Equifax (NYSE:EFX) Updates Q4 2019 Earnings Guidance

Equifax (NYSE:EFX) issued an update on its fourth quarter 2019 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $1.47-1.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.55. The company issued revenue guidance of $885-900 million, compared to the consensus revenue estimate of $882.18 million.Equifax also updated its FY 2019 guidance to $5.55-5.60 EPS.

Shares of NYSE:EFX traded down $1.68 during mid-day trading on Thursday, hitting $137.69. 3,018,750 shares of the company traded hands, compared to its average volume of 895,810. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.54 and a current ratio of 0.54. Equifax has a 52-week low of $88.68 and a 52-week high of $148.59. The firm’s 50 day simple moving average is $141.94 and its 200 day simple moving average is $134.50. The firm has a market cap of $16.84 billion, a P/E ratio of 23.78, a PEG ratio of 2.89 and a beta of 1.22.

Equifax (NYSE:EFX) last posted its quarterly earnings data on Wednesday, October 23rd. The credit services provider reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.04. Equifax had a positive return on equity of 22.63% and a negative net margin of 12.52%. The company had revenue of $875.70 million for the quarter, compared to the consensus estimate of $870.17 million. During the same period in the previous year, the business earned $1.41 EPS. Equifax’s revenue for the quarter was up 5.0% compared to the same quarter last year. Equities research analysts expect that Equifax will post 5.59 EPS for the current fiscal year.

Several research firms have issued reports on EFX. ValuEngine downgraded Equifax from a buy rating to a hold rating in a report on Wednesday, October 2nd. Bank of America lifted their price objective on Equifax from $122.00 to $130.00 and gave the stock an underperform rating in a report on Wednesday, October 2nd. Royal Bank of Canada began coverage on Equifax in a report on Wednesday, July 3rd. They set an outperform rating on the stock. Robert W. Baird lifted their price objective on Equifax from $129.00 to $153.00 and gave the stock an outperform rating in a report on Friday, July 26th. Finally, Deutsche Bank lifted their price objective on Equifax from $110.00 to $136.00 and gave the stock a hold rating in a report on Tuesday, July 2nd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the stock. Equifax has an average rating of Hold and a consensus target price of $130.91.

About Equifax

Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers 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 loan origination information; financial marketing; and identity management services.

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Earnings History and Estimates for Equifax (NYSE:EFX)

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