The stock of Equifax Inc. (NYSE:EFX) last traded at $206.55, down -2.73% from the previous session.
Data from the available sources indicates that Equifax Inc. (NYSE:EFX) is covered by 24 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $260.00 and a low of $170.00, we find $233.00. Given the previous closing price of $212.35, this indicates a potential upside of 9.72 percent. EFX stock price is now -6.71% away from the 50-day moving average and 1.98% away from the 200-day moving average. The market capitalization of the company currently stands at $25.81B.
In total, 9 analysts have assigned it a hold rating, and 9 have given it a buy rating. Brokers who have rated the stock have averaged $228.60 as their price target over the next twelve months.
With the price target reduced from $255 to $195, BofA Securities Downgraded its rating from Neutral to Underperform for Equifax Inc. (NYSE: EFX).
In other news, Griggs James M, SVP & Corp Controller sold 250 shares of the company’s stock on May 31. The stock was sold for $52,500 at an average price of $210.00. Upon completion of the transaction, the SVP & Corp Controller now directly owns 4,709 shares in the company, valued at $0.97 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 26, SVP & Corp Controller Griggs James M sold 250 shares of the business’s stock. A total of $52,389 was realized by selling the stock at an average price of $209.55. This leaves the insider owning 4,959 shares of the company worth $1.02 million. Insiders disposed of 109,077 shares of company stock worth roughly $22.53 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 INTERMEDE INVESTMENT PARTNERS LTD during the first quarter worth $107,713,000. MARSHALL WACE, LLP invested $52,151,000 in shares of EFX during the first quarter. In the first quarter, HOLOCENE ADVISORS, LP acquired a new stake in Equifax Inc. valued at approximately $42,652,000. GILLSON CAPITAL LP acquired a new stake in EFX for approximately $29,884,000. JUNTO CAPITAL MANAGEMENT LP purchased a new stake in EFX valued at around $27,049,000 in the second quarter. In total, there are 929 active investors with 96.90% ownership of the company’s stock.
With an opening price of $209.49 on Monday 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 $240.35. As of last week, the company has a debt-to-equity ratio of 1.43, a current ratio of 0.80, and a quick ratio of 0.80. According to the stock market information, the enterprise value for the company is $30.85B, which is based on a 48.61 price-to-earnings ratio, a 3.84 price-to-earnings-growth ratio, and a beta of 1.47. The fifty day moving average price for EFX is $221.47 and a two-hundred day moving average price translates $202.67 for the stock.
The latest earnings results from Equifax Inc. (NYSE: EFX) was released for Jun, 2023. According to the Consulting Services Company, earnings per share came in at $1.71, beating analysts’ expectations of $1.67 by 0.04. This compares to $1.80 EPS in the same period last year. The net profit margin was 13.80% and return on equity was 17.90% for EFX. The company reported revenue of $1.3 billion for the quarter, compared to $1.36 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.49 percent. For the current quarter, analysts expect EFX to generate $1.34B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 06/15/2023. Investors who held shares on 05/25/2023 were paid a $0.39 dividend. On an annualized basis, this represents a $1.56 dividend and a 0.76% percent yield. There was an ex-dividend date of 05/24/2023 for this dividend. In terms of dividend payout ratio, EFX is presently at 27.40%.
Equifax Inc.(EFX) 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. 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 services; mortgage services; financial marketing services; identity management services; and credit monitoring products. 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, retail, telecommunications, utilities, automotive, brokerage, healthcare, and insurance industries, as well as government agencies. It operates in the United States, Canada, Australia, New Zealand, India, the United Kingdom, Spain, Portugal, Argentina, Chile, Costa Rica, Dominican Republic, Ecuador, El Salvador, Honduras, Mexico, Paraguay, Peru, Uruguay, and the Republic of Ireland. The company was founded in 1899 and is headquartered in Atlanta, Georgia.
