Brokerages Set Equifax Inc. (NYSE:EFX) Price Target at $264.22

Shares of Equifax Inc. (NYSE:EFXGet Free Report) have been given a consensus recommendation of “Moderate Buy” by the eighteen research firms that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $264.22.

Several research analysts have weighed in on the company. Evercore ISI upgraded Equifax from an “in-line” rating to an “outperform” rating and lifted their target price for the company from $210.00 to $310.00 in a research note on Tuesday, February 13th. Stifel Nicolaus lifted their target price on Equifax from $208.00 to $289.00 and gave the company a “buy” rating in a research note on Tuesday, January 9th. Deutsche Bank Aktiengesellschaft upgraded Equifax from a “hold” rating to a “buy” rating and lifted their target price for the company from $218.00 to $267.00 in a research note on Friday, December 8th. TheStreet upgraded Equifax from a “c+” rating to a “b-” rating in a research note on Friday, December 29th. Finally, Jefferies Financial Group upgraded Equifax from a “hold” rating to a “buy” rating and lifted their target price for the company from $200.00 to $315.00 in a research note on Monday, December 18th.

Check Out Our Latest Research Report on Equifax

Equifax Price Performance

Shares of EFX opened at $265.98 on Tuesday. Equifax has a 1-year low of $159.95 and a 1-year high of $275.10. The stock has a market cap of $32.97 billion, a PE ratio of 60.45, a price-to-earnings-growth ratio of 2.05 and a beta of 1.52. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a fifty day moving average price of $255.78 and a 200 day moving average price of $222.65.

Equifax (NYSE:EFXGet Free Report) last announced its quarterly earnings results on Wednesday, February 7th. The credit services provider reported $1.81 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.07. Equifax had a net margin of 10.36% and a return on equity of 19.40%. The firm had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same period in the previous year, the company earned $1.52 earnings per share. Equifax’s quarterly revenue was up 10.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that Equifax will post 7.49 EPS for the current year.

Equifax Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, February 23rd were issued a dividend of $0.39 per share. The ex-dividend date was Thursday, February 22nd. This represents a $1.56 annualized dividend and a yield of 0.59%. Equifax’s dividend payout ratio is presently 35.45%.

Hedge Funds Weigh In On Equifax

Several hedge funds and other institutional investors have recently bought and sold shares of EFX. Moneta Group Investment Advisors LLC raised its holdings in shares of Equifax by 105,549.9% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 38,813,671 shares of the credit services provider’s stock worth $7,543,825,000 after acquiring an additional 38,776,933 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in shares of Equifax by 77.8% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 8,935,666 shares of the credit services provider’s stock worth $1,736,737,000 after acquiring an additional 3,910,202 shares during the last quarter. Parnassus Investments LLC raised its holdings in shares of Equifax by 1,740.8% in the fourth quarter. Parnassus Investments LLC now owns 2,085,879 shares of the credit services provider’s stock worth $515,817,000 after acquiring an additional 1,972,564 shares during the last quarter. Norges Bank acquired a new position in shares of Equifax in the fourth quarter worth $229,992,000. Finally, Veritas Asset Management LLP purchased a new stake in shares of Equifax in the second quarter valued at $266,095,000. 98.37% of the stock is owned by institutional investors and hedge funds.

Equifax Company Profile

(Get Free Report

Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.

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Analyst Recommendations for Equifax (NYSE:EFX)

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