Equifax (NYSE:EFX) Raised to Hold at StockNews.com

StockNews.com upgraded shares of Equifax (NYSE:EFXGet Rating) from a sell rating to a hold rating in a research report released on Wednesday morning.

EFX has been the topic of several other reports. The Goldman Sachs Group reduced their price target on Equifax from $255.00 to $221.00 and set a neutral rating on the stock in a research note on Thursday, April 21st. TheStreet raised Equifax from a c+ rating to a b- rating in a research note on Wednesday, April 27th. Barclays cut their target price on Equifax from $250.00 to $215.00 and set an overweight rating on the stock in a research note on Friday, June 17th. Truist Financial cut their target price on Equifax from $250.00 to $230.00 and set a buy rating on the stock in a research note on Friday, July 22nd. Finally, Needham & Company LLC cut their target price on Equifax from $335.00 to $275.00 and set a buy rating on the stock in a research note on Friday, April 22nd. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, Equifax has an average rating of Moderate Buy and an average target price of $246.29.

Equifax Stock Performance

Shares of EFX stock opened at $212.45 on Wednesday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.51 and a current ratio of 0.51. Equifax has a fifty-two week low of $169.25 and a fifty-two week high of $300.11. The stock has a 50 day moving average price of $192.30 and a two-hundred day moving average price of $210.24. The company has a market capitalization of $26.00 billion, a P/E ratio of 34.94, a PEG ratio of 2.09 and a beta of 1.49.

Equifax (NYSE:EFXGet Rating) last announced its earnings results on Wednesday, July 20th. The credit services provider reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $2.03 by $0.06. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.32 billion. Equifax had a return on equity of 26.69% and a net margin of 14.54%. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.98 earnings per share. Analysts expect that Equifax will post 7.67 earnings per share for the current year.

Institutional Trading of Equifax

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Checchi Capital Advisers LLC raised its stake 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 valued at $319,000 after purchasing an additional 46 shares during the period. Texas Capital Bank Wealth Management Services Inc. raised its stake in Equifax by 3.8% during the 1st quarter. Texas Capital Bank Wealth Management Services Inc. now owns 1,380 shares of the credit services provider’s stock valued at $327,000 after purchasing an additional 50 shares during the period. United Capital Financial Advisers LLC raised its stake in Equifax by 4.0% during the 1st quarter. United Capital Financial Advisers LLC now owns 1,411 shares of the credit services provider’s stock valued at $334,000 after purchasing an additional 54 shares during the period. MAI Capital Management grew its holdings in Equifax by 3.9% during the 2nd quarter. MAI Capital Management now owns 1,473 shares of the credit services provider’s stock valued at $269,000 after buying an additional 55 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its holdings in Equifax by 53.3% during the 4th quarter. First Horizon Advisors Inc. now owns 161 shares of the credit services provider’s stock valued at $47,000 after buying an additional 56 shares in the last quarter. Institutional investors own 90.92% 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.

See Also

Analyst Recommendations for Equifax (NYSE:EFX)

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