Equifax (NYSE:EFX) Price Target Increased to $333.00 by Analysts at Robert W. Baird

Equifax (NYSE:EFX) had its price objective boosted by Robert W. Baird from $290.00 to $333.00 in a report released on Friday, Benzinga reports. The firm currently has an outperform rating on the credit services provider’s stock.

Several other research firms have also recently commented on EFX. Morgan Stanley boosted their price objective on shares of Equifax from $250.00 to $271.00 and gave the company an “equal weight” rating in a research report on Thursday, September 12th. Bank of America boosted their price target on Equifax from $255.00 to $286.00 and gave the company a “buy” rating in a report on Thursday, July 18th. UBS Group began coverage on Equifax in a report on Tuesday, October 1st. They set a “buy” rating and a $360.00 price objective for the company. The Goldman Sachs Group upped their price target on Equifax from $277.00 to $307.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 20th. Finally, Barclays lifted their price objective on shares of Equifax from $300.00 to $380.00 and gave the company an “overweight” rating in a report on Friday, September 13th. Four equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $310.47.

Equifax Stock Performance

EFX stock opened at $275.76 on Friday. Equifax has a 1-year low of $159.95 and a 1-year high of $309.63. The business’s 50-day moving average price is $294.95 and its two-hundred day moving average price is $263.04. The firm has a market cap of $34.09 billion, a PE ratio of 61.10, a P/E/G ratio of 2.00 and a beta of 1.58. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.01.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.84 by $0.01. The business had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.44 billion. Equifax had a return on equity of 18.88% and a net margin of 10.67%. Equifax’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.76 EPS. As a group, research analysts forecast that Equifax will post 7.36 earnings per share for the current year.

Equifax Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Tuesday, September 3rd were paid a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $1.56 annualized dividend and a yield of 0.57%. Equifax’s dividend payout ratio is 34.74%.

Insider Buying and Selling at Equifax

In other news, EVP Carla Chaney sold 3,000 shares of the stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $281.85, for a total value of $845,550.00. Following the transaction, the executive vice president now directly owns 10,875 shares of the company’s stock, valued at $3,065,118.75. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.57% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of EFX. EntryPoint Capital LLC acquired a new position in shares of Equifax in the first quarter valued at approximately $30,000. Tortoise Investment Management LLC grew its holdings in Equifax by 76.1% in the 2nd quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider’s stock valued at $30,000 after buying an additional 54 shares in the last quarter. Mascoma Wealth Management LLC bought a new position in Equifax during the 2nd quarter worth $30,000. OFI Invest Asset Management acquired a new stake in shares of Equifax during the first quarter worth $31,000. Finally, Crewe Advisors LLC boosted its position in shares of Equifax by 138.2% in the second quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider’s stock valued at $32,000 after acquiring an additional 76 shares during the period. Institutional investors and hedge funds 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.