Equifax (NYSE:EFX) Issues Q2 Earnings Guidance


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Equifax (NYSE:EFX) issued an update on its second quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.51. The company issued revenue guidance of $1.14-1.16 billion, compared to the consensus revenue estimate of $1.08 billion.Equifax also updated its FY21 guidance to $6.75-7.05 EPS.

Shares of NYSE:EFX traded up $0.43 during midday trading on Wednesday, reaching $192.63. The company had a trading volume of 879,417 shares, compared to its average volume of 731,109. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.97 and a current ratio of 0.97. Equifax has a 1-year low of $128.23 and a 1-year high of $196.47. The firm has a market cap of $23.46 billion, a price-to-earnings ratio of 53.66, a price-to-earnings-growth ratio of 2.23 and a beta of 1.32. The company has a fifty day simple moving average of $178.73 and a two-hundred day simple moving average of $174.03.

Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, April 21st. The credit services provider reported $1.97 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.53 by $0.44. Equifax had a return on equity of 29.20% and a net margin of 11.29%. The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same quarter last year, the company posted $1.40 EPS. Equifax’s revenue for the quarter was up 26.6% on a year-over-year basis. Analysts expect that Equifax will post 6.68 EPS for the current year.

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

Several equities research analysts recently issued reports on the company. CIBC assumed coverage on Equifax in a research note on Tuesday, January 19th. They issued a neutral rating and a $8.50 price objective for the company. Morgan Stanley increased their price objective on Equifax from $184.00 to $201.00 and gave the stock an equal weight rating in a research note on Wednesday, January 6th. TheStreet downgraded Equifax from a b rating to a c+ rating in a research note on Wednesday, February 10th. Finally, Needham & Company LLC increased their price objective on Equifax from $210.00 to $215.00 and gave the stock a buy rating in a research note on Thursday, February 11th. Six investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Equifax has a consensus rating of Buy and a consensus target price of $182.43.

Equifax Company Profile

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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