Equifax Inc. (NYSE:EFX) Receives $290.13 Consensus Price Target from Brokerages

Equifax Inc. (NYSE:EFX) has earned an average rating of “Moderate Buy” from the seventeen research firms that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation, thirteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $290.13.

EFX has been the subject of a number of research analyst reports. Oppenheimer boosted their price objective on Equifax from $272.00 to $300.00 and gave the stock an “outperform” rating in a report on Friday, July 19th. Wells Fargo & Company upgraded Equifax to a “strong-buy” rating in a research note on Tuesday, August 13th. Bank of America increased their price objective on Equifax from $255.00 to $286.00 and gave the stock a “buy” rating in a research report on Thursday, July 18th. Robert W. Baird boosted their target price on shares of Equifax from $260.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday, July 19th. Finally, Needham & Company LLC upped their price target on shares of Equifax from $305.00 to $320.00 and gave the company a “buy” rating in a research note on Friday, July 19th.

Insider Buying and Selling

In other Equifax news, SVP James M. Griggs sold 2,410 shares of the business’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $238.60, for a total transaction of $575,026.00. Following the completion of the transaction, the senior vice president now owns 5,001 shares of the company’s stock, valued at $1,193,238.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Equifax news, SVP James M. Griggs sold 2,410 shares of the business’s stock in a transaction on Friday, May 24th. The shares were sold at an average price of $238.60, for a total transaction of $575,026.00. Following the sale, the senior vice president now owns 5,001 shares of the company’s stock, valued at $1,193,238.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Carla Chaney sold 3,000 shares of the stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $281.85, for a total value of $845,550.00. Following the completion of the transaction, the executive vice president now owns 10,875 shares of the company’s stock, valued at $3,065,118.75. The disclosure for this sale can be found here. Insiders sold a total of 14,238 shares of company stock worth $3,492,928 in the last ninety days. 1.57% of the stock is owned by insiders.

Institutional Trading of Equifax

Hedge funds and other institutional investors have recently made changes to their positions in the company. Conning Inc. boosted its position in Equifax by 4.7% during the 2nd quarter. Conning Inc. now owns 848 shares of the credit services provider’s stock worth $206,000 after buying an additional 38 shares during the period. Quadrant Capital Group LLC grew its stake in shares of Equifax by 2.2% in the fourth quarter. Quadrant Capital Group LLC now owns 1,838 shares of the credit services provider’s stock worth $455,000 after purchasing an additional 40 shares during the last quarter. Intech Investment Management LLC grew its stake in shares of Equifax by 1.2% in the second quarter. Intech Investment Management LLC now owns 3,726 shares of the credit services provider’s stock worth $903,000 after purchasing an additional 44 shares during the last quarter. Thompson Investment Management Inc. increased its holdings in Equifax by 0.3% in the second quarter. Thompson Investment Management Inc. now owns 15,464 shares of the credit services provider’s stock valued at $3,749,000 after purchasing an additional 45 shares during the period. Finally, Ballentine Partners LLC lifted its holdings in Equifax by 5.1% during the 1st quarter. Ballentine Partners LLC now owns 1,038 shares of the credit services provider’s stock worth $278,000 after buying an additional 50 shares during the period. 96.20% of the stock is currently owned by institutional investors.

Equifax Trading Down 0.4 %

Equifax stock opened at $292.27 on Friday. The stock has a 50-day simple moving average of $258.33 and a 200 day simple moving average of $251.81. The stock has a market capitalization of $36.13 billion, a P/E ratio of 65.09, a PEG ratio of 1.92 and a beta of 1.56. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.79 and a current ratio of 0.79. Equifax has a 52 week low of $159.95 and a 52 week high of $298.58.

Equifax (NYSE:EFX) last announced its quarterly earnings results on Wednesday, July 17th. The credit services provider reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.09. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.42 billion. Equifax had a return on equity of 18.88% and a net margin of 10.67%. The company’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.71 EPS. Analysts expect that Equifax will post 7.34 earnings per share for the current year.

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.