Equifax (NYSE:EFX) Price Target Cut to $225.00 by Analysts at Deutsche Bank Aktiengesellschaft

Equifax (NYSE:EFXGet Rating) had its price objective dropped by equities researchers at Deutsche Bank Aktiengesellschaft from $265.00 to $225.00 in a report issued on Friday, The Fly reports. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 10.86% from the company’s previous close.

A number of other analysts have also commented on EFX. The Goldman Sachs Group decreased their price objective on Equifax from $255.00 to $221.00 in a research note on Thursday. Bank of America started coverage on Equifax in a research note on Friday, March 11th. They issued a “neutral” rating on the stock. Zacks Investment Research raised Equifax from a “sell” rating to a “hold” rating and set a $246.00 price target on the stock in a research note on Friday, February 11th. StockNews.com started coverage on Equifax in a research note on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, TheStreet lowered Equifax from a “b” rating to a “c+” rating in a research note on Friday, February 11th. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $268.42.

EFX opened at $202.95 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 1.24. The firm has a market cap of $24.94 billion, a P/E ratio of 33.66, a PEG ratio of 1.64 and a beta of 1.50. Equifax has a 52 week low of $202.94 and a 52 week high of $300.11. The business’s fifty day simple moving average is $225.45 and its 200 day simple moving average is $253.82.

Equifax (NYSE:EFXGet Rating) last posted its quarterly earnings data on Wednesday, April 20th. The credit services provider reported $2.22 EPS for the quarter, beating analysts’ consensus estimates of $2.14 by $0.08. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.32 billion. Equifax had a return on equity of 26.95% and a net margin of 15.11%. The business’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.97 earnings per share. As a group, equities analysts expect that Equifax will post 8.74 EPS for the current fiscal year.

In related news, insider Sid Singh sold 19,222 shares of the firm’s stock in a transaction dated Friday, February 25th. The stock was sold at an average price of $215.93, for a total transaction of $4,150,606.46. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.57% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the business. Penserra Capital Management LLC increased its holdings in Equifax by 10.0% during the 3rd quarter. Penserra Capital Management LLC now owns 439 shares of the credit services provider’s stock worth $111,000 after purchasing an additional 40 shares during the last quarter. Checchi Capital Advisers LLC increased its holdings in Equifax by 4.4% during the 4th quarter. Checchi Capital Advisers LLC now owns 1,089 shares of the credit services provider’s stock worth $319,000 after purchasing an additional 46 shares during the last quarter. Allworth Financial LP increased its holdings in Equifax by 2.0% during the 3rd quarter. Allworth Financial LP now owns 2,549 shares of the credit services provider’s stock worth $646,000 after purchasing an additional 49 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its position in shares of Equifax by 1.9% in the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 2,986 shares of the credit services provider’s stock worth $757,000 after acquiring an additional 56 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its position in shares of Equifax by 53.3% in the 4th quarter. First Horizon Advisors Inc. now owns 161 shares of the credit services provider’s stock worth $47,000 after acquiring an additional 56 shares in the last quarter. Institutional investors own 91.48% of the company’s stock.

Equifax Company Profile (Get Rating)

Equifax Inc provides information solutions and human resources business process automation outsourcing services for businesses, governments, and consumers. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers employment, income, criminal history, and social security number verification services, as well as payroll-based transaction, employment tax management, and identity theft protection products.

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