Brokerages Anticipate Equifax Inc. (NYSE:EFX) to Post $2.16 Earnings Per Share

Wall Street brokerages expect Equifax Inc. (NYSE:EFXGet Rating) to report $2.16 earnings per share (EPS) for the current quarter, according to Zacks. Fourteen analysts have issued estimates for Equifax’s earnings, with the lowest EPS estimate coming in at $2.12 and the highest estimate coming in at $2.22. Equifax reported earnings of $1.97 per share during the same quarter last year, which indicates a positive year over year growth rate of 9.6%. The firm is expected to report its next earnings results after the market closes on Monday, January 1st.

On average, analysts expect that Equifax will report full year earnings of $8.74 per share for the current fiscal year, with EPS estimates ranging from $8.61 to $8.90. For the next year, analysts expect that the firm will post earnings of $10.19 per share, with EPS estimates ranging from $9.77 to $10.74. Zacks’ EPS calculations are an average based on a survey of research analysts that that provide coverage for Equifax.

Equifax (NYSE:EFXGet Rating) last posted its earnings results on Wednesday, February 9th. The credit services provider reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.03. Equifax had a return on equity of 26.95% and a net margin of 15.11%. The business had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same period in the previous year, the firm earned $2.00 EPS.

EFX has been the subject of several research analyst reports. TheStreet downgraded shares of Equifax from a “b” rating to a “c+” rating in a report on Friday, February 11th. Bank of America began coverage on Equifax in a report on Friday, March 11th. They set a “neutral” rating for the company. Deutsche Bank Aktiengesellschaft began coverage on Equifax in a research note on Tuesday, March 29th. They set a “hold” rating and a $265.00 target price on the stock. Royal Bank of Canada upgraded Equifax from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from $294.00 to $300.00 in a research note on Monday, January 31st. Finally, Morgan Stanley decreased their price target on shares of Equifax from $296.00 to $274.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 16th. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Equifax has an average rating of “Buy” and an average target price of $284.42.

NYSE:EFX opened at $217.19 on Wednesday. The company has a market cap of $26.69 billion, a P/E ratio of 36.02, a P/E/G ratio of 1.69 and a beta of 1.50. The firm’s fifty day moving average price is $227.64 and its two-hundred day moving average price is $255.49. Equifax has a one year low of $185.00 and a one year high of $300.11. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.49 and a quick ratio of 0.49.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 15th. Shareholders of record on Tuesday, February 22nd were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date of this dividend was Friday, February 18th. Equifax’s dividend payout ratio is presently 25.87%.

In other news, insider Sid Singh sold 19,222 shares of the firm’s stock in a transaction that occurred on Friday, February 25th. The shares were sold at an average price of $215.93, for a total value of $4,150,606.46. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 1.57% of the stock is currently owned by insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. First Trust Advisors LP increased its holdings in Equifax by 90.5% in the 1st quarter. First Trust Advisors LP now owns 52,098 shares of the credit services provider’s stock worth $6,174,000 after purchasing an additional 24,756 shares in the last quarter. Morgan Stanley raised its holdings in Equifax by 96.5% in the 2nd quarter. Morgan Stanley now owns 977,441 shares of the credit services provider’s stock valued at $234,107,000 after buying an additional 480,021 shares during the last quarter. Bank of America Corp DE boosted its position in Equifax by 2.3% during the 2nd quarter. Bank of America Corp DE now owns 474,693 shares of the credit services provider’s stock worth $113,694,000 after buying an additional 10,539 shares during the period. Park Avenue Securities LLC grew its holdings in Equifax by 9.3% during the 3rd quarter. Park Avenue Securities LLC now owns 1,499 shares of the credit services provider’s stock worth $380,000 after acquiring an additional 127 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale increased its position in Equifax by 8.5% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 12,136 shares of the credit services provider’s stock valued at $3,150,000 after acquiring an additional 948 shares during the period. 91.48% of the stock is currently owned by hedge funds and other institutional investors.

About Equifax (Get Rating)

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.

Further Reading

Get a free copy of the Zacks research report on Equifax (EFX)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Equifax (NYSE:EFX)

Receive News & Ratings for Equifax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax and related companies with MarketBeat.com's FREE daily email newsletter.