Research Analysts Offer Predictions for Equifax, Inc.’s Q1 2018 Earnings (EFX)
Equifax, Inc. (NYSE:EFX) – Stock analysts at William Blair issued their Q1 2018 EPS estimates for Equifax in a report released on Friday. William Blair analyst T. Mchugh anticipates that the credit services provider will earn $1.57 per share for the quarter. William Blair also issued estimates for Equifax’s Q2 2018 earnings at $1.79 EPS, Q3 2018 earnings at $1.69 EPS and Q4 2018 earnings at $1.68 EPS.
Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.57 by $0.03. The company had revenue of $856.70 million for the quarter, compared to the consensus estimate of $860.48 million. Equifax had a net margin of 17.44% and a return on equity of 24.88%. Equifax’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.43 earnings per share.
EFX has been the subject of a number of other research reports. SunTrust Banks, Inc. boosted their price objective on Equifax from $110.00 to $155.00 in a research note on Friday. BidaskClub raised Equifax from a “hold” rating to a “buy” rating in a report on Saturday, June 17th. Argus assumed coverage on Equifax in a report on Tuesday, June 13th. They set a “buy” rating and a $166.00 price objective on the stock. J P Morgan Chase & Co reissued a “buy” rating on shares of Equifax in a report on Friday, September 8th. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of Equifax in a report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $137.93.
Equifax (EFX) opened at 92.98 on Monday. Equifax has a 52-week low of $89.59 and a 52-week high of $147.02. The company has a market cap of $11.19 billion, a PE ratio of 19.69 and a beta of 0.93. The firm’s 50-day moving average is $136.38 and its 200-day moving average is $137.03.
A number of hedge funds have recently added to or reduced their stakes in the business. YorkBridge Wealth Partners LLC grew its holdings in shares of Equifax by 5.0% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 781 shares of the credit services provider’s stock valued at $108,000 after acquiring an additional 37 shares in the last quarter. Sun Life Financial INC lifted its stake in Equifax by 9,722.2% in the 2nd quarter. Sun Life Financial INC now owns 884 shares of the credit services provider’s stock valued at $121,000 after purchasing an additional 875 shares during the last quarter. IFP Advisors Inc lifted its stake in Equifax by 24.6% in the 2nd quarter. IFP Advisors Inc now owns 928 shares of the credit services provider’s stock valued at $128,000 after purchasing an additional 183 shares during the last quarter. ETF Managers Group LLC acquired a new stake in Equifax in the 2nd quarter valued at about $137,000. Finally, SNS Financial Group LLC acquired a new stake in Equifax in the 2nd quarter valued at about $200,000. Hedge funds and other institutional investors own 90.00% of the company’s stock.
In related news, insider Joseph Michael Loughran III sold 4,000 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $146.02, for a total value of $584,080.00. Following the completion of the sale, the insider now owns 42,723 shares in the company, valued at approximately $6,238,412.46. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Rodolfo O. Ploder sold 1,719 shares of the company’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $145.70, for a total transaction of $250,458.30. Following the completion of the sale, the insider now owns 43,648 shares of the company’s stock, valued at approximately $6,359,513.60. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 12,219 shares of company stock worth $1,780,938. Company insiders own 1.29% of the company’s stock.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, August 25th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.68%. The ex-dividend date was Wednesday, August 23rd. Equifax’s dividend payout ratio is 33.05%.
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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