Equifax (NYSE:EFX) Announces Earnings Results


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Equifax (NYSE:EFX) announced its quarterly earnings data on Wednesday. The credit services provider reported $1.97 EPS for the quarter, beating the Zacks’ consensus estimate of $1.52 by $0.45, MarketWatch Earnings reports. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.12 billion. Equifax had a return on equity of 29.20% and a net margin of 11.29%. The business’s quarterly revenue was up 26.6% compared to the same quarter last year. During the same period last year, the company earned $1.40 EPS. Equifax updated its Q2 guidance to $1.60-1.70 EPS and its FY21 guidance to $6.75-7.05 EPS.

Shares of Equifax stock opened at $192.63 on Thursday. The company has a market capitalization of $23.46 billion, a PE ratio of 53.66, a PEG ratio of 2.23 and a beta of 1.32. Equifax has a 12 month low of $128.23 and a 12 month high of $196.47. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.10. The stock’s fifty day simple moving average is $178.73 and its 200 day simple moving average is $174.03.

The business also recently declared a quarterly dividend, which was paid on Monday, March 15th. Stockholders of record on Monday, February 22nd were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date was Friday, February 19th. Equifax’s dividend payout ratio (DPR) is currently 27.76%.

A number of research analysts have commented on the company. TheStreet lowered Equifax from a “b” rating to a “c+” rating in a research report on Wednesday, February 10th. CIBC assumed coverage on Equifax in a research report on Tuesday, January 19th. They issued a “neutral” rating and a $8.50 price objective on the stock. Needham & Company LLC increased their price objective on Equifax from $210.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, February 11th. Finally, Morgan Stanley increased their price target on Equifax from $184.00 to $201.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 6th. Four analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. Equifax presently has an average rating of “Buy” and a consensus target price of $185.39.

About Equifax

Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), Workforce Solutions, International, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage services; financial marketing; and identity management services.

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Earnings History for Equifax (NYSE:EFX)

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