FY2024 Earnings Forecast for Equifax Issued By William Blair

Equifax Inc. (NYSE:EFX) – William Blair cut their FY2024 earnings estimates for Equifax in a research report issued on Tuesday, January 21st. William Blair analyst A. Nicholas now anticipates that the credit services provider will post earnings of $7.25 per share for the year, down from their previous forecast of $7.29. The consensus estimate for Equifax’s current full-year earnings is $7.27 per share. William Blair also issued estimates for Equifax’s FY2025 earnings at $8.38 EPS.

Several other research analysts have also commented on EFX. Oppenheimer cut their price objective on Equifax from $315.00 to $286.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 19th. Wolfe Research downgraded Equifax from an “outperform” rating to a “peer perform” rating in a report on Thursday, December 12th. Jefferies Financial Group decreased their price target on Equifax from $340.00 to $300.00 and set a “buy” rating for the company in a report on Wednesday, January 15th. Stifel Nicolaus dropped their price objective on shares of Equifax from $305.00 to $284.00 and set a “buy” rating on the stock in a research note on Wednesday, November 20th. Finally, Robert W. Baird upped their target price on shares of Equifax from $290.00 to $333.00 and gave the company an “outperform” rating in a research note on Friday, October 18th. Two equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $311.12.

Equifax Stock Performance

NYSE:EFX opened at $268.56 on Thursday. The firm’s fifty day simple moving average is $258.24 and its 200 day simple moving average is $273.82. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.96. Equifax has a twelve month low of $213.02 and a twelve month high of $309.63. The firm has a market capitalization of $33.29 billion, a price-to-earnings ratio of 59.68, a PEG ratio of 2.79 and a beta of 1.57.

Institutional Investors Weigh In On Equifax

Several institutional investors and hedge funds have recently bought and sold shares of the business. Susquehanna Fundamental Investments LLC bought a new position in shares of Equifax during the second quarter valued at approximately $15,646,000. Barclays PLC grew its stake in Equifax by 2.8% during the 3rd quarter. Barclays PLC now owns 184,890 shares of the credit services provider’s stock worth $54,329,000 after buying an additional 5,097 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in Equifax by 3.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 6,397 shares of the credit services provider’s stock worth $1,880,000 after buying an additional 231 shares during the period. Intech Investment Management LLC lifted its stake in Equifax by 84.1% in the third quarter. Intech Investment Management LLC now owns 6,861 shares of the credit services provider’s stock valued at $2,016,000 after buying an additional 3,135 shares during the last quarter. Finally, NS Partners Ltd boosted its holdings in shares of Equifax by 2.3% during the third quarter. NS Partners Ltd now owns 95,010 shares of the credit services provider’s stock valued at $27,920,000 after acquiring an additional 2,094 shares during the period. Institutional investors and hedge funds own 96.20% of the company’s stock.

Insider Activity

In other news, EVP Lisa M. Nelson sold 551 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $260.39, for a total value of $143,474.89. Following the transaction, the executive vice president now directly owns 11,697 shares in the company, valued at approximately $3,045,781.83. This trade represents a 4.50 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.57% of the company’s stock.

Equifax Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 22nd were given a $0.39 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $1.56 annualized dividend and a dividend yield of 0.58%. Equifax’s payout ratio is 34.67%.

Equifax Company Profile

Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship.