Equifax (NYSE:EFX) Price Target Cut to $273.00 by Analysts at JPMorgan Chase & Co.

Equifax (NYSE:EFX) had its price target trimmed by JPMorgan Chase & Co. from $290.00 to $273.00 in a research report released on Friday morning, Benzinga reports. The firm currently has an overweight rating on the credit services provider’s stock.

A number of other equities research analysts have also recently weighed in on EFX. Needham & Company LLC restated a buy rating and issued a $305.00 price target on shares of Equifax in a research note on Thursday. Bank of America upgraded Equifax from an underperform rating to a buy rating and increased their price target for the company from $164.00 to $300.00 in a research note on Monday, January 8th. Robert W. Baird dropped their price target on Equifax from $275.00 to $260.00 and set an outperform rating on the stock in a research note on Friday. Evercore ISI upgraded Equifax from an in-line rating to an outperform rating and increased their price target for the company from $210.00 to $310.00 in a research note on Tuesday, February 13th. Finally, TheStreet upgraded Equifax from a c+ rating to a b- rating in a research note on Friday, December 29th. Four analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of Moderate Buy and an average target price of $266.35.

Equifax Trading Down 0.6 %

Shares of Equifax stock opened at $216.20 on Friday. Equifax has a 12-month low of $159.95 and a 12-month high of $275.10. The stock has a market cap of $26.86 billion, a P/E ratio of 48.15, a P/E/G ratio of 1.76 and a beta of 1.51. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 1.04. The business’s 50 day moving average is $257.79 and its 200-day moving average is $231.21.

Equifax (NYSE:EFX) last announced its quarterly earnings data on Thursday, April 18th. The credit services provider reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.06. Equifax had a return on equity of 19.08% and a net margin of 10.42%. The company had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter in the prior year, the business posted $1.43 EPS. The business’s revenue was up 6.7% compared to the same quarter last year. Equities research analysts predict that Equifax will post 7.34 earnings per share for the current fiscal year.

Equifax Dividend Announcement

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

Institutional Trading of Equifax

Large investors have recently modified their holdings of the stock. Tobam grew its holdings in shares of Equifax by 37.2% during the 4th quarter. Tobam now owns 568 shares of the credit services provider’s stock worth $140,000 after purchasing an additional 154 shares in the last quarter. Turtle Creek Wealth Advisors LLC acquired a new stake in Equifax in the fourth quarter valued at about $41,000. Parnassus Investments LLC boosted its stake in Equifax by 38.8% in the third quarter. Parnassus Investments LLC now owns 113,315 shares of the credit services provider’s stock valued at $20,757,000 after buying an additional 31,686 shares in the last quarter. Premier Path Wealth Partners LLC acquired a new stake in Equifax in the fourth quarter valued at about $1,240,000. Finally, Tower Research Capital LLC TRC boosted its stake in Equifax by 243.0% in the third quarter. Tower Research Capital LLC TRC now owns 11,181 shares of the credit services provider’s stock valued at $2,048,000 after buying an additional 7,921 shares in the last quarter. 96.20% of the stock is owned by institutional investors and hedge funds.

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.