Equifax (NYSE:EFX) posted its quarterly earnings results on Tuesday. The credit services provider reported $1.98 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.71 by $0.27, MarketWatch Earnings reports. The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Equifax had a return on equity of 29.81% and a net margin of 13.60%. The firm’s revenue was up 25.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.60 earnings per share.
Shares of Equifax stock traded down $6.63 on Thursday, hitting $248.41. 13,577 shares of the company traded hands, compared to its average volume of 623,039. The stock’s 50-day moving average is $238.44. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.71 and a current ratio of 0.71. Equifax has a 12-month low of $135.98 and a 12-month high of $257.89. The company has a market cap of $30.23 billion, a P/E ratio of 51.36, a PEG ratio of 2.59 and a beta of 1.42.
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 15th. Stockholders of record on Tuesday, May 25th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 0.63%. The ex-dividend date was Monday, May 24th. Equifax’s dividend payout ratio is currently 22.38%.
Several research analysts have issued reports on the company. Barclays upped their price target on Equifax from $210.00 to $270.00 and gave the company an “overweight” rating in a report on Wednesday, April 28th. Morgan Stanley lifted their price objective on shares of Equifax from $201.00 to $220.00 and gave the stock an “equal weight” rating in a research report on Friday, April 23rd. Royal Bank of Canada lifted their price objective on shares of Equifax from $259.00 to $270.00 and gave the stock a “sector perform” rating in a research report on Thursday. TheStreet upgraded shares of Equifax from a “c+” rating to a “b” rating in a research report on Wednesday, April 21st. Finally, Needham & Company LLC lifted their price objective on shares of Equifax from $260.00 to $288.00 and gave the stock a “buy” rating in a research report on Thursday. Four research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $205.96.
Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), Workforce Solutions, International, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage services; financial marketing; and identity management services.
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