Analysts Anticipate Equifax Inc. (NYSE:EFX) Will Post Quarterly Sales of $1.32 Billion

Equities research analysts expect that Equifax Inc. (NYSE:EFXGet Rating) will report $1.32 billion in sales for the current quarter, according to Zacks. Ten analysts have provided 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 in the same quarter last year, which would suggest a positive year over year growth rate of 7.3%. The business is scheduled to issue its next earnings results on Monday, January 1st.

On average, analysts expect that Equifax will report full-year sales of $5.23 billion for the current fiscal year, with estimates ranging from $5.16 billion to $5.34 billion. For the next financial year, analysts anticipate that the firm will report sales of $5.73 billion, with estimates ranging from $5.54 billion to $6.01 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that cover Equifax.

Equifax (NYSE:EFXGet Rating) last posted its quarterly earnings results on Wednesday, April 20th. The credit services provider reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.14 by $0.08. The company had revenue of $1.36 billion for 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%. The firm’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.97 EPS.

Several analysts have commented on EFX shares. Royal Bank of Canada cut their target price on Equifax from $300.00 to $244.00 and set an “outperform” rating on the stock in a research note on Thursday, April 21st. Robert W. Baird upgraded Equifax from a “neutral” rating to an “outperform” rating and cut their target price for the company from $290.00 to $281.00 in a research note on Monday, January 24th. Deutsche Bank Aktiengesellschaft cut their target price on Equifax from $265.00 to $225.00 and set a “hold” rating on the stock in a research note on Friday, April 22nd. Truist Financial upgraded Equifax from a “hold” rating to a “buy” rating and set a $280.00 target price on the stock in a research note on Thursday, January 27th. Finally, TheStreet upgraded Equifax from a “c+” rating to a “b-” rating in a research note on Wednesday, April 27th. Seven equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $260.54.

In other Equifax 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Mark W. Begor sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, April 27th. The shares were 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 $8,945,500.08. The disclosure for this sale can be found here. 1.57% of the stock is currently owned by company insiders.

A number of large investors have recently bought and sold shares of EFX. JPMorgan Chase & Co. raised its holdings in Equifax by 131.6% during the fourth quarter. JPMorgan Chase & Co. now owns 3,112,175 shares of the credit services provider’s stock valued at $911,215,000 after acquiring an additional 1,768,646 shares during the period. BlackRock Inc. increased its holdings in shares of Equifax by 12.9% in the third quarter. BlackRock Inc. now owns 9,434,980 shares of the credit services provider’s stock worth $2,391,014,000 after purchasing an additional 1,077,757 shares during the last quarter. Norges Bank bought a new stake in shares of Equifax in the fourth quarter worth about $281,318,000. Invesco Ltd. increased its holdings in shares of Equifax by 21.2% in the fourth quarter. Invesco Ltd. now owns 3,065,551 shares of the credit services provider’s stock worth $897,562,000 after purchasing an additional 536,419 shares during the last quarter. Finally, AKO Capital LLP increased its holdings in shares of Equifax by 25.3% in the first quarter. AKO Capital LLP now owns 2,057,417 shares of the credit services provider’s stock worth $487,814,000 after purchasing an additional 415,080 shares during the last quarter. 90.92% of the stock is currently owned by institutional investors and hedge funds.

Equifax stock opened at $208.23 on Friday. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $25.47 billion, a P/E ratio of 33.64, a PEG ratio of 1.76 and a beta of 1.50. The stock’s 50 day moving average is $223.19 and its 200 day moving average is $249.80. Equifax has a twelve month low of $199.63 and a twelve month high of $300.11.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 15th. Investors of record on Wednesday, May 25th will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.75%. Equifax’s dividend payout ratio is currently 25.20%.

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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Earnings History and Estimates for Equifax (NYSE:EFX)

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