Equifax (NYSE:EFX) PT Raised to $277.00

Equifax (NYSE:EFX) had its target price lifted by investment analysts at The Goldman Sachs Group from $246.00 to $277.00 in a note issued to investors on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the credit services provider’s stock. The Goldman Sachs Group’s price target would indicate a potential upside of 6.42% from the stock’s previous close.

EFX has been the subject of several other research reports. JPMorgan Chase & Co. reduced their target price on shares of Equifax from $290.00 to $273.00 and set an “overweight” rating for the company in a report on Friday, April 19th. Robert W. Baird reduced their target price on shares of Equifax from $275.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, April 19th. Needham & Company LLC reaffirmed a “buy” rating and issued a $305.00 price objective on shares of Equifax in a report on Thursday, April 18th. Bank of America lifted their price objective on shares of Equifax from $255.00 to $286.00 and gave the company a “buy” rating in a report on Thursday. Finally, Oppenheimer cut their price objective on shares of Equifax from $291.00 to $272.00 and set an “outperform” rating for the company in a report on Friday, April 19th. Four research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $281.24.

Equifax Trading Down 1.5 %

NYSE EFX opened at $260.30 on Friday. The company has a fifty day simple moving average of $242.61 and a two-hundred day simple moving average of $246.88. The stock has a market cap of $32.18 billion, a P/E ratio of 57.97, a P/E/G ratio of 1.88 and a beta of 1.56. Equifax has a 12-month low of $159.95 and a 12-month high of $276.69. The company has a current ratio of 0.79, a quick ratio of 0.73 and a debt-to-equity ratio of 1.01.

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, topping the consensus estimate of $1.73 by $0.09. Equifax had a net margin of 10.67% and a return on equity of 18.88%. The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter last year, the company posted $1.71 earnings per share. The firm’s revenue was up 8.6% compared to the same quarter last year. On average, analysts forecast that Equifax will post 7.38 earnings per share for the current year.

Insider Buying and Selling

In related news, CFO John W. Gamble, Jr. sold 3,650 shares of the business’s stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $229.24, for a total transaction of $836,726.00. Following the transaction, the chief financial officer now directly owns 62,219 shares in the company, valued at $14,263,083.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CFO John W. Gamble, Jr. sold 3,650 shares of the business’s stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $229.24, for a total transaction of $836,726.00. Following the transaction, the chief financial officer now directly owns 62,219 shares in the company, valued at $14,263,083.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP James M. Griggs sold 2,410 shares of the business’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $238.60, for a total transaction of $575,026.00. Following the transaction, the senior vice president now owns 5,001 shares in the company, valued at $1,193,238.60. The disclosure for this sale can be found here. Over the last three months, insiders have sold 83,635 shares of company stock worth $18,969,282. 1.57% of the stock is owned by insiders.

Hedge Funds Weigh In On Equifax

A number of institutional investors have recently bought and sold shares of EFX. Wetzel Investment Advisors Inc. purchased a new position in Equifax during the fourth quarter worth about $25,000. EntryPoint Capital LLC purchased a new position in Equifax during the first quarter worth about $30,000. OFI Invest Asset Management purchased a new position in Equifax during the first quarter worth about $31,000. First Community Trust NA purchased a new position in Equifax during the second quarter worth about $33,000. Finally, Turtle Creek Wealth Advisors LLC purchased a new position in Equifax during the fourth quarter worth about $41,000. 96.20% of the stock is owned by hedge funds and other 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.