Equifax (NYSE:EFX – Get Free Report) had its price objective dropped by analysts at Bank of America from $250.00 to $225.00 in a report issued on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the credit services provider’s stock. Bank of America‘s price target would suggest a potential upside of 39.97% from the company’s previous close.
Other analysts also recently issued research reports about the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $265.00 price target on shares of Equifax in a research note on Wednesday, April 22nd. Mizuho began coverage on shares of Equifax in a research note on Thursday, April 16th. They set an “outperform” rating and a $222.00 price target for the company. Morgan Stanley decreased their price target on shares of Equifax from $244.00 to $243.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. JPMorgan Chase & Co. decreased their price target on shares of Equifax from $260.00 to $230.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Finally, Royal Bank Of Canada set a $220.00 price target on shares of Equifax in a research note on Thursday, February 5th. Thirteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $226.67.
Check Out Our Latest Analysis on Equifax
Equifax Trading Down 2.1%
Equifax (NYSE:EFX – Get Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The credit services provider reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.17. The business had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.61 billion. Equifax had a net margin of 11.12% and a return on equity of 20.41%. The firm’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.53 earnings per share. Equifax has set its Q2 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.340-8.740 EPS. Sell-side analysts predict that Equifax will post 8.57 earnings per share for the current year.
Insider Buying and Selling
In related news, EVP John W. Gamble, Jr. sold 4,500 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $195.72, for a total value of $880,740.00. Following the completion of the transaction, the executive vice president owned 58,921 shares of the company’s stock, valued at $11,532,018.12. The trade was a 7.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Mark W. Begor sold 37,791 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $172.40, for a total transaction of $6,515,168.40. Following the completion of the transaction, the chief executive officer directly owned 271,730 shares of the company’s stock, valued at $46,846,252. This trade represents a 12.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 44,746 shares of company stock valued at $7,822,808 over the last 90 days. Corporate insiders own 1.70% of the company’s stock.
Hedge Funds Weigh In On Equifax
A number of large investors have recently bought and sold shares of the business. Bank of America Corp DE grew its holdings in Equifax by 36.5% in the first quarter. Bank of America Corp DE now owns 2,107,458 shares of the credit services provider’s stock worth $379,490,000 after purchasing an additional 563,880 shares during the last quarter. Edgestream Partners L.P. grew its holdings in shares of Equifax by 130.4% during the first quarter. Edgestream Partners L.P. now owns 12,445 shares of the credit services provider’s stock valued at $2,241,000 after buying an additional 7,044 shares during the last quarter. Kentucky Retirement Systems grew its holdings in shares of Equifax by 29.3% during the first quarter. Kentucky Retirement Systems now owns 10,047 shares of the credit services provider’s stock valued at $1,809,000 after buying an additional 2,274 shares during the last quarter. Bull Harbor Capital LLC purchased a new stake in shares of Equifax during the first quarter valued at $429,000. Finally, Amundi grew its holdings in shares of Equifax by 53.5% during the first quarter. Amundi now owns 663,565 shares of the credit services provider’s stock valued at $119,488,000 after buying an additional 231,237 shares during the last quarter. Institutional investors own 96.20% of the company’s stock.
About Equifax
Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that specializes in consumer and commercial credit reporting, decisioning tools and identity solutions. Headquartered in Atlanta, Georgia, Equifax is one of the three major consumer credit reporting agencies in the United States and provides credit information and related services to lenders, employers, governments and consumers worldwide.
The company’s offerings include consumer credit reports and scores, credit monitoring and identity protection services, and a range of business-oriented products for risk management, fraud detection and compliance.
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