Equifax (NYSE:EFX) Price Target Cut to $241.00 by Analysts at The Goldman Sachs Group

Equifax (NYSE:EFX) had its price target decreased by The Goldman Sachs Group from $276.00 to $241.00 in a research report report published on Friday, Benzinga reports. The Goldman Sachs Group currently has a neutral rating on the credit services provider’s stock.

A number of other equities analysts also recently issued reports on the company. Truist Financial lifted their price target on Equifax from $270.00 to $285.00 and gave the company a buy rating in a research note on Friday, February 9th. TheStreet upgraded Equifax from a c+ rating to a b- rating in a research note on Friday, December 29th. Needham & Company LLC reiterated a buy rating and set a $305.00 price target on shares of Equifax in a research note on Thursday. Redburn Atlantic downgraded Equifax from a buy rating to a neutral rating and set a $272.00 price target for the company. in a research note on Thursday, January 11th. Finally, Robert W. Baird cut their target price on Equifax from $275.00 to $260.00 and set an outperform rating on the stock in a research note on Friday. Four research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of Moderate Buy and a consensus price target of $266.35.

Equifax Stock Performance

Shares of EFX opened at $216.20 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.73 and a quick ratio of 0.67. The stock has a 50-day moving average of $257.79 and a 200-day moving average of $231.21. The company has a market cap of $26.86 billion, a PE ratio of 48.15, a P/E/G ratio of 1.76 and a beta of 1.51. Equifax has a one year low of $159.95 and a one year high of $275.10.

Equifax (NYSE:EFX) last issued its earnings results on Thursday, April 18th. The credit services provider reported $1.50 EPS for the quarter, beating the consensus estimate of $1.44 by $0.06. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.40 billion. Equifax had a return on equity of 19.08% and a net margin of 10.42%. The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period last year, the business posted $1.43 EPS. On average, equities research analysts predict that Equifax will post 7.34 EPS for the current fiscal year.

Equifax Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, February 23rd were issued a $0.39 dividend. The ex-dividend date was Thursday, February 22nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.72%. Equifax’s dividend payout ratio (DPR) is presently 34.74%.

Institutional Investors Weigh In On Equifax

Hedge funds have recently modified their holdings of the stock. KB Financial Partners LLC bought a new stake in shares of Equifax in the 3rd quarter worth approximately $25,000. Wetzel Investment Advisors Inc. bought a new stake in shares of Equifax in the 4th quarter worth approximately $25,000. Eagle Bay Advisors LLC bought a new stake in Equifax during the 2nd quarter valued at $29,000. Geneos Wealth Management Inc. raised its holdings in Equifax by 70.8% during the 3rd quarter. Geneos Wealth Management Inc. now owns 193 shares of the credit services provider’s stock valued at $35,000 after acquiring an additional 80 shares during the period. Finally, Smithfield Trust Co raised its holdings in Equifax by 55.5% during the 3rd quarter. Smithfield Trust Co now owns 199 shares of the credit services provider’s stock valued at $36,000 after acquiring an additional 71 shares during the period. Institutional investors own 96.20% of the company’s stock.

About Equifax

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.