Equifax (EFX) Now Covered by Analysts at BNP Paribas

BNP Paribas began coverage on shares of Equifax (NYSE:EFX) in a report issued on Friday morning. The firm issued an underperform rating and a $106.00 price target on the credit services provider’s stock.

Several other equities research analysts also recently issued reports on the company. Exane BNP Paribas began coverage on Equifax in a report on Friday. They issued a neutral rating and a $106.00 price target for the company. Morgan Stanley set a $103.00 price objective on Equifax and gave the stock a hold rating in a report on Friday, February 22nd. SunTrust Banks reiterated a buy rating and set a $125.00 price objective on shares of Equifax in a report on Friday, February 22nd. They noted that the move was a valuation call. Zacks Investment Research upgraded Equifax from a sell rating to a hold rating in a report on Friday, February 22nd. Finally, Credit Suisse Group increased their price objective on Equifax from $125.00 to $130.00 and gave the stock an outperform rating in a report on Friday, February 22nd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of $119.45.

Shares of Equifax stock traded up $0.70 during trading hours on Friday, hitting $111.02. The company’s stock had a trading volume of 884,799 shares, compared to its average volume of 1,130,247. Equifax has a 12 month low of $88.68 and a 12 month high of $138.69. The company has a market capitalization of $13.40 billion, a P/E ratio of 19.17, a price-to-earnings-growth ratio of 2.30 and a beta of 1.23. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.09 and a quick ratio of 1.09.

Equifax (NYSE:EFX) last announced its quarterly earnings results on Wednesday, February 20th. The credit services provider reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.06. Equifax had a return on equity of 21.58% and a net margin of 8.78%. The company had revenue of $835.30 million during the quarter, compared to the consensus estimate of $841.49 million. During the same period in the prior year, the company earned $1.39 earnings per share. The company’s revenue for the quarter was down .4% compared to the same quarter last year. On average, equities analysts anticipate that Equifax will post 5.67 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Tuesday, March 12th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, March 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.41%. Equifax’s payout ratio is presently 26.94%.

Several large investors have recently bought and sold shares of EFX. First Trust Advisors LP grew its stake in Equifax by 20.1% in the third quarter. First Trust Advisors LP now owns 34,233 shares of the credit services provider’s stock valued at $4,470,000 after purchasing an additional 5,730 shares in the last quarter. Russell Investments Group Ltd. grew its stake in Equifax by 92.1% in the third quarter. Russell Investments Group Ltd. now owns 20,037 shares of the credit services provider’s stock valued at $2,615,000 after purchasing an additional 9,605 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its stake in Equifax by 39.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 10,211 shares of the credit services provider’s stock valued at $1,333,000 after purchasing an additional 2,885 shares in the last quarter. Victory Capital Management Inc. grew its stake in Equifax by 65.7% in the third quarter. Victory Capital Management Inc. now owns 31,703 shares of the credit services provider’s stock valued at $4,139,000 after purchasing an additional 12,567 shares in the last quarter. Finally, Private Advisor Group LLC grew its stake in Equifax by 46.0% in the third quarter. Private Advisor Group LLC now owns 2,365 shares of the credit services provider’s stock valued at $309,000 after purchasing an additional 745 shares in the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.

About Equifax

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.

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Analyst Recommendations for Equifax (NYSE:EFX)

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