Equifax (EFX) Rating Reiterated by Barclays

Equifax (NYSE:EFX)‘s stock had its “hold” rating reissued by stock analysts at Barclays in a note issued to investors on Monday, May 6th, AnalystRatings.com reports. They currently have a $125.00 price objective on the credit services provider’s stock. Barclays‘s price target suggests a potential upside of 1.50% from the stock’s previous close.

EFX has been the subject of a number of other research reports. SunTrust Banks restated a “buy” rating and set a $125.00 price objective on shares of Equifax in a research report on Friday, February 22nd. They noted that the move was a valuation call. Robert W. Baird restated a “buy” rating and set a $119.00 price objective on shares of Equifax in a research report on Friday, February 22nd. Deutsche Bank reduced their price target on Equifax from $128.00 to $110.00 and set a “buy” rating for the company in a research report on Monday, January 14th. Zacks Investment Research upgraded Equifax from a “sell” rating to a “hold” rating in a research report on Friday, February 22nd. Finally, Morgan Stanley set a $103.00 price target on Equifax and gave the stock a “hold” rating in a research report on Friday, February 22nd. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. Equifax presently has a consensus rating of “Hold” and an average price target of $121.27.

EFX stock traded up $0.81 during midday trading on Monday, hitting $123.15. 602,091 shares of the company’s stock were exchanged, compared to its average volume of 980,684. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 1.02. Equifax has a 12-month low of $88.68 and a 12-month high of $138.69. The company has a market capitalization of $14.91 billion, a PE ratio of 21.27, a P/E/G ratio of 2.56 and a beta of 1.25.

Equifax (NYSE:EFX) last issued its quarterly earnings results on Friday, May 10th. The credit services provider reported $1.20 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.19 by $0.01. Equifax had a positive return on equity of 21.95% and a negative net margin of 10.23%. The business had revenue of $846.10 million during the quarter, compared to the consensus estimate of $850.07 million. During the same period in the previous year, the business earned $1.43 EPS. The business’s quarterly revenue was down 2.3% on a year-over-year basis. As a group, sell-side analysts anticipate that Equifax will post 5.63 EPS for the current year.

Several institutional investors have recently made changes to their positions in EFX. Vanguard Group Inc grew its stake in Equifax by 0.5% in the third quarter. Vanguard Group Inc now owns 12,212,967 shares of the credit services provider’s stock valued at $1,594,647,000 after purchasing an additional 65,505 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in Equifax by 49.4% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 5,910,763 shares of the credit services provider’s stock valued at $550,470,000 after purchasing an additional 1,954,808 shares in the last quarter. Mackenzie Financial Corp grew its stake in Equifax by 44.5% in the fourth quarter. Mackenzie Financial Corp now owns 2,764,891 shares of the credit services provider’s stock valued at $257,494,000 after purchasing an additional 851,486 shares in the last quarter. Cantillon Capital Management LLC grew its stake in Equifax by 0.7% in the fourth quarter. Cantillon Capital Management LLC now owns 2,421,681 shares of the credit services provider’s stock valued at $225,531,000 after purchasing an additional 15,943 shares in the last quarter. Finally, OppenheimerFunds Inc. grew its stake in Equifax by 0.9% in the first quarter. OppenheimerFunds Inc. now owns 1,737,528 shares of the credit services provider’s stock valued at $205,897,000 after purchasing an additional 15,617 shares in the last quarter. Institutional investors and hedge funds own 94.48% of the company’s stock.

Equifax Company Profile

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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Analyst Recommendations for Equifax (NYSE:EFX)

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