Equifax, Inc. (EFX) Rating Reiterated by Stephens

Stephens reaffirmed their equal weight rating on shares of Equifax, Inc. (NYSE:EFX) in a research note issued to investors on Wednesday. They currently have a $110.00 price objective on the credit services provider’s stock.

Several other equities research analysts have also issued reports on the company. J P Morgan Chase & Co reaffirmed a buy rating on shares of Equifax in a research report on Friday, September 8th. SunTrust Banks, Inc. raised their target price on Equifax from $110.00 to $155.00 in a research report on Friday, September 15th. Morgan Stanley raised their target price on Equifax from $127.00 to $140.00 and gave the company an equal weight rating in a research report on Thursday, September 14th. Evercore ISI reaffirmed a buy rating and set a $174.00 target price on shares of Equifax in a research report on Saturday, September 9th. Finally, Wells Fargo & Company raised Equifax from a market perform rating to an outperform rating and decreased their target price for the company from $135.00 to $127.00 in a research report on Friday, September 22nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the company. Equifax presently has an average rating of Buy and an average price target of $130.27.

Equifax (EFX) traded down 1.44% during trading on Wednesday, reaching $111.34. 2,929,581 shares of the company’s stock were exchanged. The firm has a market cap of $13.40 billion, a price-to-earnings ratio of 23.58 and a beta of 0.87. The firm’s 50-day moving average price is $119.71 and its 200-day moving average price is $133.98. Equifax has a 12 month low of $89.59 and a 12 month high of $147.02.

Equifax (NYSE:EFX) last announced its earnings results on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.03. Equifax had a return on equity of 24.88% and a net margin of 17.44%. The firm had revenue of $856.70 million during the quarter, compared to analyst estimates of $860.48 million. During the same period last year, the firm posted $1.43 EPS. The business’s revenue was up 5.6% compared to the same quarter last year. On average, equities research analysts anticipate that Equifax will post $5.98 EPS for the current year.

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The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, August 25th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 1.40%. The ex-dividend date was Wednesday, August 23rd. Equifax’s dividend payout ratio (DPR) is currently 33.05%.

In related news, insider Rodolfo O. Ploder sold 1,719 shares of Equifax stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $145.70, for a total value 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO John W. Gamble, Jr. sold 6,500 shares of Equifax stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $145.60, for a total value of $946,400.00. Following the completion of the sale, the chief financial officer now directly owns 42,078 shares of the company’s stock, valued at approximately $6,126,556.80. The disclosure for this sale can be found here. In the last three months, insiders sold 12,219 shares of company stock valued at $1,780,938. 1.29% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently made changes to their positions in the stock. UBS Asset Management Americas Inc. boosted its stake in Equifax by 41.4% in the 1st quarter. UBS Asset Management Americas Inc. now owns 404,023 shares of the credit services provider’s stock worth $55,246,000 after purchasing an additional 118,212 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in Equifax by 33.9% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 3,771 shares of the credit services provider’s stock worth $516,000 after purchasing an additional 955 shares during the period. Pacer Advisors Inc. boosted its stake in Equifax by 3.5% in the 1st quarter. Pacer Advisors Inc. now owns 2,300 shares of the credit services provider’s stock worth $315,000 after purchasing an additional 77 shares during the period. Victory Capital Management Inc. boosted its stake in Equifax by 28.7% in the 1st quarter. Victory Capital Management Inc. now owns 13,250 shares of the credit services provider’s stock worth $1,812,000 after purchasing an additional 2,957 shares during the period. Finally, Cibc World Markets Corp boosted its stake in Equifax by 53.3% in the 1st quarter. Cibc World Markets Corp now owns 12,535 shares of the credit services provider’s stock worth $1,714,000 after purchasing an additional 4,357 shares during the period. 9

Several other equities research analysts have also issued reports on the company. J P Morgan Chase & Co reaffirmed a buy rating on shares of Equifax in a research report on Friday, September 8th. SunTrust Banks, Inc. raised their target price on Equifax from $110.00 to $155.00 in a research report on Friday, September 15th. Morgan Stanley raised their target price on Equifax from $127.00 to $140.00 and gave the company an equal weight rating in a research report on Thursday, September 14th. Evercore ISI reaffirmed a buy rating and set a $174.00 target price on shares of Equifax in a research report on Saturday, September 9th. Finally, Wells Fargo & Company raised Equifax from a market perform rating to an outperform rating and decreased their target price for the company from $135.00 to $127.00 in a research report on Friday, September 22nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the company. Equifax presently has an average rating of Buy and an average price target of $130.27.

Equifax (EFX) traded down 1.44% during trading on Wednesday, reaching $111.34. 2,929,581 shares of the company’s stock were exchanged. The firm has a market cap of $13.40 billion, a price-to-earnings ratio of 23.58 and a beta of 0.87. The firm’s 50-day moving average price is $119.71 and its 200-day moving average price is $133.98. Equifax has a 12 month low of $89.59 and a 12 month high of $147.02.

Equifax (NYSE:EFX) last announced its earnings results on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.03. Equifax had a return on equity of 24.88% and a net margin of 17.44%. The firm had revenue of $856.70 million during the quarter, compared to analyst estimates of $860.48 million. During the same period last year, the firm posted $1.43 EPS. The business’s revenue was up 5.6% compared to the same quarter last year. On average, equities research analysts anticipate that Equifax will post $5.98 EPS for the current year.

WARNING: This report was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this report on another domain, it was illegally copied and reposted in violation of U.S. and international copyright and trademark law. The legal version of this report can be read at https://ledgergazette.com/2017/10/08/equifax-inc-efx-rating-reiterated-by-stephens.html.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, August 25th were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 1.40%. The ex-dividend date was Wednesday, August 23rd. Equifax’s dividend payout ratio (DPR) is currently 33.05%.

In related news, insider Rodolfo O. Ploder sold 1,719 shares of Equifax stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $145.70, for a total value 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO John W. Gamble, Jr. sold 6,500 shares of Equifax stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $145.60, for a total value of $946,400.00. Following the completion of the sale, the chief financial officer now directly owns 42,078 shares of the company’s stock, valued at approximately $6,126,556.80. The disclosure for this sale can be found here. In the last three months, insiders sold 12,219 shares of company stock valued at $1,780,938. 1.29% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently made changes to their positions in the stock. UBS Asset Management Americas Inc. boosted its stake in Equifax by 41.4% in the 1st quarter. UBS Asset Management Americas Inc. now owns 404,023 shares of the credit services provider’s stock worth $55,246,000 after purchasing an additional 118,212 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in Equifax by 33.9% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 3,771 shares of the credit services provider’s stock worth $516,000 after purchasing an additional 955 shares during the period. Pacer Advisors Inc. boosted its stake in Equifax by 3.5% in the 1st quarter. Pacer Advisors Inc. now owns 2,300 shares of the credit services provider’s stock worth $315,000 after purchasing an additional 77 shares during the period. Victory Capital Management Inc. boosted its stake in Equifax by 28.7% in the 1st quarter. Victory Capital Management Inc. now owns 13,250 shares of the credit services provider’s stock worth $1,812,000 after purchasing an additional 2,957 shares during the period. Finally, Cibc World Markets Corp boosted its stake in Equifax by 53.3% in the 1st quarter. Cibc World Markets Corp now owns 12,535 shares of the credit services provider’s stock worth $1,714,000 after purchasing an additional 4,357 shares during the period. 90.00% of the stock is owned by institutional investors.

About Equifax

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.

Analyst Recommendations for Equifax (NYSE:EFX)

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