Zacks: Brokerages Anticipate Equifax Inc. (EFX) Will Announce Earnings of $1.54 Per Share

Equities research analysts forecast that Equifax Inc. (NYSE:EFX) will announce earnings per share (EPS) of $1.54 for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for Equifax’s earnings. The lowest EPS estimate is $1.53 and the highest is $1.57. Equifax posted earnings of $1.60 per share in the same quarter last year, which would suggest a negative year over year growth rate of 3.8%. The firm is expected to report its next earnings report on Wednesday, July 25th.

According to Zacks, analysts expect that Equifax will report full-year earnings of $5.94 per share for the current year, with EPS estimates ranging from $5.91 to $5.99. For the next financial year, analysts forecast that the firm will report earnings of $6.44 per share, with EPS estimates ranging from $6.24 to $6.66. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that cover Equifax.

Equifax (NYSE:EFX) last issued its earnings results on Wednesday, April 25th. The credit services provider reported $1.43 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.37 by $0.06. Equifax had a return on equity of 22.55% and a net margin of 15.46%. The business had revenue of $865.70 million during the quarter, compared to analyst estimates of $854.89 million. During the same quarter in the previous year, the firm earned $1.44 EPS. Equifax’s revenue was up 4.0% on a year-over-year basis.



A number of equities analysts have weighed in on EFX shares. Morgan Stanley boosted their target price on Equifax from $119.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, April 27th. ValuEngine lowered Equifax from a “hold” rating to a “sell” rating in a research report on Friday, May 4th. SunTrust Banks boosted their target price on Equifax to $140.00 and gave the stock a “buy” rating in a research report on Monday, March 5th. Barclays decreased their target price on Equifax from $120.00 to $128.00 and set an “equal weight” rating for the company in a research report on Monday, March 5th. Finally, Wells Fargo & Co reissued a “buy” rating and issued a $132.00 target price (up previously from $127.00) on shares of Equifax in a research report on Monday, March 5th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the company’s stock. Equifax presently has an average rating of “Hold” and an average target price of $124.64.

Shares of Equifax opened at $126.02 on Wednesday, Marketbeat.com reports. Equifax has a fifty-two week low of $89.59 and a fifty-two week high of $147.02. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $15.01 billion, a price-to-earnings ratio of 21.11, a price-to-earnings-growth ratio of 2.63 and a beta of 0.94.

The company also recently declared a quarterly dividend, which was paid on Friday, June 15th. Shareholders of record on Friday, May 25th were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Thursday, May 24th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.24%. Equifax’s dividend payout ratio is currently 26.13%.

In other news, CEO Mark W. Begor purchased 8,700 shares of the business’s stock in a transaction on Friday, May 25th. The stock was acquired at an average cost of $115.01 per share, for a total transaction of $1,000,587.00. Following the purchase, the chief executive officer now directly owns 46,491 shares in the company, valued at approximately $5,346,929.91. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.45% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the business. Truewealth LLC bought a new stake in shares of Equifax during the 4th quarter valued at about $164,000. Massey Quick Simon & CO. LLC grew its stake in shares of Equifax by 9,375.0% during the 1st quarter. Massey Quick Simon & CO. LLC now owns 1,516 shares of the credit services provider’s stock valued at $179,000 after acquiring an additional 1,500 shares during the period. Point72 Asia Hong Kong Ltd grew its stake in shares of Equifax by 1,186.4% during the 1st quarter. Point72 Asia Hong Kong Ltd now owns 1,518 shares of the credit services provider’s stock valued at $179,000 after acquiring an additional 1,400 shares during the period. Douglass Winthrop Advisors LLC bought a new position in shares of Equifax during the 4th quarter valued at approximately $211,000. Finally, HPM Partners LLC bought a new position in shares of Equifax during the 4th quarter valued at approximately $219,000. Institutional investors and hedge funds own 90.18% of the company’s stock.

Equifax Company Profile

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.

Get a free copy of the Zacks research report on Equifax (EFX)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Equifax (NYSE:EFX)

Receive News & Ratings for Equifax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equifax and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply