Equifax (NYSE:EFX) PT Raised to $291.00

Equifax (NYSE:EFX) had its price objective raised by investment analysts at Oppenheimer from $273.00 to $291.00 in a research note issued to investors on Tuesday, Benzinga reports. The firm currently has an “outperform” rating on the credit services provider’s stock. Oppenheimer’s price target points to a potential upside of 17.11% from the company’s previous close.

Several other brokerages also recently issued reports on EFX. Stifel Nicolaus increased their price target on Equifax from $208.00 to $289.00 and gave the stock a “buy” rating in a report on Tuesday, January 9th. Redburn Atlantic cut Equifax from a “buy” rating to a “neutral” rating and set a $272.00 price objective for the company. in a report on Thursday, January 11th. TheStreet upgraded Equifax from a “c+” rating to a “b-” rating in a report on Friday, December 29th. Wells Fargo & Company upgraded Equifax from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $200.00 to $290.00 in a research note on Friday, December 15th. Finally, Jefferies Financial Group upgraded Equifax from a “hold” rating to a “buy” rating and upped their price objective for the stock from $200.00 to $315.00 in a research note on Monday, December 18th. Four research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $267.00.

Equifax Stock Down 5.4 %

Shares of NYSE EFX opened at $248.49 on Tuesday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $30.87 billion, a PE ratio of 56.48, a price-to-earnings-growth ratio of 2.04 and a beta of 1.51. The firm’s 50-day moving average is $259.44 and its 200-day moving average is $228.92. Equifax has a 1 year low of $159.95 and a 1 year high of $275.10.

Equifax (NYSE:EFX) last issued its earnings results on Wednesday, February 7th. The credit services provider reported $1.81 EPS for the quarter, beating the consensus estimate of $1.74 by $0.07. Equifax had a net margin of 10.36% and a return on equity of 19.40%. The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter in the previous year, the company posted $1.52 EPS. The business’s revenue for the quarter was up 10.7% compared to the same quarter last year. Equities analysts expect that Equifax will post 7.51 EPS for the current year.

Institutional Trading of Equifax

Several hedge funds have recently added to or reduced their stakes in the company. Parnassus Investments LLC increased its position in Equifax by 38.8% during the 3rd quarter. Parnassus Investments LLC now owns 113,315 shares of the credit services provider’s stock worth $20,757,000 after buying an additional 31,686 shares during the period. Tower Research Capital LLC TRC raised its stake in Equifax by 243.0% in the 3rd quarter. Tower Research Capital LLC TRC now owns 11,181 shares of the credit services provider’s stock worth $2,048,000 after purchasing an additional 7,921 shares in the last quarter. Premier Path Wealth Partners LLC bought a new stake in Equifax in the 4th quarter valued at about $1,240,000. Envestnet Asset Management Inc. grew its position in shares of Equifax by 34.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 203,758 shares of the credit services provider’s stock worth $37,324,000 after purchasing an additional 51,693 shares in the last quarter. Finally, Creative Planning increased its holdings in shares of Equifax by 23.1% during the third quarter. Creative Planning now owns 38,901 shares of the credit services provider’s stock worth $7,126,000 after purchasing an additional 7,296 shares during the period. 96.20% of the stock is owned by institutional investors and hedge funds.

Equifax Company Profile

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.