Equifax (NYSE:EFX) issued an update on its FY19 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of $5.60-5.80 for the period, compared to the Thomson Reuters consensus estimate of $5.68. The company issued revenue guidance of $3.43-3.56 billion, compared to the consensus revenue estimate of $3.49 billion.Equifax also updated its Q2 guidance to $1.32-1.37 EPS.
Shares of NYSE EFX traded down $0.43 during trading on Friday, hitting $121.12. The company had a trading volume of 556,155 shares, compared to its average volume of 1,006,020. The company has a market capitalization of $14.34 billion, a P/E ratio of 20.92, a price-to-earnings-growth ratio of 2.46 and a beta of 1.25. Equifax has a 12 month low of $88.68 and a 12 month high of $138.69. The company has a quick ratio of 1.09, a current ratio of 0.57 and a debt-to-equity ratio of 1.02.
Equifax (NYSE:EFX) last released its quarterly earnings results on Friday, May 10th. The credit services provider reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.01. The business had revenue of $846.10 million during the quarter, compared to analysts’ expectations of $850.07 million. Equifax had a positive return on equity of 21.95% and a negative net margin of 10.23%. The firm’s revenue for the quarter was down 2.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.43 EPS. Research analysts anticipate that Equifax will post 5.64 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 24th will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend is Thursday, May 23rd. Equifax’s dividend payout ratio is presently 26.94%.
A number of brokerages have recently commented on EFX. Zacks Investment Research upgraded Equifax from a sell rating to a hold rating in a report on Wednesday. Barclays reiterated a hold rating and issued a $125.00 target price on shares of Equifax in a report on Monday, May 6th. Robert W. Baird reiterated a buy rating and issued a $119.00 target price on shares of Equifax in a report on Friday, February 22nd. BNP Paribas began coverage on Equifax in a report on Friday, March 15th. They issued an underperform rating and a $106.00 target price for the company. Finally, Exane BNP Paribas began coverage on Equifax in a report on Friday, March 15th. They issued a neutral rating and a $106.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the stock. Equifax has a consensus rating of Hold and an average target price of $121.27.
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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.
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