Equifax (NYSE:EFX) Price Target Cut to $244.00

Equifax (NYSE:EFXGet Rating) had its price objective lowered by equities research analysts at Royal Bank of Canada from $300.00 to $244.00 in a research report issued to clients and investors on Thursday, The Fly reports. The brokerage presently has an “outperform” rating on the credit services provider’s stock. Royal Bank of Canada’s price objective suggests a potential upside of 19.84% from the stock’s current price.

EFX has been the topic of several other reports. TheStreet downgraded shares of Equifax from a “b” rating to a “c+” rating in a report on Friday, February 11th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Equifax in a research report on Tuesday, March 29th. They issued a “hold” rating and a $265.00 price objective for the company. Zacks Investment Research raised shares of Equifax from a “sell” rating to a “hold” rating and set a $246.00 price objective for the company in a research report on Friday, February 11th. Truist Financial raised shares of Equifax from a “hold” rating to a “buy” rating and set a $280.00 price objective for the company in a research report on Thursday, January 27th. Finally, Robert W. Baird raised shares of Equifax from a “neutral” rating to an “outperform” rating and lowered their price objective for the company from $290.00 to $281.00 in a research report on Monday, January 24th. Seven analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $260.54.

Shares of EFX stock opened at $203.60 on Thursday. The stock has a market cap of $25.02 billion, a P/E ratio of 33.76, a PEG ratio of 1.64 and a beta of 1.50. Equifax has a 52 week low of $201.41 and a 52 week high of $300.11. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 1.24. The company’s fifty day simple moving average is $225.01 and its two-hundred day simple moving average is $253.47.

Equifax (NYSE:EFXGet Rating) last posted its earnings results on Wednesday, April 20th. The credit services provider reported $2.22 earnings per share for the quarter, topping analysts’ consensus estimates of $2.14 by $0.08. Equifax had a net margin of 15.11% and a return on equity of 26.95%. The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the previous year, the firm posted $1.97 EPS. The business’s quarterly revenue was up 12.4% on a year-over-year basis. On average, analysts anticipate that Equifax will post 8.74 EPS for the current fiscal year.

In other Equifax news, insider Sid Singh sold 19,222 shares of the company’s stock in a transaction that occurred on Friday, February 25th. The shares were sold at an average price of $215.93, for a total transaction of $4,150,606.46. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.57% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Equitec Proprietary Markets LLC acquired a new stake in Equifax during the fourth quarter valued at $29,000. First Horizon Advisors Inc. grew its position in Equifax by 208.8% during the third quarter. First Horizon Advisors Inc. now owns 105 shares of the credit services provider’s stock valued at $27,000 after buying an additional 71 shares during the period. Liberty Wealth Management LLC lifted its holdings in Equifax by 1,514.3% during the third quarter. Liberty Wealth Management LLC now owns 113 shares of the credit services provider’s stock valued at $30,000 after purchasing an additional 106 shares in the last quarter. Addison Advisors LLC purchased a new position in Equifax during the fourth quarter valued at $34,000. Finally, CVA Family Office LLC purchased a new position in Equifax during the fourth quarter valued at $37,000. Hedge funds and other institutional investors own 91.48% 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.

Recommended Stories

The Fly logo

Analyst Recommendations for Equifax (NYSE:EFX)

Receive News & Ratings for Equifax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax and related companies with MarketBeat.com's FREE daily email newsletter.