Equifax (NYSE:EFX – Get Free Report) had its target price lifted by equities research analysts at Truist Financial from $270.00 to $285.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the credit services provider’s stock. Truist Financial’s price target points to a potential upside of 14.38% from the stock’s previous close.
Several other brokerages have also weighed in on EFX. Bank of America upgraded shares of Equifax from an “underperform” rating to a “buy” rating and lifted their target price for the company from $164.00 to $300.00 in a research report on Monday, January 8th. Jefferies Financial Group upgraded shares of Equifax from a “hold” rating to a “buy” rating and lifted their target price for the company from $200.00 to $315.00 in a research report on Monday, December 18th. Royal Bank of Canada reissued an “outperform” rating on shares of Equifax in a report on Friday, November 17th. Wells Fargo & Company raised shares of Equifax from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $200.00 to $290.00 in a report on Friday, December 15th. Finally, Redburn Atlantic downgraded shares of Equifax from a “buy” rating to a “neutral” rating and set a $272.00 price target for the company. in a report on Thursday, January 11th. Four investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat, Equifax has an average rating of “Moderate Buy” and a consensus price target of $261.53.
Equifax Stock Performance
NYSE EFX opened at $249.18 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.67 and a quick ratio of 1.01. The firm has a market capitalization of $30.70 billion, a price-to-earnings ratio of 56.63, a P/E/G ratio of 2.31 and a beta of 1.50. The company’s fifty day moving average is $242.71 and its two-hundred day moving average is $209.97. Equifax has a 52-week low of $159.95 and a 52-week high of $255.00.
Equifax (NYSE:EFX – Get Free Report) last issued its earnings results on Wednesday, February 7th. The credit services provider reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.74 by $0.07. Equifax had a net margin of 10.36% and a return on equity of 19.40%. The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same period in the previous year, the business earned $1.52 EPS. The firm’s revenue was up 10.7% on a year-over-year basis. Equities research analysts forecast that Equifax will post 8.07 EPS for the current year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Quadrant Capital Group LLC grew its stake in shares of Equifax by 2.2% in the fourth quarter. Quadrant Capital Group LLC now owns 1,838 shares of the credit services provider’s stock valued at $455,000 after acquiring an additional 40 shares in the last quarter. DAVENPORT & Co LLC grew its stake in shares of Equifax by 2.4% in the fourth quarter. DAVENPORT & Co LLC now owns 2,022 shares of the credit services provider’s stock valued at $500,000 after acquiring an additional 48 shares in the last quarter. Penserra Capital Management LLC grew its stake in shares of Equifax by 8.5% in the fourth quarter. Penserra Capital Management LLC now owns 637 shares of the credit services provider’s stock valued at $123,000 after acquiring an additional 50 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Equifax by 4.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,188 shares of the credit services provider’s stock valued at $231,000 after acquiring an additional 50 shares in the last quarter. Finally, BSW Wealth Partners grew its stake in shares of Equifax by 3.5% in the first quarter. BSW Wealth Partners now owns 1,518 shares of the credit services provider’s stock valued at $308,000 after acquiring an additional 51 shares in the last quarter. Institutional investors and hedge funds own 98.37% 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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Source: defenseworld.net
