Equifax (NYSE:EFX) Price Target Cut to $260.00 by Analysts at Robert W. Baird

Equifax (NYSE:EFX) had its price target decreased by Robert W. Baird from $275.00 to $260.00 in a research note issued to investors on Friday, Benzinga reports. Robert W. Baird currently has an outperform rating on the credit services provider’s stock.

A number of other equities analysts have also recently commented on EFX. Redburn Atlantic cut shares of Equifax from a buy rating to a neutral rating and set a $272.00 price objective for the company. in a research note on Thursday, January 11th. Oppenheimer lifted their price objective on shares of Equifax from $273.00 to $291.00 and gave the stock an outperform rating in a research note on Tuesday, April 9th. Evercore ISI upgraded shares of Equifax from an in-line rating to an outperform rating and raised their target price for the stock from $210.00 to $310.00 in a report on Tuesday, February 13th. The Goldman Sachs Group raised their target price on shares of Equifax from $195.00 to $222.00 and gave the stock a neutral rating in a report on Friday, December 29th. Finally, Needham & Company LLC restated a buy rating and issued a $305.00 target price on shares of Equifax in a report on Thursday. Four investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus target price of $266.35.

Equifax Stock Performance

Shares of NYSE:EFX opened at $216.20 on Friday. Equifax has a 52 week low of $159.95 and a 52 week high of $275.10. The stock has a market capitalization of $26.86 billion, a P/E ratio of 48.15, a PEG ratio of 1.76 and a beta of 1.51. The firm has a fifty day simple moving average of $257.79 and a two-hundred day simple moving average of $231.21. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 1.04.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Thursday, April 18th. The credit services provider reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.06. Equifax had a net margin of 10.42% and a return on equity of 19.08%. The business had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same period last year, the company posted $1.43 EPS. The business’s revenue was up 6.7% on a year-over-year basis. On average, analysts expect that Equifax will post 7.34 earnings per share for the current fiscal year.

Equifax Announces Dividend

The business 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 of this dividend was Thursday, February 22nd. This represents a $1.56 dividend on an annualized basis and a yield of 0.72%. Equifax’s payout ratio is 34.74%.

Institutional Investors Weigh In On Equifax

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wetzel Investment Advisors Inc. bought a new stake in shares of Equifax in the 4th quarter valued at about $25,000. KB Financial Partners LLC bought a new stake in shares of Equifax in the 3rd quarter valued at about $25,000. Eagle Bay Advisors LLC bought a new stake in shares of Equifax in the 2nd quarter valued at about $29,000. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Equifax in the 4th quarter valued at about $41,000. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Equifax by 70.8% in the 3rd quarter. Geneos Wealth Management Inc. now owns 193 shares of the credit services provider’s stock valued at $35,000 after purchasing an additional 80 shares in the last quarter. Institutional investors own 96.20% of the company’s stock.

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.