Equifax Inc. (EFX) Stock Rating Reaffirmed by RBC Capital Markets
Equifax Inc. (NYSE:EFX)‘s stock had its “buy” rating reiterated by stock analysts at RBC Capital Markets in a research report issued to clients and investors on Monday.
A number of other research firms have also commented on EFX. Jefferies Group reiterated a “hold” rating and set a $128.00 price objective on shares of Equifax in a research note on Thursday, July 28th. JPMorgan Chase & Co. lifted their price target on shares of Equifax from $133.00 to $155.00 and gave the stock an “overweight” rating in a research report on Friday, July 29th. Deutsche Bank AG lifted their price target on shares of Equifax from $125.00 to $145.00 and gave the stock a “buy” rating in a research report on Friday, July 29th. Stifel Nicolaus lifted their price target on shares of Equifax from $131.00 to $143.00 and gave the stock a “buy” rating in a research report on Friday, July 29th. Finally, Zacks Investment Research upgraded shares of Equifax from a “hold” rating to a “buy” rating and set a $148.00 price target on the stock in a research report on Monday, August 1st. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Equifax presently has an average rating of “Buy” and an average target price of $140.70.
Equifax (NYSE:EFX) opened at 118.15 on Monday. The firm’s 50 day moving average price is $128.24 and its 200-day moving average price is $128.31. The stock has a market cap of $14.15 billion, a price-to-earnings ratio of 29.91 and a beta of 0.85. Equifax has a 52 week low of $91.72 and a 52 week high of $136.97.
Equifax (NYSE:EFX) last posted its quarterly earnings data on Wednesday, October 26th. The company reported $1.44 EPS for the quarter, beating the Zacks’ consensus estimate of $1.36 by $0.08. Equifax had a net margin of 15.87% and a return on equity of 24.73%. The business had revenue of $804.10 million for the quarter, compared to analyst estimates of $208.05 million. During the same quarter last year, the business earned $1.14 earnings per share. The business’s revenue for the quarter was up 20.5% on a year-over-year basis. Analysts expect that Equifax will post $5.46 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 15th. Investors of record on Wednesday, November 23rd will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend is Monday, November 21st. Equifax’s dividend payout ratio is 33.42%.
In other Equifax news, insider Paulino R. Barros sold 5,205 shares of Equifax stock in a transaction on Wednesday, August 31st. The shares were sold at an average price of $132.00, for a total transaction of $687,060.00. Following the completion of the sale, the insider now owns 10,786 shares of the company’s stock, valued at approximately $1,423,752. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Rodolfo O. Ploder sold 3,100 shares of Equifax stock in a transaction on Monday, August 29th. The shares were sold at an average price of $131.87, for a total transaction of $408,797.00. Following the sale, the insider now directly owns 46,936 shares of the company’s stock, valued at approximately $6,189,450.32. The disclosure for this sale can be found here. 2.01% of the stock is currently owned by corporate insiders.
Several large investors have recently modified their holdings of the stock. National Pension Service raised its stake in shares of Equifax by 4.6% in the first quarter. National Pension Service now owns 80,030 shares of the company’s stock worth $9,147,000 after buying an additional 3,504 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Equifax by 5.2% in the first quarter. Envestnet Asset Management Inc. now owns 36,006 shares of the company’s stock worth $4,115,000 after buying an additional 1,791 shares during the period. Springbok Capital Management LLC bought a new stake in shares of Equifax during the first quarter worth about $133,000. Natixis bought a new stake in shares of Equifax during the first quarter worth about $6,176,000. Finally, Magnetar Financial LLC bought a new stake in shares of Equifax during the first quarter worth about $230,000. 87.80% of the stock is owned by institutional investors.
Equifax Inc is a provider of 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 Personal Solutions. USIS provides consumer and commercial information solutions to businesses in the United States, including online information, decisioning technology solutions, fraud and identity management services, portfolio management services, mortgage reporting and financial marketing services.
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