Equities research analysts expect Equifax Inc. (NYSE:EFX – Get Rating) to post sales of $1.32 billion for the current fiscal quarter, according to Zacks. Ten analysts have issued estimates for Equifax’s earnings. The lowest sales estimate is $1.31 billion and the highest is $1.33 billion. Equifax reported sales of $1.23 billion during the same quarter last year, which indicates a positive year-over-year growth rate of 7.3%. The firm is expected to issue its next quarterly earnings results on Monday, January 1st.
On average, analysts expect that Equifax will report full year sales of $5.23 billion for the current financial year, with estimates ranging from $5.16 billion to $5.34 billion. For the next year, analysts expect that the company will post sales of $5.73 billion, with estimates ranging from $5.54 billion to $6.01 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that cover Equifax.
Equifax (NYSE:EFX – Get Rating) last issued its quarterly earnings results 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 firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.32 billion. Equifax had a return on equity of 26.93% and a net margin of 15.06%. Equifax’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.97 earnings per share.
Shares of EFX opened at $208.23 on Friday. The company has a market capitalization of $25.47 billion, a P/E ratio of 33.64, a P/E/G ratio of 1.76 and a beta of 1.50. Equifax has a one year low of $199.63 and a one year high of $300.11. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.54 and a current ratio of 0.54. The stock has a 50-day moving average price of $223.19 and a 200 day moving average price of $249.80.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 15th. Investors of record on Wednesday, May 25th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.75%. Equifax’s dividend payout ratio is currently 25.20%.
In related news, CEO Mark W. Begor sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 27th. The stock was sold at an average price of $204.74, for a total value of $3,071,100.00. Following the sale, the chief executive officer now directly owns 43,692 shares in the company, valued at approximately $8,945,500.08. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, 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 disclosure for this sale can be found here. 1.57% of the stock is owned by company insiders.
A number of hedge funds and other institutional investors have recently modified their holdings of EFX. First Trust Advisors LP boosted its stake in Equifax by 90.5% during the 1st quarter. First Trust Advisors LP now owns 52,098 shares of the credit services provider’s stock valued at $6,174,000 after purchasing an additional 24,756 shares in the last quarter. Advisor Group Holdings Inc. boosted its stake in Equifax by 39.7% during the 3rd quarter. Advisor Group Holdings Inc. now owns 22,814 shares of the credit services provider’s stock valued at $5,788,000 after purchasing an additional 6,485 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in Equifax by 4.0% during the 3rd quarter. Daiwa Securities Group Inc. now owns 6,825 shares of the credit services provider’s stock valued at $1,730,000 after purchasing an additional 263 shares in the last quarter. Truist Financial Corp boosted its stake in Equifax by 5.8% during the 3rd quarter. Truist Financial Corp now owns 53,893 shares of the credit services provider’s stock valued at $13,657,000 after purchasing an additional 2,945 shares in the last quarter. Finally, Moors & Cabot Inc. bought a new stake in shares of Equifax during the 3rd quarter worth $561,000. 90.92% of the stock is owned by hedge funds and other institutional investors.
About Equifax (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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