Equifax (EFX) Scheduled to Post Quarterly Earnings on Wednesday

Equifax (NYSE:EFX) will announce its earnings results after the market closes on Wednesday, April 17th. Analysts expect the company to announce earnings of $1.42 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Equifax (NYSE:EFX) last issued its earnings results on Wednesday, February 7th. The credit services provider reported $1.81 EPS for the quarter, beating the consensus estimate of $1.74 by $0.07. The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Equifax had a net margin of 10.36% and a return on equity of 19.40%. The business’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.52 EPS. On average, analysts expect Equifax to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Equifax Stock Performance

Shares of Equifax stock opened at $242.92 on Tuesday. The firm has a fifty day moving average of $259.32 and a two-hundred day moving average of $230.61. The stock has a market capitalization of $30.18 billion, a price-to-earnings ratio of 55.21, a PEG ratio of 1.94 and a beta of 1.51. Equifax has a 52 week low of $159.95 and a 52 week high of $275.10. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.67 and a current ratio of 0.67.

Equifax Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, February 23rd were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 0.64%. The ex-dividend date was Thursday, February 22nd. Equifax’s payout ratio is 35.45%.

Analysts Set New Price Targets

EFX has been the subject of several research analyst reports. Truist Financial boosted their price target on shares of Equifax from $270.00 to $285.00 and gave the company a “buy” rating in a report on Friday, February 9th. Oppenheimer boosted their price target on shares of Equifax from $273.00 to $291.00 and gave the company an “outperform” rating in a report on Tuesday, April 9th. Evercore ISI raised shares of Equifax from an “in-line” rating to an “outperform” rating and boosted their price target for the company from $210.00 to $310.00 in a report on Tuesday, February 13th. Stifel Nicolaus boosted their price target on shares of Equifax from $208.00 to $289.00 and gave the company a “buy” rating in a report on Tuesday, January 9th. Finally, Jefferies Financial Group raised shares of Equifax from a “hold” rating to a “buy” rating and boosted their price target for the company from $200.00 to $315.00 in a report on Monday, December 18th. Four analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat, Equifax has a consensus rating of “Moderate Buy” and a consensus price target of $267.00.

Institutional Investors Weigh In On Equifax

Several institutional investors and hedge funds have recently added to or reduced their stakes in EFX. Eagle Bay Advisors LLC bought a new stake in Equifax during the 2nd quarter worth about $29,000. Compass Wealth Management LLC bought a new stake in Equifax during the 4th quarter worth about $53,000. Parkside Financial Bank & Trust raised its holdings in shares of Equifax by 91.4% in the 1st quarter. Parkside Financial Bank & Trust now owns 310 shares of the credit services provider’s stock valued at $74,000 after purchasing an additional 148 shares during the period. Covestor Ltd raised its holdings in shares of Equifax by 59.0% in the 1st quarter. Covestor Ltd now owns 337 shares of the credit services provider’s stock valued at $80,000 after purchasing an additional 125 shares during the period. Finally, Advisory Services Network LLC bought a new stake in shares of Equifax in the 4th quarter valued at about $94,000. 96.20% of the stock is owned by institutional investors.

Equifax Company Profile

Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.