Equifax (NYSE:EFX) Issues Q3 2021 Earnings Guidance

Equifax (NYSE:EFX) updated its third quarter 2021 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $1.620-$1.720 for the period, compared to the Thomson Reuters consensus estimate of $1.650. The company issued revenue guidance of $1.16 billion-$1.18 billion, compared to the consensus revenue estimate of $1.14 billion.Equifax also updated its FY 2021 guidance to $7.250-$7.450 EPS.

Several equities analysts have issued reports on the company. Royal Bank of Canada lifted their price objective on Equifax from $259.00 to $270.00 and gave the company a sector perform rating in a research report on Thursday. TheStreet upgraded Equifax from a c+ rating to a b rating in a research note on Wednesday, April 21st. Needham & Company LLC raised their target price on Equifax from $260.00 to $288.00 and gave the stock a buy rating in a research report on Thursday. Morgan Stanley raised their target price on Equifax from $201.00 to $220.00 and gave the company an equal weight rating in a research note on Friday, April 23rd. Finally, Barclays lifted their price target on shares of Equifax from $210.00 to $270.00 and gave the stock an overweight rating in a report on Wednesday, April 28th. Four investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of Buy and a consensus target price of $205.96.

Shares of Equifax stock traded down $6.32 on Thursday, reaching $248.72. The stock had a trading volume of 13,091 shares, compared to its average volume of 623,039. The firm’s 50 day moving average price is $238.44. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.98. Equifax has a 1 year low of $135.98 and a 1 year high of $257.89. The stock has a market cap of $30.27 billion, a PE ratio of 51.36, a P/E/G ratio of 2.59 and a beta of 1.42.

Equifax (NYSE:EFX) last released its earnings results on Tuesday, July 20th. The credit services provider reported $1.98 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.27. The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.16 billion. Equifax had a net margin of 13.60% and a return on equity of 29.81%. Equifax’s revenue was up 25.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.60 EPS. As a group, equities research analysts anticipate that Equifax will post 7.07 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 15th. Investors of record on Tuesday, May 25th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.63%. The ex-dividend date of this dividend was Monday, May 24th. Equifax’s dividend payout ratio is currently 22.38%.

In other Equifax news, insider Sid Singh sold 9,186 shares of the company’s stock in a transaction on Wednesday, May 5th. The shares were sold at an average price of $237.91, for a total transaction of $2,185,441.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.03% 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), Workforce Solutions, International, 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 services; financial marketing; and identity management services.

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Earnings History and Estimates for Equifax (NYSE:EFX)

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