Equifax (NYSE:EFX) Given New $260.00 Price Target at Robert W. Baird

Equifax (NYSE:EFX) had its price target cut by Robert W. Baird from $275.00 to $260.00 in a research report sent to investors on Friday, Benzinga reports. They currently have an outperform rating on the credit services provider’s stock.

Other analysts also recently issued research reports about the stock. Bank of America raised shares of Equifax from an underperform rating to a buy rating and lifted their price target for the company from $164.00 to $300.00 in a research report on Monday, January 8th. Needham & Company LLC restated a buy rating and issued a $305.00 target price on shares of Equifax in a report on Thursday, April 18th. 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. TheStreet raised Equifax from a c+ rating to a b- rating in a research note on Friday, December 29th. Finally, Truist Financial upped their price target on Equifax from $270.00 to $285.00 and gave the stock a buy rating in a report on Friday, February 9th. Four equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of Moderate Buy and an average target price of $270.19.

Equifax Trading Up 1.3 %

EFX opened at $218.93 on Friday. The company has a fifty day moving average price of $257.05 and a two-hundred day moving average price of $232.21. Equifax has a 1-year low of $159.95 and a 1-year high of $275.10. The company has a market cap of $27.20 billion, a P/E ratio of 48.76, a price-to-earnings-growth ratio of 1.74 and a beta of 1.51. The company has a current ratio of 0.73, a quick ratio of 0.67 and a debt-to-equity ratio of 1.04.

Equifax (NYSE:EFX) last issued its earnings results on Thursday, April 18th. The credit services provider reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.06. The business had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.40 billion. Equifax had a return on equity of 19.08% and a net margin of 10.42%. The firm’s revenue was up 6.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.43 EPS. Analysts predict that Equifax will post 7.38 EPS for the current fiscal year.

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 issued a dividend of $0.39 per share. The ex-dividend date was Thursday, February 22nd. This represents a $1.56 dividend on an annualized basis and a yield of 0.71%. Equifax’s payout ratio is 34.74%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC increased its position in shares of Equifax by 16,485.5% during the 3rd quarter. International Assets Investment Management LLC now owns 201,182 shares of the credit services provider’s stock valued at $400,000 after purchasing an additional 199,969 shares during the last quarter. CWM LLC boosted its stake in Equifax by 8.3% in the third quarter. CWM LLC now owns 904 shares of the credit services provider’s stock worth $166,000 after buying an additional 69 shares in the last quarter. AE Wealth Management LLC grew its position in Equifax by 9.7% during the third quarter. AE Wealth Management LLC now owns 4,405 shares of the credit services provider’s stock valued at $807,000 after acquiring an additional 389 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Equifax by 70.8% in the 3rd quarter. Geneos Wealth Management Inc. now owns 193 shares of the credit services provider’s stock worth $35,000 after acquiring an additional 80 shares during the last quarter. Finally, Kentucky Retirement Systems purchased a new stake in shares of Equifax in the 3rd quarter valued at $1,859,000. 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.