Equifax Inc. (NYSE:EFX) – Analysts at SunTrust Banks upped their FY2018 earnings estimates for shares of Equifax in a research report issued to clients and investors on Monday, Zacks Investment Research reports. SunTrust Banks analyst A. Jeffrey now expects that the credit services provider will post earnings per share of $5.92 for the year, up from their prior estimate of $5.33. SunTrust Banks has a “Buy” rating and a $140.00 price objective on the stock. SunTrust Banks also issued estimates for Equifax’s FY2019 earnings at $6.80 EPS.
EFX has been the subject of a number of other reports. Zacks Investment Research raised shares of Equifax from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 14th. Morgan Stanley boosted their target price on shares of Equifax from $112.00 to $119.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 31st. Wells Fargo & Co reissued a “buy” rating and set a $132.00 target price (up from $127.00) on shares of Equifax in a research note on Monday, March 5th. William Blair reissued an “outperform” rating on shares of Equifax in a research note on Thursday, March 1st. Finally, Barclays lowered their target price on shares of Equifax from $120.00 to $128.00 and set an “equal weight” rating for the company in a research note on Monday, March 5th. Nine analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $130.07.
Equifax (NYSE:EFX) last posted its quarterly earnings data on Thursday, March 1st. The credit services provider reported $1.39 EPS for the quarter, topping the consensus estimate of $1.35 by $0.04. The company had revenue of $838.50 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.42 earnings per share.
A number of large investors have recently added to or reduced their stakes in EFX. Benjamin F. Edwards & Company Inc. purchased a new stake in Equifax in the fourth quarter worth about $101,000. Valeo Financial Advisors LLC purchased a new stake in Equifax in the third quarter worth about $130,000. Truewealth LLC purchased a new stake in Equifax in the fourth quarter worth about $164,000. Pinnacle Financial Partners Inc. purchased a new stake in Equifax in the fourth quarter worth about $201,000. Finally, Deroy & Devereaux Private Investment Counsel Inc. purchased a new stake in Equifax in the fourth quarter worth about $203,000. 93.35% of the stock is owned by institutional investors.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Monday, March 12th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend is Friday, March 9th. 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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