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Does Equifax Inc. (NYSE:EFX) warrant a purchase right now? What to Consider Before Making a Decision

January 17, 2023
in Markets

The stock of Equifax Inc. (NYSE:EFX) last traded at $217.00, up 0.37% from the previous session.

EFX stock price is now 12.14% away from the 50-day moving average and 11.79% away from the 200-day moving average. The market capitalization of the company currently stands at $26.47B.

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With the price target of $150, Exane BNP Paribas recently initiated with Underperform rating for Equifax Inc. (NYSE: EFX). On November 15, 2022, Atlantic Equities Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock keeping its target price maintained at $230, while ‘RBC Capital Mkts’ rates the stock as ‘Sector Perform’.

In other news, Griggs James M, SVP & Corp Controller sold 300 shares of the company’s stock on Nov 14. The stock was sold for $60,000 at an average price of $200.00. Upon completion of the transaction, the SVP & Corp Controller now directly owns 4,820 shares in the company, valued at $1.05 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 03, EVP, President International Nelson Lisa M sold 100 shares of the business’s stock. A total of $15,958 was realized by selling the stock at an average price of $159.58. This leaves the insider owning 7,406 shares of the company worth $1.61 million. Insiders disposed of 186,763 shares of company stock worth roughly $40.53 million over the past 1 year. A total of 0.10% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in EFX stock. A new stake in Equifax Inc. shares was purchased by T. ROWE PRICE INVESTMENT MANAGEMENT, INC. during the first quarter worth $1,090,526,000. RATHBONES GROUP PLC invested $62,784,000 in shares of EFX during the first quarter. In the first quarter, MAVERICK CAPITAL LTD acquired a new stake in Equifax Inc. valued at approximately $38,843,000. TIMESSQUARE CAPITAL MANAGEMENT, LLC acquired a new stake in EFX for approximately $38,518,000. FRONTIER CAPITAL MANAGEMENT CO LLC purchased a new stake in EFX valued at around $26,316,000 in the second quarter. In total, there are 903 active investors with 96.90% ownership of the company’s stock.

With an opening price of $213.67 on Friday morning, Equifax Inc. (NYSE: EFX) set off the trading day. During the past 12 months, Equifax Inc. has had a low of $145.98 and a high of $263.05. As of last week, the company has a debt-to-equity ratio of 1.56, a current ratio of 0.60, and a quick ratio of 0.60. The fifty day moving average price for EFX is $194.47 and a two-hundred day moving average price translates $193.99 for the stock.

The latest earnings results from Equifax Inc. (NYSE: EFX) was released for Sep, 2022. According to the Consulting Services Company, earnings per share came in at $1.73, beating analysts’ expectations of $1.62 by 0.11. This compares to $1.67 EPS in the same period last year. The net profit margin was 13.70% and return on equity was 19.00% for EFX. The company reported revenue of $1.24 billion for the quarter, compared to $1.22 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.75 percent. For the current quarter, analysts expect EFX to generate $1.18B in revenue.

Moreover, the firm recently paid out its quarterly dividend on 12/15/2022. Investors who held shares on 11/23/2022 were paid a $0.39 dividend. On an annualized basis, this represents a $1.56 dividend and a 0.72% percent yield. There was an ex-dividend date of 11/22/2022 for this dividend. In terms of dividend payout ratio, EFX is presently at 26.90%.

Equifax Inc.(EFX) Company Profile

Equifax Inc. provides information solutions and human resources business process automation outsourcing services for businesses, governments, and consumers. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers employment, income, criminal history, and social security number verification services, as well as payroll-based transaction, employment tax management, and identity theft protection products. The USIS segment provides consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage services; financial marketing services; identity management services; credit monitoring products; and online information, decisioning technology solutions, as well as portfolio management, mortgage reporting, and consumer credit information services. The International segment offers information service products, which include consumer and commercial services, such as credit and financial information, and credit scoring and modeling; and credit and other marketing products and services, as well as offers information, technology, and other services to support debt collections and recovery management. The company serves customers in financial services, mortgage, employers, consumer, commercial, telecommunication, retail, automotive, utility, brokerage, healthcare, and insurance industries, as well as state, federal, and local governments. It operates in the United States, Canada, Australia, New Zealand, India, the United Kingdom, Spain, Portugal, Argentina, Chile, Costa Rica, Ecuador, El Salvador, Honduras, Mexico, Paraguay, Peru, Uruguay, Brazil, the Republic of Ireland, Russia, Cambodia, Malaysia, Singapore, and the United Arab Emirates. The company was founded in 1899 and is headquartered in Atlanta, Georgia.

Tags: EFXEFX stockEquifax Inc.NYSE:EFX

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