Equifax (NYSE:EFX) Issues FY 2021 Earnings Guidance

Equifax (NYSE:EFX) updated its FY 2021 earnings guidance on Wednesday. The company provided EPS guidance of $7.250-$7.450 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.040. The company issued revenue guidance of $4.76 billion-$4.80 billion, compared to the consensus revenue estimate of $4.67 billion.Equifax also updated its FY21 guidance to $7.25-7.45 EPS.

A number of research firms have recently commented on EFX. Morgan Stanley increased their price target on shares of Equifax from $201.00 to $220.00 and gave the company an equal weight rating in a report on Friday, April 23rd. Barclays increased their price objective on shares of Equifax from $210.00 to $270.00 and gave the company an overweight rating in a research report on Wednesday, April 28th. Royal Bank of Canada increased their price objective on shares of Equifax from $259.00 to $270.00 and gave the company a sector perform rating in a research report on Thursday. TheStreet upgraded shares of Equifax from a c+ rating to a b rating in a research report on Wednesday, April 21st. Finally, Needham & Company LLC increased their price objective on shares of Equifax from $260.00 to $288.00 and gave the company a buy rating in a research report on Thursday. Four analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of Buy and a consensus price target of $205.96.

EFX traded down $6.32 during trading on Thursday, hitting $248.72. 13,091 shares of the company traded hands, compared to its average volume of 623,039. The company has a market cap of $30.27 billion, a P/E ratio of 51.36, a PEG ratio of 2.59 and a beta of 1.42. The stock has a 50-day moving average price of $238.44. Equifax has a 1 year low of $135.98 and a 1 year high of $257.89. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.71 and a current ratio of 0.71.

Equifax (NYSE:EFX) last posted its earnings results on Tuesday, July 20th. The credit services provider reported $1.98 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.71 by $0.27. The company had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Equifax had a net margin of 13.60% and a return on equity of 29.81%. Equifax’s quarterly revenue was up 25.6% on a year-over-year basis. During the same period last year, the company posted $1.60 earnings per share. Analysts anticipate that Equifax will post 7.07 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 15th. Investors of record on Tuesday, May 25th were paid a dividend of $0.39 per share. The ex-dividend date was Monday, May 24th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.63%. Equifax’s dividend payout ratio is presently 22.38%.

In related news, insider Sid Singh sold 9,186 shares of Equifax stock in a transaction dated Wednesday, May 5th. The shares were sold at an average price of $237.91, for a total transaction of $2,185,441.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.03% of the stock is currently owned by insiders.

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 and Estimates for Equifax (NYSE:EFX)

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