thursday, March 30th. Atlantic Securities began coverage on shares of Equifax in a report on Thursday, March 23rd. They set an overweight rating and a $156.00 price target on the stock. Finally, Zacks Investment Research raised shares of Equifax from a sell rating to a hold rating in a report on Tuesday, February 14th. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company’s stock. Equifax presently has an average rating of Buy and a consensus target price of $141.50.
Equifax (NYSE EFX) opened at 142.58 on Tuesday. The firm has a market capitalization of $17.14 billion, a price-to-earnings ratio of 32.04 and a beta of 0.89. The firm has a 50-day moving average of $137.01 and a 200-day moving average of $129.19. Equifax has a 52-week low of $110.87 and a 52-week high of $143.09.
Equifax (NYSE:EFX) last released its earnings results on Wednesday, April 26th. The credit services provider reported $1.44 EPS for the quarter, beating the consensus estimate of $1.41 by $0.03. Equifax had a net margin of 16.62% and a return on equity of 25.20%. The firm had revenue of $832.20 million for the quarter, compared to analyst estimates of $825.14 million. During the same period last year, the firm earned $1.23 EPS. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. On average, equities research analysts forecast that Equifax will post $6.06 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, June 15th. Stockholders of record on Thursday, May 25th were given a $0.39 dividend. The ex-dividend date was Tuesday, May 23rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.09%. Equifax’s dividend payout ratio (DPR) is currently 35.14%.
In other news, CFO John W. Gamble, Jr. sold 14,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 23rd. The shares were sold at an average price of $136.44, for a total value of $1,910,160.00. Following the transaction, the chief financial officer now owns 48,578 shares in the company, valued at approximately $6,627,982.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.29% of the stock is currently owned by insiders.
Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Equifax by 3.4% in the first quarter. Vanguard Group Inc. now owns 11,433,584 shares of the credit services provider’s stock worth $1,563,429,000 after buying an additional 373,774 shares during the period. BlackRock Inc. increased its position in Equifax by 1,540.8% in the first quarter. BlackRock Inc. now owns 9,280,680 shares of the credit services provider’s stock worth $1,269,041,000 after buying an additional 8,715,062 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in Equifax by 3.7% in the first quarter. Massachusetts Financial Services Co. MA now owns 5,997,177 shares of the credit services provider’s stock worth $820,055,000 after buying an additional 212,392 shares during the last quarter. Wellington Management Group LLP increased its position in Equifax by 2.6% in the first quarter. Wellington Management Group LLP now owns 5,351,242 shares of the credit services provider’s stock worth $731,730,000 after buying an additional 134,056 shares during the last quarter. Finally, Janus Capital Management LLC increased its position in Equifax by 12.2% in the fourth quarter. Janus Capital Management LLC now owns 2,823,685 shares of the credit services provider’s stock worth $333,844,000 after buying an additional 307,371 shares during the last quarter. Hedge funds and other institutional investors own 89.96% of the company’s stock.
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.
Receive News & Ratings for Equifax Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax Inc. and related companies with MarketBeat.com's FREE daily email newsletter.