Needham & Company LLC Reaffirms Buy Rating for Equifax (NYSE:EFX)

Equifax (NYSE:EFX)‘s stock had its “buy” rating restated by Needham & Company LLC in a report issued on Tuesday,Benzinga reports. They presently have a $295.00 target price on the credit services provider’s stock. Needham & Company LLC’s price objective suggests a potential upside of 28.18% from the company’s current price.

Several other research firms have also recently weighed in on EFX. Robert W. Baird cut their price target on shares of Equifax from $310.00 to $289.00 and set an “outperform” rating on the stock in a report on Wednesday, July 23rd. UBS Group upped their price target on shares of Equifax from $287.00 to $297.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. Seaport Res Ptn raised Equifax to a “hold” rating in a research report on Wednesday, October 1st. Citigroup cut their price target on Equifax from $294.00 to $290.00 and set a “buy” rating for the company in a research note on Wednesday, July 23rd. Finally, Oppenheimer began coverage on Equifax in a research note on Monday, October 13th. They set an “outperform” rating and a $271.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $277.13.

Equifax Stock Performance

EFX opened at $230.15 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.79. The company’s fifty day moving average price is $245.42 and its two-hundred day moving average price is $250.61. Equifax has a 1-year low of $199.98 and a 1-year high of $281.07. The company has a market cap of $28.49 billion, a price-to-earnings ratio of 43.67, a PEG ratio of 2.64 and a beta of 1.68.

Equifax (NYSE:EFX) last posted its quarterly earnings results on Tuesday, October 21st. The credit services provider reported $2.04 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.10. The company had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.52 billion. Equifax had a net margin of 11.08% and a return on equity of 19.26%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.85 earnings per share. Equifax has set its Q4 2025 guidance at 1.980-2.080 EPS. FY 2025 guidance at 7.550-7.650 EPS. On average, analysts expect that Equifax will post 7.58 EPS for the current fiscal year.

Insiders Place Their Bets

In other Equifax news, CEO Mark W. Begor sold 48,264 shares of the firm’s stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $241.71, for a total value of $11,665,891.44. Following the completion of the sale, the chief executive officer owned 142,872 shares of the company’s stock, valued at approximately $34,533,591.12. This trade represents a 25.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On Equifax

Institutional investors and hedge funds have recently modified their holdings of the company. Country Trust Bank acquired a new stake in shares of Equifax during the second quarter worth about $26,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Equifax in the first quarter valued at approximately $28,000. Ameritas Advisory Services LLC purchased a new stake in shares of Equifax during the second quarter worth approximately $31,000. Zions Bancorporation National Association UT purchased a new stake in shares of Equifax during the first quarter worth approximately $32,000. Finally, Caldwell Trust Co acquired a new position in Equifax during the second quarter worth $33,000. Institutional investors and hedge funds own 96.20% of the company’s stock.

About Equifax

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.