Equifax Inc. (NYSE:EFX) has earned a consensus rating of “Hold” from the seventeen analysts that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $130.09.
A number of equities analysts recently commented on the stock. Stephens raised their price target on shares of Equifax from $130.00 to $131.00 and gave the stock an “equal weight” rating in a research report on Friday, July 26th. ValuEngine raised shares of Equifax from a “hold” rating to a “buy” rating in a report on Tuesday, May 28th. Zacks Investment Research raised shares of Equifax from a “sell” rating to a “hold” rating in a report on Wednesday, May 15th. Barclays reissued a “hold” rating and issued a $125.00 target price on shares of Equifax in a report on Monday, May 6th. Finally, Royal Bank of Canada started coverage on shares of Equifax in a report on Wednesday, July 3rd. They issued an “outperform” rating on the stock.
A number of hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in shares of Equifax by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 12,795,401 shares of the credit services provider’s stock valued at $1,730,450,000 after purchasing an additional 210,155 shares in the last quarter. BlackRock Inc. boosted its stake in shares of Equifax by 2.0% in the 2nd quarter. BlackRock Inc. now owns 7,634,530 shares of the credit services provider’s stock valued at $1,032,491,000 after purchasing an additional 146,497 shares in the last quarter. Generation Investment Management LLP boosted its stake in shares of Equifax by 26.6% in the 2nd quarter. Generation Investment Management LLP now owns 3,240,423 shares of the credit services provider’s stock valued at $438,235,000 after purchasing an additional 680,935 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Equifax by 330.9% in the 2nd quarter. Invesco Ltd. now owns 2,233,499 shares of the credit services provider’s stock valued at $302,059,000 after purchasing an additional 1,715,222 shares in the last quarter. Finally, OppenheimerFunds Inc. boosted its stake in shares of Equifax by 0.9% in the 1st quarter. OppenheimerFunds Inc. now owns 1,737,528 shares of the credit services provider’s stock valued at $205,897,000 after purchasing an additional 15,617 shares in the last quarter. 95.08% of the stock is currently owned by hedge funds and other institutional investors.
Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, July 24th. The credit services provider reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.04. Equifax had a negative net margin of 12.52% and a positive return on equity of 22.63%. The business had revenue of $880.00 million for the quarter, compared to analyst estimates of $873.74 million. During the same period last year, the firm earned $1.56 earnings per share. Equifax’s revenue for the quarter was up .4% compared to the same quarter last year. As a group, equities research analysts forecast that Equifax will post 5.6 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 13th. Shareholders of record on Friday, August 23rd will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 1.10%. The ex-dividend date is Thursday, August 22nd. Equifax’s dividend payout ratio is currently 26.94%.
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.
Featured Story: What is Call Option Volume?
Receive News & Ratings for Equifax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax and related companies with MarketBeat.com's FREE daily email newsletter.