Equifax (NYSE:EFX) Price Target Lowered to $260.00 at Robert W. Baird

Equifax (NYSE:EFX) had its target price decreased by equities research analysts at Robert W. Baird from $275.00 to $260.00 in a report issued on Friday, Benzinga reports. The firm presently has an “outperform” rating on the credit services provider’s stock. Robert W. Baird’s price objective points to a potential upside of 19.53% from the company’s previous close.

Other research analysts also recently issued reports about the company. The Goldman Sachs Group lifted their target price on Equifax from $195.00 to $222.00 and gave the stock a “neutral” rating in a research note on Friday, December 29th. Bank of America raised Equifax from an “underperform” rating to a “buy” rating and lifted their price target for the stock from $164.00 to $300.00 in a report on Monday, January 8th. Oppenheimer lifted their price target on Equifax from $273.00 to $291.00 and gave the stock an “outperform” rating in a report on Tuesday, April 9th. Redburn Atlantic cut 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. Finally, Truist Financial lifted their price target on Equifax from $270.00 to $285.00 and gave the stock a “buy” rating in a report on Friday, February 9th. Four equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $268.24.

Equifax Stock Performance

Shares of NYSE EFX opened at $217.51 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.04. Equifax has a 12 month low of $159.95 and a 12 month high of $275.10. The stock has a 50 day moving average of $258.45 and a 200-day moving average of $230.95. The company has a market capitalization of $27.02 billion, a P/E ratio of 48.44, a P/E/G ratio of 1.87 and a beta of 1.51.

Equifax (NYSE:EFX) last issued its earnings results on Thursday, April 18th. The credit services provider reported $1.50 EPS for the quarter, topping the consensus estimate of $1.44 by $0.06. Equifax had a return on equity of 19.33% and a net margin of 10.42%. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the previous year, the company posted $1.43 EPS. The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. As a group, equities research analysts predict that Equifax will post 7.53 EPS for the current year.

Hedge Funds Weigh In On Equifax

Several institutional investors have recently modified their holdings of the business. Quadrant Capital Group LLC grew its holdings 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 holdings 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. Ballentine Partners LLC grew its holdings in shares of Equifax by 5.1% in the first quarter. Ballentine Partners LLC now owns 1,038 shares of the credit services provider’s stock valued at $278,000 after acquiring an additional 50 shares in the last quarter. Penserra Capital Management LLC grew its holdings 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. Finally, Steward Partners Investment Advisory LLC grew its holdings 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. 96.20% of the stock is owned by institutional investors.

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.