Oppenheimer Lowers Equifax (NYSE:EFX) Price Target to $272.00

Equifax (NYSE:EFX) had its target price decreased by Oppenheimer from $291.00 to $272.00 in a research report report published on Friday, Benzinga reports. Oppenheimer currently has an outperform rating on the credit services provider’s stock.

Several other research firms also recently weighed in on EFX. Redburn Atlantic downgraded Equifax from a buy rating to a neutral rating and set a $272.00 price objective for the company. in a report on Thursday, January 11th. JPMorgan Chase & Co. decreased their price objective on Equifax from $290.00 to $273.00 and set an overweight rating for the company in a report on Friday. Truist Financial lifted their price objective on Equifax from $270.00 to $285.00 and gave the company a buy rating in a report on Friday, February 9th. Stifel Nicolaus lifted their price objective on Equifax from $208.00 to $289.00 and gave the company a buy rating in a report on Tuesday, January 9th. Finally, The Goldman Sachs Group decreased their price objective on Equifax from $276.00 to $241.00 and set a neutral rating for the company in a report on Friday. Four research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of Moderate Buy and an average price target of $266.35.

Equifax Stock Down 0.6 %

Shares of EFX opened at $216.20 on Friday. The company has a market cap of $26.86 billion, a PE ratio of 48.15, a P/E/G ratio of 1.76 and a beta of 1.51. The business has a fifty day moving average of $257.79 and a 200 day moving average of $231.21. Equifax has a 52-week low of $159.95 and a 52-week high of $275.10. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 1.04.

Equifax (NYSE:EFX) last issued its quarterly earnings results on Thursday, April 18th. The credit services provider reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.06. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.40 billion. Equifax had a return on equity of 19.08% and a net margin of 10.42%. Equifax’s revenue was up 6.7% on a year-over-year basis. During the same period last year, the company earned $1.43 earnings per share. On average, sell-side analysts expect that Equifax will post 7.34 EPS for the current year.

Equifax Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, February 23rd were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.72%. Equifax’s payout ratio is 34.74%.

Institutional Investors Weigh In On Equifax

Large investors have recently modified their holdings of the business. KB Financial Partners LLC purchased a new stake in shares of Equifax during the third quarter worth about $25,000. Wetzel Investment Advisors Inc. purchased a new stake in shares of Equifax during the fourth quarter worth about $25,000. Eagle Bay Advisors LLC purchased a new stake in shares of Equifax during the second quarter worth about $29,000. Geneos Wealth Management Inc. lifted its holdings in shares of Equifax by 70.8% during the third quarter. Geneos Wealth Management Inc. now owns 193 shares of the credit services provider’s stock worth $35,000 after purchasing an additional 80 shares during the period. Finally, Smithfield Trust Co lifted its holdings in shares of Equifax by 55.5% during the third quarter. Smithfield Trust Co now owns 199 shares of the credit services provider’s stock worth $36,000 after purchasing an additional 71 shares during the period. Hedge funds and other institutional investors own 96.20% 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.