Equifax (NYSE:EFX) Stock Price Target Lowered at Needham & Company LLC

Equifax (NYSE:EFX) had its target price reduced by investment analysts at Needham & Company LLC from $245.00 to $190.00 in a report issued on Tuesday, Benzinga reports. The brokerage currently has a “buy” rating on the credit services provider’s stock. Needham & Company LLC’s target price would indicate a potential upside of 28.95% from the stock’s current price.

Other research analysts have also issued reports about the company. The Goldman Sachs Group set a $148.00 price target on Equifax in a report on Friday, October 2nd. Barclays reduced their price objective on shares of Equifax from $200.00 to $155.00 and set an “equal weight” rating for the company in a report on Friday, October 2nd. Morgan Stanley decreased their target price on shares of Equifax from $243.00 to $225.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. JPMorgan Chase & Co. decreased their target price on shares of Equifax from $230.00 to $210.00 in a research report on Wednesday, July 22nd. Finally, BNP Paribas Exane raised their target price on shares of Equifax from $185.00 to $190.00 and gave the company a “neutral” rating in a research note on Wednesday, July 22nd. Fifteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $204.15.

Equifax Stock Up 1.1%

EFX opened at $147.34 on Tuesday. The stock’s 50 day moving average price is $169.35 and its 200 day moving average price is $170.63. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.60 and a quick ratio of 0.60. The stock has a market cap of $17.31 billion, a P/E ratio of 25.89, a P/E/G ratio of 1.49 and a beta of 1.35. Equifax has a 12 month low of $137.01 and a 12 month high of $238.94.

Equifax (NYSE:EFX) last announced its quarterly earnings results on Tuesday, July 21st. The credit services provider reported $2.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.20 by $0.05. Equifax had a return on equity of 21.61% and a net margin of 10.73%. The company had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.70 billion. During the same quarter in the previous year, the firm posted $2.00 EPS. The firm’s quarterly revenue was up 10.6% on a year-over-year basis. Equifax has set its Q3 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.390-8.690 EPS. As a group, research analysts predict that Equifax will post 8.54 earnings per share for the current year.

Insider Buying and Selling at Equifax

In other news, CEO Mark Begor sold 37,791 shares of the business’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $172.16, for a total value of $6,506,098.56. Following the sale, the chief executive officer owned 271,890 shares of the company’s stock, valued at approximately $46,808,582.40. The trade was a 12.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP John W. Gamble, Jr. sold 4,500 shares of the company’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $187.96, for a total value of $845,820.00. Following the completion of the sale, the executive vice president owned 69,055 shares of the company’s stock, valued at approximately $12,979,577.80. This trade represents a 6.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Equifax

A number of institutional investors and hedge funds have recently bought and sold shares of EFX. GK Wealth Management LLC acquired a new stake in Equifax in the 3rd quarter valued at about $42,000. GAMMA Investing LLC grew its stake in shares of Equifax by 9.4% in the 3rd quarter. GAMMA Investing LLC now owns 2,767 shares of the credit services provider’s stock worth $380,000 after purchasing an additional 237 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of Equifax by 18.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,692 shares of the credit services provider’s stock worth $232,000 after purchasing an additional 260 shares during the last quarter. Andra AP fonden bought a new stake in shares of Equifax in the 2nd quarter worth approximately $415,000. Finally, Anchor Investment Management LLC raised its holdings in shares of Equifax by 210.4% in the 2nd quarter. Anchor Investment Management LLC now owns 689 shares of the credit services provider’s stock worth $109,000 after purchasing an additional 467 shares in the last quarter. 96.20% of the stock is owned by institutional investors and hedge funds.

Equifax Company Profile

Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that helps businesses, government agencies and consumers make informed decisions about credit, identity, employment and financial risk. The company collects and analyzes information from a broad range of sources to provide insights and decisioning tools for lenders, employers, insurers, telecommunications providers and other organizations.

Its products and services include consumer and commercial credit reports, credit scores, fraud and identity-management solutions, marketing and customer-acquisition analytics, and income and employment verification through The Work Number.