Equifax (NYSE:EFX – Get Free Report) had its price objective decreased by analysts at Bank of America from $285.00 to $250.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “neutral” rating on the credit services provider’s stock. Bank of America‘s price target points to a potential upside of 5.53% from the company’s previous close.
Other research analysts also recently issued reports about the company. Robert W. Baird cut their price objective on Equifax from $310.00 to $289.00 and set an “outperform” rating for the company in a research report on Wednesday, July 23rd. Citigroup dropped their price target on Equifax from $294.00 to $290.00 and set a “buy” rating for the company in a research report on Wednesday, July 23rd. Seaport Res Ptn upgraded Equifax to a “hold” rating in a research report on Wednesday. Needham & Company LLC reiterated a “buy” rating and set a $295.00 price objective on shares of Equifax in a research report on Friday, June 20th. Finally, Stifel Nicolaus upped their target price on shares of Equifax from $277.00 to $295.00 and gave the company a “buy” rating in a report on Wednesday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $282.47.
Check Out Our Latest Analysis on Equifax
Equifax Trading Up 2.0%
Equifax (NYSE:EFX – Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The credit services provider reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.92 by $0.08. The firm had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.51 billion. Equifax had a net margin of 10.95% and a return on equity of 18.89%. The firm’s revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.82 EPS. Equifax has set its Q3 2025 guidance at 1.870-1.970 EPS. FY 2025 guidance at 7.330-7.630 EPS. On average, analysts forecast that Equifax will post 7.58 earnings per share for the current fiscal year.
Insider Activity at Equifax
In other news, CEO Mark W. Begor sold 48,264 shares of the stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $241.71, for a total transaction of $11,665,891.44. Following the transaction, the chief executive officer directly owned 142,872 shares in the company, valued at $34,533,591.12. This represents a 25.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.40% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Equifax
Large investors have recently bought and sold shares of the stock. Inspire Investing LLC grew its stake in shares of Equifax by 28.0% during the 1st quarter. Inspire Investing LLC now owns 1,295 shares of the credit services provider’s stock valued at $315,000 after buying an additional 283 shares during the period. Capital Investment Advisors LLC grew its position in Equifax by 31.8% during the second quarter. Capital Investment Advisors LLC now owns 4,443 shares of the credit services provider’s stock valued at $1,152,000 after acquiring an additional 1,072 shares during the period. DAVENPORT & Co LLC grew its position in Equifax by 12.0% during the first quarter. DAVENPORT & Co LLC now owns 2,212 shares of the credit services provider’s stock valued at $539,000 after acquiring an additional 237 shares during the period. Teacher Retirement System of Texas increased its stake in Equifax by 1,464.7% during the first quarter. Teacher Retirement System of Texas now owns 18,119 shares of the credit services provider’s stock worth $4,413,000 after acquiring an additional 16,961 shares during the last quarter. Finally, OneDigital Investment Advisors LLC purchased a new position in shares of Equifax in the 1st quarter worth about $209,000. Hedge funds and other institutional investors own 96.20% of the company’s stock.
Equifax Company Profile
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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