Zacks: Analysts Expect Equifax Inc. (EFX) to Post $1.33 Earnings Per Share
Analysts expect Equifax Inc. (NYSE:EFX) to report $1.33 earnings per share for the current fiscal quarter, according to Zacks. Seven analysts have provided estimates for Equifax’s earnings. The highest EPS estimate is $1.34 and the lowest is $1.31. Equifax reported earnings per share of $1.39 in the same quarter last year, which would suggest a negative year-over-year growth rate of 4.3%. The business is scheduled to report its next earnings report on Thursday, March 7th.
On average, analysts expect that Equifax will report full year earnings of $5.73 per share for the current fiscal year, with EPS estimates ranging from $5.71 to $5.75. For the next fiscal year, analysts expect that the company will report earnings of $5.88 per share, with EPS estimates ranging from $5.67 to $6.17. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for Equifax.
Equifax (NYSE:EFX) last released its earnings results on Wednesday, October 24th. The credit services provider reported $1.41 EPS for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.01). The company had revenue of $834.20 million during the quarter, compared to analyst estimates of $857.51 million. Equifax had a return on equity of 21.48% and a net margin of 13.07%. During the same quarter last year, the business earned $1.53 earnings per share.
A number of hedge funds and other institutional investors have recently made changes to their positions in EFX. Columbus Circle Investors lifted its stake in shares of Equifax by 100.2% in the 3rd quarter. Columbus Circle Investors now owns 300,136 shares of the credit services provider’s stock valued at $39,189,000 after purchasing an additional 150,204 shares during the period. Bank of Montreal Can lifted its stake in shares of Equifax by 42.9% in the 3rd quarter. Bank of Montreal Can now owns 70,595 shares of the credit services provider’s stock valued at $9,217,000 after purchasing an additional 21,186 shares during the period. Renaissance Technologies LLC acquired a new position in shares of Equifax in the 2nd quarter valued at $1,477,000. Senator Investment Group LP acquired a new position in shares of Equifax in the 2nd quarter valued at $125,110,000. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in shares of Equifax by 9.6% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 268,624 shares of the credit services provider’s stock valued at $33,608,000 after purchasing an additional 23,492 shares during the period. Institutional investors and hedge funds own 90.51% of the company’s stock.
EFX stock traded down $3.70 during trading on Wednesday, reaching $99.28. The company had a trading volume of 1,205,499 shares, compared to its average volume of 1,514,727. The stock has a market capitalization of $12.38 billion, a PE ratio of 16.63, a price-to-earnings-growth ratio of 2.49 and a beta of 1.11. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.81. Equifax has a twelve month low of $90.54 and a twelve month high of $138.69.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 14th. Shareholders of record on Friday, November 23rd will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.57%. The ex-dividend date is Wednesday, November 21st. Equifax’s payout ratio is 26.13%.
Equifax Company Profile
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), International, Workforce Solutions, 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 loan origination information; financial marketing; and identity management services.
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