Equifax (NYSE:EFX) Raised to “Outperform” at BNP Paribas

Equifax (NYSE:EFX) was upgraded by BNP Paribas from a “neutral” rating to an “outperform” rating in a research report issued on Monday, MarketBeat.com reports. The brokerage currently has a $305.00 price target on the credit services provider’s stock. BNP Paribas’ target price would suggest a potential upside of 11.46% from the stock’s current price.

Several other equities research analysts have also recently issued reports on the company. The Goldman Sachs Group boosted their price target on Equifax from $277.00 to $307.00 and gave the company a “neutral” rating in a research note on Tuesday, August 20th. Stifel Nicolaus cut their price objective on shares of Equifax from $305.00 to $284.00 and set a “buy” rating for the company in a research report on Wednesday, November 20th. Needham & Company LLC reaffirmed a “buy” rating and set a $350.00 price target on shares of Equifax in a report on Monday, October 28th. Oppenheimer reduced their price target on shares of Equifax from $315.00 to $286.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 19th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Equifax from $304.00 to $283.00 and set an “overweight” rating for the company in a research report on Tuesday, November 19th. Three analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $311.39.

Equifax Stock Up 0.1 %

EFX stock opened at $273.65 on Monday. Equifax has a fifty-two week low of $213.02 and a fifty-two week high of $309.63. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a market capitalization of $33.92 billion, a price-to-earnings ratio of 60.81, a PEG ratio of 3.26 and a beta of 1.57. The business’s fifty day moving average price is $267.36 and its two-hundred day moving average price is $270.89.

Equifax (NYSE:EFX) last released its quarterly earnings results on Wednesday, October 16th. The credit services provider reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.84 by $0.01. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.44 billion. Equifax had a net margin of 10.07% and a return on equity of 18.56%. Equifax’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period last year, the firm earned $1.76 earnings per share. On average, equities analysts anticipate that Equifax will post 7.28 earnings per share for the current year.

Insiders Place Their Bets

In other Equifax news, EVP Lisa M. Nelson sold 551 shares of the company’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $260.39, for a total value of $143,474.89. Following the sale, the executive vice president now owns 11,697 shares in the company, valued at approximately $3,045,781.83. The trade was a 4.50 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP John J. Kelley III sold 1,000 shares of the firm’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $272.92, for a total value of $272,920.00. Following the transaction, the executive vice president now owns 11,269 shares of the company’s stock, valued at $3,075,535.48. This trade represents a 8.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 59,855 shares of company stock valued at $16,187,044 in the last ninety days. 1.57% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Equifax

Institutional investors have recently modified their holdings of the company. Ashton Thomas Securities LLC acquired a new position in Equifax in the third quarter valued at $29,000. Tortoise Investment Management LLC lifted its stake in shares of Equifax by 76.1% in the 2nd quarter. Tortoise Investment Management LLC now owns 125 shares of the credit services provider’s stock valued at $30,000 after purchasing an additional 54 shares during the period. Mascoma Wealth Management LLC bought a new stake in shares of Equifax during the 2nd quarter valued at about $30,000. Crewe Advisors LLC boosted its position in shares of Equifax by 138.2% during the 2nd quarter. Crewe Advisors LLC now owns 131 shares of the credit services provider’s stock valued at $32,000 after purchasing an additional 76 shares in the last quarter. Finally, Strategic Financial Concepts LLC acquired a new stake in Equifax during the second quarter worth approximately $37,000. 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.