Equifax (NYSE:EFX) Now Covered by UBS Group

Investment analysts at UBS Group started coverage on shares of Equifax (NYSE:EFX) in a research report issued on Tuesday, Briefing.com reports. The firm set a “buy” rating and a $360.00 price target on the credit services provider’s stock. UBS Group’s price target would suggest a potential upside of 22.51% from the company’s current price.

Several other analysts also recently issued reports on the stock. BNP Paribas raised shares of Equifax from an “underperform” rating to a “neutral” rating and set a $310.00 price target on the stock in a report on Thursday, September 19th. JPMorgan Chase & Co. increased their target price on Equifax from $273.00 to $300.00 and gave the company an “overweight” rating in a report on Friday, July 19th. The Goldman Sachs Group boosted their price target on Equifax from $277.00 to $307.00 and gave the stock a “neutral” rating in a report on Tuesday, August 20th. Stifel Nicolaus lifted their price objective on Equifax from $265.00 to $305.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. Finally, Robert W. Baird lifted their price target on shares of Equifax from $260.00 to $290.00 and gave the stock an “outperform” rating in a report on Friday, July 19th. Five equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Equifax presently has a consensus rating of “Moderate Buy” and a consensus price target of $305.11.

Equifax Price Performance

Equifax stock opened at $293.86 on Tuesday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.79 and a current ratio of 0.79. Equifax has a one year low of $159.95 and a one year high of $309.63. The company has a market cap of $36.32 billion, a P/E ratio of 65.45, a price-to-earnings-growth ratio of 2.12 and a beta of 1.58. The business has a fifty day moving average of $291.78 and a two-hundred day moving average of $260.50.

Equifax (NYSE:EFX) last issued its earnings results on Wednesday, July 17th. The credit services provider reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.73 by $0.09. The company had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Equifax had a net margin of 10.67% and a return on equity of 18.88%. The firm’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period last year, the company posted $1.71 earnings per share. As a group, analysts predict that Equifax will post 7.33 earnings per share for the current fiscal year.

Insider Buying and Selling at Equifax

In other news, EVP Carla Chaney sold 3,000 shares of the stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $281.85, for a total value of $845,550.00. Following the completion of the sale, the executive vice president now owns 10,875 shares of the company’s stock, valued at $3,065,118.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.57% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Equifax

A number of large investors have recently modified their holdings of the stock. Sumitomo Mitsui Trust Holdings Inc. grew its position in Equifax by 1.1% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 292,914 shares of the credit services provider’s stock valued at $78,360,000 after acquiring an additional 3,164 shares in the last quarter. Nomura Holdings Inc. acquired a new stake in shares of Equifax during the fourth quarter valued at about $917,000. Bridgefront Capital LLC acquired a new position in shares of Equifax in the 4th quarter valued at approximately $1,274,000. Novak & Powell Financial Services Inc. bought a new position in Equifax during the 4th quarter valued at $972,000. Finally, Brookstone Capital Management grew its holdings in Equifax by 8.5% during the 2nd quarter. Brookstone Capital Management now owns 26,675 shares of the credit services provider’s stock worth $6,916,000 after acquiring an additional 2,085 shares in the last quarter. Institutional investors and hedge funds own 96.20% of the company’s stock.

Equifax Company Profile

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.