Equifax Inc. (NYSE:EFX) Receives Average Recommendation of “Hold” from Brokerages

Equifax Inc. (NYSE:EFX) has been assigned a consensus recommendation of “Hold” from the sixteen ratings firms that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $121.27.

EFX has been the topic of several recent analyst reports. Zacks Investment Research raised Equifax from a “sell” rating to a “hold” rating in a research note on Wednesday, May 15th. ValuEngine raised Equifax from a “hold” rating to a “buy” rating in a research note on Tuesday, May 28th. Barclays reissued a “hold” rating and set a $125.00 target price on shares of Equifax in a research note on Monday, May 6th. BNP Paribas initiated coverage on Equifax in a research note on Friday, March 15th. They set an “underperform” rating and a $106.00 target price on the stock. Finally, Exane BNP Paribas initiated coverage on Equifax in a research note on Friday, March 15th. They set a “neutral” rating and a $106.00 target price on the stock.

Shares of EFX opened at $135.24 on Friday. The company’s 50 day simple moving average is $126.28. The company has a market cap of $16.00 billion, a P/E ratio of 23.36, a PEG ratio of 2.75 and a beta of 1.21. Equifax has a 12-month low of $88.68 and a 12-month high of $138.69. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.57 and a quick ratio of 0.57.

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

The company also recently declared a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Friday, May 24th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.15%. The ex-dividend date was Thursday, May 23rd. Equifax’s dividend payout ratio is presently 26.94%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. OppenheimerFunds Inc. grew its holdings in Equifax by 0.9% during the 1st quarter. OppenheimerFunds Inc. now owns 1,737,528 shares of the credit services provider’s stock valued at $205,897,000 after buying an additional 15,617 shares in the last quarter. FMR LLC boosted its holdings in shares of Equifax by 170.6% in the 1st quarter. FMR LLC now owns 1,737,197 shares of the credit services provider’s stock worth $205,857,000 after purchasing an additional 1,095,138 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Equifax by 91.9% in the 4th quarter. Bank of New York Mellon Corp now owns 1,581,017 shares of the credit services provider’s stock worth $147,240,000 after purchasing an additional 756,980 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Equifax by 7.9% in the 4th quarter. Geode Capital Management LLC now owns 1,528,538 shares of the credit services provider’s stock worth $142,098,000 after purchasing an additional 112,467 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of Equifax by 1.5% in the 1st quarter. Northern Trust Corp now owns 1,355,529 shares of the credit services provider’s stock worth $160,630,000 after purchasing an additional 19,873 shares during the period. Institutional investors and hedge funds own 94.47% of the company’s stock.

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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Analyst Recommendations for Equifax (NYSE:EFX)

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