Analysts Anticipate Equifax Inc. (EFX) Will Announce Earnings of $1.32 Per Share

Wall Street analysts forecast that Equifax Inc. (NYSE:EFX) will report earnings per share of $1.32 for the current quarter, according to Zacks Investment Research. Seven analysts have made estimates for Equifax’s earnings, with the highest EPS estimate coming in at $1.34 and the lowest estimate coming in at $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 5%. 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 $5.72 per share for the current fiscal year, with EPS estimates ranging from $5.70 to $5.75. For the next fiscal year, analysts expect that the company will report earnings of $5.81 per share, with EPS estimates ranging from $5.61 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.

EFX has been the topic of a number of research reports. Zacks Investment Research restated a “sell” rating on shares of Equifax in a report on Tuesday, November 13th. Deutsche Bank downgraded Equifax from a “buy” rating to a “hold” rating and cut their price objective for the stock from $128.00 to $110.00 in a report on Tuesday, February 5th. They noted that the move was a valuation call. TheStreet downgraded Equifax from a “b” rating to a “c” rating in a report on Wednesday, October 24th. ValuEngine downgraded Equifax from a “buy” rating to a “hold” rating in a report on Friday, October 26th. Finally, Wells Fargo & Co cut their price objective on Equifax from $145.00 to $137.00 and set an “outperform” rating on the stock in a report on Friday, October 26th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. Equifax has an average rating of “Hold” and an average target price of $119.90.

Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc grew its stake in shares of Equifax by 0.5% in the third quarter. Vanguard Group Inc now owns 12,212,967 shares of the credit services provider’s stock valued at $1,594,647,000 after buying an additional 65,505 shares in the last quarter. Capital International Investors grew its stake in shares of Equifax by 2.3% in the third quarter. Capital International Investors now owns 6,475,374 shares of the credit services provider’s stock valued at $845,490,000 after buying an additional 148,440 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Equifax by 49.4% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 5,910,763 shares of the credit services provider’s stock valued at $550,470,000 after buying an additional 1,954,808 shares in the last quarter. Mackenzie Financial Corp grew its stake in shares of Equifax by 44.5% in the fourth quarter. Mackenzie Financial Corp now owns 2,764,891 shares of the credit services provider’s stock valued at $257,494,000 after buying an additional 851,486 shares in the last quarter. Finally, Cantillon Capital Management LLC grew its stake in shares of Equifax by 0.7% in the fourth quarter. Cantillon Capital Management LLC now owns 2,421,681 shares of the credit services provider’s stock valued at $225,531,000 after buying an additional 15,943 shares in the last quarter. Institutional investors own 91.34% of the company’s stock.

NYSE EFX opened at $108.42 on Wednesday. Equifax has a twelve month low of $88.68 and a twelve month high of $138.69. The stock has a market cap of $13.07 billion, a P/E ratio of 18.16, a price-to-earnings-growth ratio of 2.55 and a beta of 1.20. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.81.

About Equifax

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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