Equifax, Inc. (NYSE:EFX – Get Free Report) CEO Mark Begor sold 37,792 shares of the business’s stock in a transaction that occurred on Friday, October 23rd. The shares were sold at an average price of $182.80, for a total value of $6,908,377.60. Following the completion of the sale, the chief executive officer owned 289,922 shares of the company’s stock, valued at approximately $52,997,741.60. This trade represents a 11.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Equifax Price Performance
Shares of EFX stock opened at $179.45 on Friday. The company has a market cap of $21.00 billion, a P/E ratio of 28.99, a P/E/G ratio of 1.80 and a beta of 1.35. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.12. The business has a fifty day simple moving average of $166.54 and a 200 day simple moving average of $177.61. Equifax, Inc. has a twelve month low of $137.01 and a twelve month high of $228.67.
Equifax (NYSE:EFX – Get Free Report) last posted its earnings results on Tuesday, October 20th. The credit services provider reported $2.26 EPS for the quarter, beating the consensus estimate of $2.20 by $0.06. Equifax had a return on equity of 22.48% and a net margin of 11.27%. The firm had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.69 billion. During the same period last year, the company earned $2.04 earnings per share. The business’s quarterly revenue was up 9.6% on a year-over-year basis. On average, sell-side analysts forecast that Equifax, Inc. will post 8.50 EPS for the current fiscal year.
Equifax Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 31st were issued a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Monday, August 31st. Equifax’s payout ratio is 36.19%.
Institutional Investors Weigh In On Equifax
A number of hedge funds have recently added to or reduced their stakes in the stock. Clearstead Trust LLC bought a new position in Equifax in the second quarter valued at about $28,000. Ballast Advisors LLC purchased a new position in shares of Equifax during the 1st quarter valued at $33,000. Compass Wealth Management LLC purchased a new position in shares of Equifax in the third quarter valued at about $27,000. Osterweis Capital Management Inc. bought a new position in Equifax in the 2nd quarter worth approximately $33,000. Finally, Oslo Pensjonsforsikring AS bought a new position in Equifax in the 1st quarter worth approximately $41,000. 96.20% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
EFX has been the topic of a number of analyst reports. Mizuho decreased their price objective on Equifax from $210.00 to $185.00 and set an “outperform” rating on the stock in a research note on Monday, October 19th. Rothschild & Co Redburn upgraded shares of Equifax from a “neutral” rating to a “buy” rating and upped their target price for the stock from $214.00 to $235.00 in a research report on Friday, August 21st. Weiss Ratings upgraded shares of Equifax from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, August 13th. Royal Bank Of Canada downgraded Equifax from an “outperform” rating to a “sector perform” rating and lifted their price objective for the stock from $177.00 to $189.00 in a report on Monday. Finally, Barclays lowered their price target on shares of Equifax from $200.00 to $155.00 and set an “equal weight” rating for the company in a report on Friday, October 2nd. Fourteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $200.55.
Read Our Latest Analysis on EFX
About Equifax
Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that provides information and services to help businesses, governments and consumers make informed financial and workforce decisions. The company is best known for its credit reporting activities, but its offerings also include identity verification, fraud prevention, income and employment verification, marketing services and risk management solutions.
Equifax provides consumer and commercial credit information, credit reports and related analytics to lenders and other businesses.
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