Robert W. Baird Trims Equifax (NYSE:EFX) Target Price to $260.00

Equifax (NYSE:EFX) had its price objective reduced by Robert W. Baird from $275.00 to $260.00 in a report issued on Friday, Benzinga reports. They currently have an outperform rating on the credit services provider’s stock.

Other equities research analysts have also recently issued reports about the company. Truist Financial lifted their target price on Equifax from $270.00 to $285.00 and gave the company a buy rating in a research note on Friday, February 9th. Redburn Atlantic downgraded shares of Equifax from a buy rating to a neutral rating and set a $272.00 target price on the stock. in a research report on Thursday, January 11th. Bank of America upgraded shares of Equifax from an underperform rating to a buy rating and lifted their price target for the stock from $164.00 to $300.00 in a research report on Monday, January 8th. Oppenheimer increased their price objective on shares of Equifax from $273.00 to $291.00 and gave the company an outperform rating in a report on Tuesday, April 9th. Finally, TheStreet raised shares of Equifax from a c+ rating to a b- rating in a report on Friday, December 29th. Four equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and an average target price of $270.19.

Equifax Stock Down 0.6 %

Shares of NYSE:EFX opened at $216.20 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 1.04. The firm has a market cap of $26.86 billion, a P/E ratio of 48.15, a P/E/G ratio of 1.74 and a beta of 1.51. Equifax has a 12 month low of $159.95 and a 12 month high of $275.10. The company’s 50-day moving average price is $257.79 and its two-hundred day moving average price is $231.94.

Equifax (NYSE:EFX) last announced its earnings results on Thursday, April 18th. The credit services provider reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.06. The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.40 billion. Equifax had a net margin of 10.42% and a return on equity of 19.08%. Equifax’s quarterly revenue was up 6.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.43 earnings per share. As a group, research analysts forecast that Equifax will post 7.38 EPS for the current fiscal year.

Equifax Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, February 23rd were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date was Thursday, February 22nd. Equifax’s payout ratio is currently 34.74%.

Institutional Investors Weigh In On Equifax

Hedge funds and other institutional investors have recently made changes to their positions in the stock. KB Financial Partners LLC acquired a new position in Equifax in the 3rd quarter worth $25,000. Wetzel Investment Advisors Inc. bought a new stake in shares of Equifax in the fourth quarter valued at about $25,000. Eagle Bay Advisors LLC acquired a new position in shares of Equifax during the second quarter worth about $29,000. Geneos Wealth Management Inc. grew its holdings in shares of Equifax by 70.8% during the third quarter. Geneos Wealth Management Inc. now owns 193 shares of the credit services provider’s stock worth $35,000 after buying an additional 80 shares in the last quarter. Finally, Smithfield Trust Co raised its position in Equifax by 55.5% in the 3rd quarter. Smithfield Trust Co now owns 199 shares of the credit services provider’s stock valued at $36,000 after buying an additional 71 shares during the last quarter. 96.20% of the stock is currently owned by institutional investors and hedge funds.

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.