Equifax (NYSE:EFX) Reaches New 12-Month High at $288.24

Shares of Equifax Inc. (NYSE:EFX) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $288.24 and last traded at $281.05, with a volume of 1023694 shares traded. The stock had previously closed at $284.63.

Analyst Ratings Changes

A number of equities analysts recently weighed in on EFX shares. Wolfe Research started coverage on shares of Equifax in a report on Tuesday, July 9th. They issued an “outperform” rating and a $275.00 price target on the stock. Oppenheimer boosted their price objective on shares of Equifax from $272.00 to $300.00 and gave the company an “outperform” rating in a research report on Friday, July 19th. Bank of America raised their price target on shares of Equifax from $255.00 to $286.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. The Goldman Sachs Group increased their price objective on shares of Equifax from $246.00 to $277.00 and gave the company a “neutral” rating in a report on Friday, July 19th. Finally, Stifel Nicolaus lifted their price objective on shares of Equifax from $265.00 to $305.00 and gave the company a “buy” rating in a report on Friday, July 19th. Four research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $287.00.

Equifax Trading Down 2.2 %

The business’s fifty day moving average price is $249.02 and its 200 day moving average price is $249.37. The company has a market cap of $34.46 billion, a price-to-earnings ratio of 62.02, a price-to-earnings-growth ratio of 1.92 and a beta of 1.56. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.79 and a quick ratio of 0.79.

Equifax (NYSE:EFX) last issued its quarterly earnings data on Wednesday, July 17th. The credit services provider reported $1.82 EPS for the quarter, topping the consensus estimate of $1.73 by $0.09. Equifax had a return on equity of 18.88% and a net margin of 10.67%. The firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the prior year, the business posted $1.71 earnings per share. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. Research analysts anticipate that Equifax Inc. will post 7.34 earnings per share for the current fiscal year.

Insider Buying and Selling at Equifax

In other Equifax news, EVP Carla Chaney sold 5,178 shares of the business’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $238.63, for a total transaction of $1,235,626.14. Following the completion of the sale, the executive vice president now owns 16,884 shares of the company’s stock, valued at $4,029,028.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, EVP Carla Chaney sold 5,178 shares of the business’s stock in a transaction dated Friday, May 24th. The shares were sold at an average price of $238.63, for a total value of $1,235,626.14. Following the completion of the sale, the executive vice president now owns 16,884 shares in the company, valued at approximately $4,029,028.92. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP James M. Griggs sold 2,410 shares of Equifax stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $238.60, for a total transaction of $575,026.00. Following the completion of the sale, the senior vice president now owns 5,001 shares of the company’s stock, valued at $1,193,238.60. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,238 shares of company stock worth $2,647,378. 1.57% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. DAVENPORT & Co LLC grew its position in shares of Equifax by 2.4% during the 4th quarter. DAVENPORT & Co LLC now owns 2,022 shares of the credit services provider’s stock valued at $500,000 after acquiring an additional 48 shares during the period. Ballentine Partners LLC purchased a new position in Equifax in the 4th quarter worth approximately $244,000. Arizona State Retirement System increased its stake in shares of Equifax by 0.8% in the 4th quarter. Arizona State Retirement System now owns 33,728 shares of the credit services provider’s stock worth $8,341,000 after acquiring an additional 268 shares during the last quarter. Boston Trust Walden Corp acquired a new stake in Equifax during the fourth quarter worth $202,000. Finally, Venture Visionary Partners LLC purchased a new position in shares of Equifax during the 4th quarter worth $221,000. 96.20% of the stock is owned by institutional investors and hedge funds.

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.