Equifax (NYSE:EFX) Price Target Cut to $260.00 by Analysts at Robert W. Baird

Equifax (NYSE:EFX) had its target price lowered by Robert W. Baird from $275.00 to $260.00 in a report released on Friday morning, Benzinga reports. Robert W. Baird currently has an outperform rating on the credit services provider’s stock.

A number of other research firms also recently weighed in on EFX. TheStreet raised shares of Equifax from a c+ rating to a b- rating in a research report on Friday, December 29th. Oppenheimer increased their target price on shares of Equifax from $273.00 to $291.00 and gave the company an outperform rating in a research report on Tuesday, April 9th. Bank of America raised shares of Equifax from an underperform rating to a buy rating and increased their target price for the company from $164.00 to $300.00 in a research report on Monday, January 8th. Stifel Nicolaus increased their target price on shares of Equifax from $208.00 to $289.00 and gave the company a buy rating in a research report on Tuesday, January 9th. Finally, Evercore ISI raised shares of Equifax from an in-line rating to an outperform rating and raised their price objective for the stock from $210.00 to $310.00 in a report on Tuesday, February 13th. Four research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of Moderate Buy and a consensus price target of $266.35.

Equifax Trading Down 0.6 %

NYSE:EFX opened at $216.20 on Friday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.67 and a current ratio of 0.73. The firm has a market cap of $26.86 billion, a price-to-earnings ratio of 48.15, a price-to-earnings-growth ratio of 1.76 and a beta of 1.51. Equifax has a 52 week low of $159.95 and a 52 week high of $275.10. The firm has a 50-day moving average price of $257.79 and a two-hundred day moving average price of $231.21.

Equifax (NYSE:EFX) last posted its quarterly earnings data on Thursday, April 18th. The credit services provider reported $1.50 EPS for the quarter, beating the consensus estimate of $1.44 by $0.06. The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.40 billion. Equifax had a net margin of 10.42% and a return on equity of 19.08%. The company’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter last year, the business posted $1.43 EPS. On average, equities analysts expect that Equifax will post 7.34 earnings per share for the current fiscal year.

Equifax Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, February 23rd were issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.72%. The ex-dividend date was Thursday, February 22nd. Equifax’s payout ratio is 34.74%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Tobam boosted its holdings in Equifax by 37.2% in the 4th quarter. Tobam now owns 568 shares of the credit services provider’s stock valued at $140,000 after purchasing an additional 154 shares during the period. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Equifax during the 4th quarter valued at $41,000. Parnassus Investments LLC raised its position in shares of Equifax by 38.8% during the 3rd quarter. Parnassus Investments LLC now owns 113,315 shares of the credit services provider’s stock valued at $20,757,000 after buying an additional 31,686 shares in the last quarter. Premier Path Wealth Partners LLC purchased a new stake in shares of Equifax during the 4th quarter valued at $1,240,000. Finally, Tower Research Capital LLC TRC raised its position in shares of Equifax by 243.0% during the 3rd quarter. Tower Research Capital LLC TRC now owns 11,181 shares of the credit services provider’s stock valued at $2,048,000 after buying an additional 7,921 shares in the last quarter. 96.20% of the stock is owned by institutional investors.

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.