Equifax (EFX) Receiving Somewhat Favorable Press Coverage, Report Shows
News stories about Equifax (NYSE:EFX) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Equifax earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the credit services provider an impact score of 46.2935671131033 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Equifax, Inc. (EFX) Position Up in Latest Report from Jpmorgan Chase & Co Last Quarter – First News 24 (firstnewspaper24.com)
- See what the IHS Markit Score report has to say about Equifax Inc. (finance.yahoo.com)
- Equifax to Meet with Investors in Denver, Los Angeles, and San Francisco – PR Newswire (press release) (prnewswire.com)
- Tracking William Von Mueffling’s Cantillon Capital Management Portfolio – Q2 2017 Update (seekingalpha.com)
A number of research analysts have weighed in on EFX shares. Stephens lowered Equifax from an “overweight” rating to an “equal weight” rating in a report on Friday, April 28th. Argus started coverage on Equifax in a report on Tuesday, June 13th. They issued a “buy” rating and a $166.00 price objective on the stock. BidaskClub upgraded Equifax from a “hold” rating to a “buy” rating in a report on Saturday, June 17th. Zacks Investment Research lowered Equifax from a “buy” rating to a “hold” rating in a report on Monday, July 17th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $144.00 price objective (up previously from $142.00) on shares of Equifax in a report on Tuesday, July 18th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company. Equifax presently has an average rating of “Buy” and a consensus target price of $145.45.
Equifax (EFX) traded down 0.62% on Thursday, hitting $142.06. The stock had a trading volume of 452,675 shares. The stock has a market cap of $17.10 billion, a price-to-earnings ratio of 30.09 and a beta of 0.91. Equifax has a one year low of $110.87 and a one year high of $147.02. The stock’s 50 day moving average is $141.57 and its 200 day moving average is $135.42.
Equifax (NYSE:EFX) last issued its quarterly earnings data on Wednesday, July 26th. The credit services provider reported $1.60 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.57 by $0.03. Equifax had a return on equity of 24.88% and a net margin of 17.44%. The business had revenue of $856.70 million for the quarter, compared to the consensus estimate of $860.48 million. During the same period in the prior year, the business earned $1.43 earnings per share. The business’s revenue was up 5.6% on a year-over-year basis. Analysts anticipate that Equifax will post $6.08 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 25th will be given a $0.39 dividend. The ex-dividend date is Wednesday, August 23rd. This represents a $1.56 annualized dividend and a dividend yield of 1.10%. Equifax’s dividend payout ratio is currently 33.05%.
In other news, insider Rodolfo O. Ploder sold 1,719 shares of the company’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $145.70, for a total value of $250,458.30. Following the sale, the insider now directly owns 43,648 shares in the company, valued at $6,359,513.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO John W. Gamble, Jr. sold 6,500 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $145.60, for a total value of $946,400.00. Following the completion of the sale, the chief financial officer now owns 42,078 shares in the company, valued at $6,126,556.80. The disclosure for this sale can be found here. Insiders sold 26,219 shares of company stock worth $3,691,098 over the last 90 days. Company insiders own 1.29% of the company’s stock.
Equifax Inc is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The Company operates in four segments: U.S. Information Solutions (USIS), International, Workforce Solutions and Global Consumer Solutions. Its products and services are based on databases of consumer and business information derived from various sources, including credit, financial assets, telecommunications and utility payments, employment, income, demographic and marketing data.
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