Equifax (NYSE:EFX) Given New $286.00 Price Target at Oppenheimer

Equifax (NYSE:EFX - Free Report) had its price target trimmed by Oppenheimer from $315.00 to $286.00 in a report issued on Tuesday,Benzinga reports. The brokerage currently has an outperform rating on the credit services provider's stock.

EFX has been the subject of several other reports. JPMorgan Chase & Co. increased their price objective on shares of Equifax from $300.00 to $304.00 and gave the stock an "overweight" rating in a research report on Friday, October 18th. Barclays raised their price objective on shares of Equifax from $300.00 to $380.00 and gave the company an "overweight" rating in a research note on Friday, September 13th. Robert W. Baird upped their target price on Equifax from $290.00 to $333.00 and gave the company an "outperform" rating in a report on Friday, October 18th. Citigroup increased their target price on Equifax from $263.00 to $304.00 and gave the company a "buy" rating in a research note on Wednesday, July 24th. Finally, Morgan Stanley increased their target price on Equifax from $250.00 to $271.00 and gave the company an "equal weight" rating in a research note on Thursday, September 12th. Four equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company's stock. According to MarketBeat, Equifax currently has an average rating of "Moderate Buy" and an average price target of $307.84.

Equifax Price Performance

EFX stock traded down $0.26 during trading on Tuesday, reaching $245.03. 2,095,897 shares of the company were exchanged, compared to its average volume of 870,564. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.88. Equifax has a twelve month low of $204.16 and a twelve month high of $309.63. The company has a 50-day moving average of $281.62 and a two-hundred day moving average of $267.70. The company has a market capitalization of $30.37 billion, a price-to-earnings ratio of 53.78, a P/E/G ratio of 2.34 and a beta of 1.59.

Equifax (NYSE:EFX - Get Free Report) last announced its quarterly earnings results on Wednesday, October 16th. The credit services provider reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.84 by $0.01. Equifax had a net margin of 10.07% and a return on equity of 18.56%. The firm had revenue of $1.44 billion during the quarter, compared to analysts' expectations of $1.44 billion. During the same period in the prior year, the company posted $1.76 EPS. The company's revenue was up 9.3% on a year-over-year basis. As a group, equities analysts predict that Equifax will post 7.28 earnings per share for the current fiscal year.

Equifax Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 22nd will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date is Friday, November 22nd. Equifax's dividend payout ratio (DPR) is 34.67%.

Insider Activity at Equifax

In other Equifax news, CEO Mark W. Begor sold 58,304 shares of the business's stock in a transaction on Friday, October 25th. The shares were sold at an average price of $270.49, for a total value of $15,770,648.96. Following the sale, the chief executive officer now owns 109,183 shares in the company, valued at $29,532,909.67. The trade was a 34.81 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John J. Kelley III sold 1,000 shares of the business's stock in a transaction on Friday, October 25th. The stock was sold at an average price of $272.92, for a total transaction of $272,920.00. Following the completion of the sale, the executive vice president now owns 11,269 shares in the company, valued at approximately $3,075,535.48. The trade was a 8.15 % decrease in their position. The disclosure for this sale can be found here. 1.66% of the stock is owned by corporate insiders.

Institutional Trading of Equifax

Several hedge funds have recently made changes to their positions in the business. Toronto Dominion Bank raised its position in shares of Equifax by 23.4% during the 3rd quarter. Toronto Dominion Bank now owns 44,626 shares of the credit services provider's stock valued at $13,114,000 after buying an additional 8,467 shares in the last quarter. Coldstream Capital Management Inc. raised its position in shares of Equifax by 64.0% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,865 shares of the credit services provider's stock valued at $540,000 after buying an additional 728 shares in the last quarter. Ashford Capital Management Inc. purchased a new stake in shares of Equifax during the 3rd quarter valued at about $1,790,000. Geode Capital Management LLC raised its position in shares of Equifax by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 2,885,661 shares of the credit services provider's stock valued at $845,041,000 after buying an additional 29,742 shares in the last quarter. Finally, M&T Bank Corp raised its position in shares of Equifax by 7.9% during the 3rd quarter. M&T Bank Corp now owns 17,420 shares of the credit services provider's stock valued at $5,119,000 after buying an additional 1,273 shares in the last quarter. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

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.