Equifax (NYSE:EFX) Issues Earnings Results

Equifax (NYSE:EFX) issued its quarterly earnings results on Wednesday. The credit services provider reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.84 by $0.01, Briefing.com reports. Equifax had a return on equity of 18.88% and a net margin of 10.67%. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter last year, the company earned $1.76 earnings per share. The company’s quarterly revenue was up 9.3% on a year-over-year basis.

Equifax Stock Performance

Shares of EFX stock opened at $289.95 on Thursday. 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 has a 12-month low of $159.95 and a 12-month high of $309.63. The business’s 50 day moving average is $294.89 and its two-hundred day moving average is $262.68. The company has a market capitalization of $35.84 billion, a P/E ratio of 64.58, a P/E/G ratio of 2.00 and a beta of 1.58.

Equifax Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 13th. Investors 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 dividend yield of 0.54%. Equifax’s dividend payout ratio is presently 34.74%.

Analysts Set New Price Targets

A number of analysts recently commented on EFX shares. Oppenheimer lifted their target price on shares of Equifax from $300.00 to $315.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. Needham & Company LLC boosted their price objective on shares of Equifax from $305.00 to $320.00 and gave the company a “buy” rating in a report on Friday, July 19th. Stifel Nicolaus raised their target price on Equifax from $265.00 to $305.00 and gave the stock a “buy” rating in a research note on Friday, July 19th. Bank of America boosted their price target on Equifax from $255.00 to $286.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. Finally, Barclays raised their price objective on Equifax from $300.00 to $380.00 and gave the stock an “overweight” rating in a research note on Friday, September 13th. Four research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $307.74.

Insider Buying and Selling at Equifax

In other news, EVP Carla Chaney sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $281.85, for a total transaction of $845,550.00. Following the completion of 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 position. The sale was disclosed in a filing with the SEC, which is available through this link. 1.57% of the stock is owned by corporate insiders.

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.