Equifax Inc. (NYSE:EFX – Get Free Report) CEO Mark W. Begor sold 7,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $166.58, for a total transaction of $1,166,060.00. Following the completion of the transaction, the chief executive officer now directly owns 63,011 shares of the company’s stock, valued at approximately $10,496,372.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Equifax Stock Up 2.2 %
EFX stock opened at $181.82 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.28. Equifax Inc. has a fifty-two week low of $159.56 and a fifty-two week high of $240.35. The firm’s 50-day simple moving average is $186.21 and its 200 day simple moving average is $202.89. The stock has a market cap of $22.40 billion, a PE ratio of 43.09, a price-to-earnings-growth ratio of 2.44 and a beta of 1.41.
Equifax (NYSE:EFX – Get Free Report) last released its quarterly earnings data on Thursday, October 19th. The credit services provider reported $1.76 earnings per share for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.02). The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.33 billion. Equifax had a return on equity of 19.15% and a net margin of 10.15%. The firm’s revenue was up 6.0% on a year-over-year basis. During the same period last year, the business earned $1.73 EPS. As a group, sell-side analysts predict that Equifax Inc. will post 6.63 EPS for the current year.
Equifax Announces Dividend
Analysts Set New Price Targets
Several brokerages recently commented on EFX. Wells Fargo & Company dropped their price target on shares of Equifax from $215.00 to $200.00 and set an “equal weight” rating for the company in a research report on Friday, October 20th. The Goldman Sachs Group decreased their price objective on shares of Equifax from $232.00 to $208.00 and set a “neutral” rating for the company in a research note on Monday, October 2nd. JPMorgan Chase & Co. upped their target price on shares of Equifax from $238.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, July 21st. Truist Financial decreased their target price on shares of Equifax from $250.00 to $210.00 and set a “buy” rating for the company in a research note on Friday, October 20th. Finally, StockNews.com started coverage on shares of Equifax in a report on Thursday, October 5th. They issued a “hold” rating on the stock. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $215.19.
Hedge Funds Weigh In On Equifax
A number of institutional investors and hedge funds have recently bought and sold shares of EFX. Capital Advisors Ltd. LLC boosted its position in shares of Equifax by 273.3% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 112 shares of the credit services provider’s stock valued at $26,000 after purchasing an additional 82 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC purchased a new stake in shares of Equifax in the third quarter worth approximately $27,000. Spire Wealth Management raised its position in Equifax by 118.5% during the first quarter. Spire Wealth Management now owns 142 shares of the credit services provider’s stock valued at $29,000 after acquiring an additional 77 shares in the last quarter. Eagle Bay Advisors LLC bought a new position in Equifax during the second quarter valued at approximately $29,000. Finally, Geneos Wealth Management Inc. raised its position in Equifax by 70.8% during the third quarter. Geneos Wealth Management Inc. now owns 193 shares of the credit services provider’s stock valued at $35,000 after acquiring an additional 80 shares in the last quarter. Institutional investors own 98.37% of the company’s stock.
Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.
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