Equifax Inc. (NYSE:EFX – Get Rating) EVP Carla Chaney sold 15,180 shares of the business’s stock in a transaction dated Wednesday, May 24th. The stock was sold at an average price of $207.54, for a total transaction of $3,150,457.20. Following the completion of the transaction, the executive vice president now directly owns 14,308 shares in the company, valued at $2,969,482.32. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Equifax Price Performance
Shares of EFX stock traded up $3.51 during trading on Friday, hitting $210.64. The company had a trading volume of 510,569 shares, compared to its average volume of 764,030. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 1.22. The stock’s 50-day moving average is $201.29 and its two-hundred day moving average is $202.60. The stock has a market capitalization of $25.83 billion, a price-to-earnings ratio of 43.51, a price-to-earnings-growth ratio of 1.96 and a beta of 1.45. Equifax Inc. has a 52 week low of $145.98 and a 52 week high of $234.14.
Equifax (NYSE:EFX – Get Rating) last posted its quarterly earnings data on Wednesday, April 19th. The credit services provider reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.06. The company had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.28 billion. Equifax had a net margin of 11.60% and a return on equity of 21.33%. Equifax’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period in the prior year, the business earned $2.22 earnings per share. As a group, analysts predict that Equifax Inc. will post 7.18 EPS for the current fiscal year.
Equifax Dividend Announcement
Wall Street Analyst Weigh In
EFX has been the topic of a number of research analyst reports. Barclays cut their price target on shares of Equifax from $240.00 to $235.00 and set an “overweight” rating on the stock in a report on Friday, March 31st. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $205.00 price objective on shares of Equifax in a report on Friday, April 21st. Wells Fargo & Company upped their price objective on shares of Equifax from $210.00 to $215.00 and gave the company an “equal weight” rating in a report on Friday, April 21st. StockNews.com raised shares of Equifax from a “sell” rating to a “hold” rating in a report on Monday, May 15th. Finally, Robert W. Baird upped their price objective on shares of Equifax from $223.00 to $237.00 and gave the company an “outperform” rating in a report on Friday, February 10th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Equifax presently has a consensus rating of “Hold” and an average target price of $214.20.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. FDx Advisors Inc. grew its position in Equifax by 2.1% during the third quarter. FDx Advisors Inc. now owns 7,205 shares of the credit services provider’s stock valued at $1,235,000 after acquiring an additional 150 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Equifax during the fourth quarter valued at approximately $85,000. Prudential PLC boosted its stake in shares of Equifax by 102.1% during the fourth quarter. Prudential PLC now owns 4,631 shares of the credit services provider’s stock valued at $900,000 after purchasing an additional 2,340 shares during the period. Macquarie Group Ltd. boosted its stake in shares of Equifax by 22.9% during the third quarter. Macquarie Group Ltd. now owns 621,669 shares of the credit services provider’s stock valued at $106,573,000 after purchasing an additional 115,779 shares during the period. Finally, NorthRock Partners LLC purchased a new stake in shares of Equifax during the fourth quarter valued at approximately $272,000. 93.84% of the stock is currently owned by institutional investors.
Equifax Company Profile
Equifax, Inc engages in the provision of information solutions and human resources business process outsourcing services. It operates through the following business segments: U.S. Information Solutions, Workforce Solutions and International. The U.S. Information Solutions segment includes consumer and commercial information services, mortgage loan origination information, financial marketing services, and identity management.
See Also
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