Wall Street brokerages expect Equifax Inc. (NYSE:EFX) to announce sales of $854.02 million for the current fiscal quarter, Zacks reports. Seven analysts have provided estimates for Equifax’s earnings. The lowest sales estimate is $844.58 million and the highest is $858.80 million. Equifax reported sales of $832.20 million in the same quarter last year, which would suggest a positive year over year growth rate of 2.6%. The business is scheduled to announce its next earnings results on Wednesday, April 25th.
According to Zacks, analysts expect that Equifax will report full-year sales of $854.02 million for the current year, with estimates ranging from $3.46 billion to $3.51 billion. For the next year, analysts forecast that the business will report sales of $3.69 billion per share, with estimates ranging from $3.62 billion to $3.73 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that cover Equifax.
Equifax (NYSE:EFX) last released its quarterly earnings data on Thursday, March 1st. The credit services provider reported $1.39 EPS for the quarter, beating the Zacks’ consensus estimate of $1.35 by $0.04. The company had revenue of $838.50 million during the quarter, compared to the consensus estimate of $825.70 million. Equifax had a net margin of 17.47% and a return on equity of 23.31%. Equifax’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.42 EPS.
A number of brokerages have recently issued reports on EFX. Royal Bank of Canada cut their price target on shares of Equifax to $121.00 and set a “sector perform” rating for the company in a report on Monday, March 5th. Robert W. Baird restated a “buy” rating and set a $137.00 price target on shares of Equifax in a report on Tuesday, January 9th. SunTrust Banks raised their price target on shares of Equifax to $140.00 and gave the stock a “buy” rating in a report on Monday, March 5th. Barclays cut their price target on shares of Equifax from $120.00 to $128.00 and set an “equal weight” rating for the company in a report on Monday, March 5th. Finally, Zacks Investment Research upgraded shares of Equifax from a “sell” rating to a “hold” rating in a report on Tuesday, January 16th. Nine analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Equifax currently has a consensus rating of “Buy” and a consensus target price of $130.07.
Institutional investors have recently bought and sold shares of the stock. Benjamin F. Edwards & Company Inc. acquired a new stake in Equifax in the 4th quarter valued at approximately $101,000. Valeo Financial Advisors LLC acquired a new stake in Equifax in the 3rd quarter valued at approximately $130,000. Truewealth LLC acquired a new stake in Equifax in the 4th quarter valued at approximately $164,000. Pinnacle Financial Partners Inc. acquired a new stake in Equifax in the 4th quarter valued at approximately $201,000. Finally, Deroy & Devereaux Private Investment Counsel Inc. acquired a new stake in Equifax in the 4th quarter valued at approximately $203,000. Hedge funds and other institutional investors own 93.35% of the company’s stock.
Shares of Equifax (NYSE EFX) opened at $123.46 on Friday. The company has a market cap of $14,850.00, a PE ratio of 27.87, a price-to-earnings-growth ratio of 2.08 and a beta of 0.99. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.54. Equifax has a 1-year low of $89.59 and a 1-year high of $147.02.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Monday, March 12th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Friday, March 9th. This represents a $1.56 annualized dividend and a yield of 1.26%. Equifax’s dividend payout ratio (DPR) is presently 35.21%.
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Equifax Company Profile
Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
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