Barclays Trims Equifax (EFX) Target Price to $105.00

Equifax (NYSE:EFX) had its target price decreased by Barclays from $120.00 to $105.00 in a report issued on Friday morning, Marketbeat.com reports. Barclays currently has an equal weight rating on the credit services provider’s stock.

EFX has been the topic of a number of other reports. Bank of America initiated coverage on Equifax in a research note on Tuesday, October 23rd. They issued an underperform rating and a $123.00 price target on the stock. Morgan Stanley set a $126.00 price target on Equifax and gave the stock a hold rating in a research note on Monday, October 15th. JPMorgan Chase & Co. raised their price target on Equifax from $135.00 to $150.00 and gave the stock an overweight rating in a research note on Friday, July 27th. Wells Fargo & Co raised their price target on Equifax from $140.00 to $145.00 and gave the stock an outperform rating in a research note on Monday, October 1st. Finally, Zacks Investment Research upgraded Equifax from a sell rating to a hold rating in a research note on Friday, July 20th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company’s stock. Equifax has an average rating of Hold and a consensus target price of $126.09.

EFX stock opened at $96.62 on Friday. The firm has a market capitalization of $11.72 billion, a PE ratio of 16.18, a PEG ratio of 2.09 and a beta of 0.88. Equifax has a 1 year low of $90.54 and a 1 year high of $138.69. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.81.

Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, October 24th. The credit services provider reported $1.41 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.42 by ($0.01). The firm had revenue of $834.20 million during the quarter, compared to analysts’ expectations of $857.51 million. Equifax had a return on equity of 21.48% and a net margin of 13.07%. During the same quarter last year, the business earned $1.53 earnings per share. On average, equities research analysts expect that Equifax will post 5.72 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Columbus Circle Investors lifted its position in Equifax by 100.2% during the third quarter. Columbus Circle Investors now owns 300,136 shares of the credit services provider’s stock valued at $39,189,000 after purchasing an additional 150,204 shares in the last quarter. North Star Asset Management Inc. raised its holdings in Equifax by 1.2% during the third quarter. North Star Asset Management Inc. now owns 107,901 shares of the credit services provider’s stock valued at $14,089,000 after acquiring an additional 1,255 shares during the period. QUANTRES ASSET MANAGEMENT Ltd bought a new stake in Equifax during the third quarter valued at about $248,000. Enterprise Financial Services Corp bought a new stake in Equifax during the third quarter valued at about $114,000. Finally, Sawtooth Solutions LLC bought a new stake in Equifax during the third quarter valued at about $215,000. Institutional investors own 92.04% of the company’s stock.

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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Analyst Recommendations for Equifax (NYSE:EFX)

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