Wall Street analysts predict that Equifax (NYSE:EFX) will announce earnings of $1.37 per share for the current quarter, Zacks Investment Research reports. Seven analysts have made estimates for Equifax’s earnings. The lowest EPS estimate is $1.34 and the highest is $1.39. Equifax posted earnings of $1.44 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 4.9%. The firm is expected to announce its next earnings results on Wednesday, April 25th.
According to Zacks, analysts expect that Equifax will report full-year earnings of $5.91 per share for the current year, with EPS estimates ranging from $5.80 to $5.99. For the next fiscal year, analysts anticipate that the business will post earnings of $6.47 per share, with EPS estimates ranging from $6.05 to $6.80. Zacks’ EPS averages are a mean average based on a survey of research analysts that that provide coverage for Equifax.
Equifax (NYSE:EFX) last issued its quarterly earnings results on Thursday, March 1st. The credit services provider reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.04. Equifax had a return on equity of 23.31% and a net margin of 17.47%. The business had revenue of $838.50 million for the quarter, compared to the consensus estimate of $825.70 million. During the same quarter in the previous year, the company posted $1.42 earnings per share. Equifax’s revenue for the quarter was up 4.7% compared to the same quarter last year.
A number of research analysts have recently weighed in on the company. Morgan Stanley lifted their price target on Equifax from $112.00 to $119.00 and gave the company an “equal weight” rating in a report on Wednesday, January 31st. Zacks Investment Research raised Equifax from a “sell” rating to a “hold” rating in a research report on Tuesday, January 16th. Royal Bank of Canada lifted their price objective on Equifax to $126.00 and gave the company a “sector perform” rating in a research report on Friday, January 19th. Robert W. Baird reissued a “buy” rating and set a $137.00 price objective on shares of Equifax in a research report on Tuesday, January 9th. Finally, SunTrust Banks lifted their price objective on Equifax to $140.00 and gave the company a “buy” rating in a research report on Monday, March 5th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $127.33.
Large investors have recently made changes to their positions in the business. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Equifax in the fourth quarter worth about $101,000. Valeo Financial Advisors LLC acquired a new stake in shares of Equifax in the third quarter worth about $130,000. Truewealth LLC acquired a new stake in shares of Equifax in the fourth quarter worth about $164,000. Pinnacle Financial Partners Inc. acquired a new stake in shares of Equifax in the fourth quarter worth about $201,000. Finally, Deroy & Devereaux Private Investment Counsel Inc. acquired a new stake in shares of Equifax in the fourth quarter worth about $203,000. 93.44% of the stock is owned by institutional investors.
Shares of EFX stock traded up $2.48 on Thursday, reaching $119.14. 295,116 shares of the company’s stock traded hands, compared to its average volume of 1,176,710. Equifax has a 12-month low of $89.59 and a 12-month high of $147.02. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $13,934.37, a price-to-earnings ratio of 19.85, a P/E/G ratio of 2.51 and a beta of 0.93.
The business also recently declared a quarterly dividend, which was paid on Friday, March 30th. Shareholders of record on Monday, March 12th were given a $0.39 dividend. The ex-dividend date was Friday, March 9th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.31%. Equifax’s dividend payout ratio is currently 26.13%.
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Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.
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