Equifax Inc. (NYSE:EFX – Get Rating) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 4,030,000 shares, an increase of 5.8% from the February 13th total of 3,810,000 shares. Based on an average daily volume of 783,100 shares, the short-interest ratio is presently 5.1 days.
Equifax Trading Up 0.1 %
NYSE:EFX opened at $200.89 on Friday. Equifax has a one year low of $145.98 and a one year high of $243.79. The business has a fifty day moving average price of $210.88 and a 200-day moving average price of $193.35. The firm has a market capitalization of $24.61 billion, a price-to-earnings ratio of 35.56, a price-to-earnings-growth ratio of 1.91 and a beta of 1.45. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.68 and a quick ratio of 0.68.
Equifax (NYSE:EFX – Get Rating) last released its quarterly earnings results on Wednesday, February 8th. The credit services provider reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.03. Equifax had a return on equity of 24.19% and a net margin of 13.59%. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same quarter in the previous year, the company posted $1.84 earnings per share. Equifax’s revenue for the quarter was down 4.4% on a year-over-year basis. Sell-side analysts forecast that Equifax will post 7.2 EPS for the current year.
Equifax Announces Dividend
Analysts Set New Price Targets
EFX has been the topic of a number of research analyst reports. Robert W. Baird upped their price target on Equifax from $223.00 to $237.00 and gave the company an “outperform” rating in a report on Friday, February 10th. The Goldman Sachs Group upped their target price on shares of Equifax from $187.00 to $212.00 and gave the company a “neutral” rating in a research note on Tuesday, January 10th. StockNews.com assumed coverage on shares of Equifax in a research note on Thursday. They issued a “sell” rating for the company. Truist Financial increased their price objective on shares of Equifax from $195.00 to $260.00 in a research report on Monday, February 6th. Finally, Wells Fargo & Company lifted their target price on shares of Equifax from $165.00 to $210.00 and gave the stock an “equal weight” rating in a research report on Friday, January 13th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Equifax has an average rating of “Hold” and an average target price of $212.67.
Hedge Funds Weigh In On Equifax
A number of hedge funds have recently modified their holdings of EFX. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Equifax by 29.5% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 3,516 shares of the credit services provider’s stock valued at $834,000 after buying an additional 801 shares in the last quarter. American Century Companies Inc. raised its holdings in Equifax by 9.9% during the first quarter. American Century Companies Inc. now owns 4,944 shares of the credit services provider’s stock valued at $1,172,000 after acquiring an additional 444 shares during the period. Private Advisor Group LLC lifted its position in shares of Equifax by 14.1% in the first quarter. Private Advisor Group LLC now owns 1,830 shares of the credit services provider’s stock valued at $434,000 after acquiring an additional 226 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Equifax by 2.0% in the first quarter. Dimensional Fund Advisors LP now owns 439,028 shares of the credit services provider’s stock valued at $104,100,000 after acquiring an additional 8,662 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in shares of Equifax by 0.8% in the first quarter. Sei Investments Co. now owns 17,409 shares of the credit services provider’s stock worth $4,141,000 after acquiring an additional 134 shares during the period. 93.84% of the stock is currently owned by institutional investors.
Equifax Company Profile
Equifax, Inc engages in the provision of information solutions and human resources business process outsourcing services. It operates through the following business segments: U.S. Information Solutions, Workforce Solutions and International. The U.S. Information Solutions segment includes consumer and commercial information services, mortgage loan origination information, financial marketing services, and identity management.
Further Reading
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