Equifax, Inc. (EFX) to Post FY2017 Earnings of $5.91 Per Share, William Blair Forecasts
Equifax, Inc. (NYSE:EFX) – Equities research analysts at William Blair boosted their FY2017 earnings estimates for shares of Equifax in a report issued on Sunday. William Blair analyst T. Mchugh now anticipates that the credit services provider will earn $5.91 per share for the year, up from their previous estimate of $5.83.
Equifax (NYSE:EFX) last posted its quarterly earnings results on Thursday, November 9th. The credit services provider reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.04. The business had revenue of $834.80 million for the quarter, compared to analysts’ expectations of $847.28 million. Equifax had a return on equity of 24.45% and a net margin of 16.18%. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the business earned $1.44 earnings per share.
Several other equities analysts have also recently issued reports on EFX. Morgan Stanley reiterated an “equal weight” rating and issued a $144.00 price target (up previously from $142.00) on shares of Equifax in a report on Tuesday, July 18th. Deutsche Bank AG reiterated 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. Cowen and Company reiterated a “buy” rating and issued a $151.00 price target on shares of Equifax in a report on Friday, July 28th. Royal Bank Of Canada reiterated a “buy” rating on shares of Equifax in a report on Wednesday, August 9th. Finally, J P Morgan Chase & Co reiterated a “buy” rating on shares of Equifax in a report on Friday, September 8th. Eight analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $128.07.
Equifax (NYSE EFX) opened at $109.31 on Wednesday. The stock has a market capitalization of $13,063.44, a PE ratio of 18.16, a P/E/G ratio of 1.84 and a beta of 0.93. Equifax has a 1-year low of $89.59 and a 1-year high of $147.02. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.64.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend is Wednesday, November 22nd. Equifax’s dividend payout ratio is currently 35.29%.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in EFX. Capital International Investors acquired a new stake in shares of Equifax during the third quarter worth about $513,940,000. Janus Henderson Group PLC raised its position in shares of Equifax by 11,042.5% during the second quarter. Janus Henderson Group PLC now owns 1,729,992 shares of the credit services provider’s stock worth $237,735,000 after purchasing an additional 1,714,466 shares during the period. Assenagon Asset Management S.A. acquired a new stake in shares of Equifax during the third quarter worth about $90,020,000. BlackRock Inc. raised its position in shares of Equifax by 7.0% during the second quarter. BlackRock Inc. now owns 9,933,776 shares of the credit services provider’s stock worth $1,365,099,000 after purchasing an additional 653,096 shares during the period. Finally, Artemis Investment Management LLP raised its position in shares of Equifax by 478.6% during the third quarter. Artemis Investment Management LLP now owns 703,006 shares of the credit services provider’s stock worth $74,505,000 after purchasing an additional 581,509 shares during the period. 87.25% of the stock is currently owned by institutional investors.
Equifax Company Profile
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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