Published: Tue, September 19, 2017
Finance | By Loren Pratt

Equifax (EFX) Earns Daily News Impact Rating of

Equifax (EFX) Earns Daily News Impact Rating of

On September 15 Morgan Stanley maintained a stock rating of "Equal-Weight" but moved down the price target to $127.00 from $140.00.

Beta is also an important valuation ratio for analyzing the stock of the company, EFX has its industry and Sector's beta remains at 0.87 and 0.78 respectively. J P Morgan Chase & Co reissued a buy rating on shares of Equifax in a report on Friday, September 8th. 3 firms rating the stock a strong buy, 8 brokerages rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $129.62.

Equifax Inc. (EFX) saw 175.8 million in free cash flow last quarter, representing a quarterly net change in cash of 280.7 million. Deutsche Bank AG restated a buy rating and issued a $160.00 price target (up previously from $140.00) on shares of Equifax in a report on Thursday, July 27th.

Short traders are feeling a little more bullish on shares of Equifax, Inc. lately if you watch the change in short interest. One analyst has rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the stock. The stock now has Weekly Volatility of 10.05% and Monthly Volatility of 3.52%.

Institutional investors now hold around $10.38 billion or 92.6% in EFX stock.

In related news, insider Joseph Michael Loughran III sold 4,000 shares of the stock in a transaction dated Tuesday, August 1st. The stock is trading $137.95 its 50-day moving average by 44.97%.

Equifax (NYSE:EFX) last posted its earnings results on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.57 by $0.03.


The company has mean EPS estimate of 1.47 reported by 14 number of analyst for the quarter ending Current Qtr.(Sep2017).

At last check, EFX stock was down 0.6% at $92.46, on pace for its lowest close in two years. Equifax's revenue for the quarter was up 5.6% compared to the same quarter previous year. Equities analysts expect that Equifax will post $6.06 earnings per share for the current year.

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The firm also recently announced a quarterly dividend, which was paid on Friday, September 15th. This represents a $1.56 dividend on an annualized basis and a yield of 1.65%. Equifax's dividend payout ratio (DPR) is presently 33.05%. The stock grabbed 59 new institutional investments totaling 1,012,703 shares while 39 institutional investors sold out their entire positions totaling 1,237,096 shares. Vanguard Group has an ownership of 11,433,584 stocks of the credit services provider's shares valued at $1,563,429,000 after scooping up an extra 373,774 shares through out the quarter. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. "Separately, CVP & CFO GAMBLE JOHN W JR Sell 6500 shares of the company at a price of $145.6 on 2017-08-01". Also Executive Rodolfo O. Ploder unloaded 1,719 stocks of the company's shares in a trade that took place on Wed, Aug 2nd. The disclosure for this sale can be found here.

Quite a few investment firms and many large funds have purchased or sold their holdings of EFX. IFP Advisors Inc raised its holdings in Equifax by 9.4% during the first quarter.

Since the beginning of the calendar year, the stock is 109.10%. YorkBridge Wealth Partners LLC raised its stake in shares of Equifax by 23.8% in the first quarter. IFP Advisors Inc now owns 928 shares of the credit services provider's stock worth $128,000 after buying an additional 183 shares during the last quarter. Sun Life Financial INC now owns 884 shares of the credit services provider's stock valued at $121,000 after acquiring an additional 875 shares during the period. Finally, SNS Financial Group LLC bought a new position in shares of Equifax in the second quarter worth about $200,000.

Equifax Inc., launched on December 20, 1913, is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers.

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