Brokerages Set Equifax Inc. (EFX) PT at $139.80
Equifax Inc. (NYSE:EFX) has been assigned an average rating of “Buy” from the eleven research firms that are currently covering the stock. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $139.80.
Several equities analysts recently issued reports on EFX shares. Zacks Investment Research lowered shares of Equifax from a “hold” rating to a “sell” rating in a report on Tuesday, January 17th. Morgan Stanley lowered shares of Equifax from an “overweight” rating to an “equal weight” rating and set a $137.00 price objective on the stock. in a report on Wednesday, January 18th. Goldman Sachs Group Inc lowered shares of Equifax from a “neutral” rating to a “sell” rating and lifted their price objective for the company from $100.00 to $116.00 in a report on Friday, January 20th. Royal Bank of Canada set a $142.00 price objective on shares of Equifax and gave the company a “buy” rating in a report on Saturday, January 21st. Finally, Stifel Nicolaus lifted their price objective on shares of Equifax from $131.00 to $144.00 and gave the company a “buy” rating in a report on Friday, February 10th.
Institutional investors have recently added to or reduced their stakes in the company. Sprott Inc. raised its position in Equifax by 268.2% in the third quarter. Sprott Inc. now owns 8,100 shares of the credit services provider’s stock valued at $1,090,000 after buying an additional 5,900 shares in the last quarter. A.R.T. Advisors LLC purchased a new position in Equifax during the fourth quarter valued at about $2,423,000. Columbus Circle Investors raised its position in Equifax by 45.3% in the third quarter. Columbus Circle Investors now owns 668,196 shares of the credit services provider’s stock valued at $89,926,000 after buying an additional 208,298 shares in the last quarter. Gratus Capital LLC raised its position in Equifax by 0.8% in the fourth quarter. Gratus Capital LLC now owns 19,762 shares of the credit services provider’s stock valued at $2,336,000 after buying an additional 163 shares in the last quarter. Finally, Brown Advisory Inc. raised its position in Equifax by 0.3% in the fourth quarter. Brown Advisory Inc. now owns 20,604 shares of the credit services provider’s stock valued at $2,437,000 after buying an additional 67 shares in the last quarter. 86.41% of the stock is currently owned by institutional investors and hedge funds.
Equifax (NYSE:EFX) traded up 0.67% on Monday, hitting $137.31. The company’s stock had a trading volume of 493,795 shares. The firm has a 50 day moving average of $135.15 and a 200 day moving average of $125.78. Equifax has a 12 month low of $110.87 and a 12 month high of $137.94. The firm has a market cap of $16.46 billion, a price-to-earnings ratio of 33.99 and a beta of 0.83.
Equifax (NYSE:EFX) last issued its quarterly earnings data on Wednesday, February 8th. The credit services provider reported $1.42 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.38 by $0.04. The company had revenue of $801.10 million for the quarter, compared to analyst estimates of $799.53 million. Equifax had a net margin of 15.54% and a return on equity of 25.18%. Equifax’s revenue was up 20.2% compared to the same quarter last year. During the same period last year, the company posted $1.14 earnings per share. Equities research analysts forecast that Equifax will post $6.05 earnings per share for the current fiscal year.
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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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