Equifax Inc. (NYSE:EFX) Short Interest Update

Equifax Inc. (NYSE:EFX) was the recipient of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 2,880,000 shares, a decrease of 7.7% from the March 15th total of 3,120,000 shares. Based on an average daily trading volume, of 759,400 shares, the short-interest ratio is currently 3.8 days.

Equifax Trading Down 1.8 %

Shares of NYSE:EFX traded down $4.37 during trading on Tuesday, reaching $238.55. 1,058,410 shares of the company traded hands, compared to its average volume of 776,154. The firm has a market capitalization of $29.64 billion, a price-to-earnings ratio of 54.22, a P/E/G ratio of 1.94 and a beta of 1.51. Equifax has a 52-week low of $159.95 and a 52-week high of $275.10. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.04. The business’s fifty day moving average is $259.23 and its 200-day moving average is $231.00.

Equifax (NYSE:EFX) last released its quarterly earnings data on Wednesday, February 7th. The credit services provider reported $1.81 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.07. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.31 billion. Equifax had a return on equity of 19.40% and a net margin of 10.36%. The business’s quarterly revenue was up 10.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.52 earnings per share. As a group, analysts forecast that Equifax will post 7.53 EPS for the current year.

Equifax Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, February 23rd were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date was Thursday, February 22nd. Equifax’s dividend payout ratio (DPR) is presently 35.45%.

Institutional Trading of Equifax

A number of institutional investors have recently made changes to their positions in the stock. Wetzel Investment Advisors Inc. purchased a new stake in Equifax in the fourth quarter worth $25,000. KB Financial Partners LLC purchased a new stake in Equifax in the third quarter worth $25,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in Equifax in the third quarter worth $27,000. Eagle Bay Advisors LLC purchased a new stake in Equifax in the second quarter worth $29,000. Finally, Turtle Creek Wealth Advisors LLC purchased a new stake in Equifax in the fourth quarter worth $41,000. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on EFX shares. The Goldman Sachs Group upped their price objective on shares of Equifax from $195.00 to $222.00 and gave the stock a “neutral” rating in a research report on Friday, December 29th. Jefferies Financial Group upgraded shares of Equifax from a “hold” rating to a “buy” rating and upped their price objective for the stock from $200.00 to $315.00 in a research report on Monday, December 18th. Oppenheimer upped their price objective on shares of Equifax from $273.00 to $291.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 9th. Truist Financial upped their price objective on shares of Equifax from $270.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. Finally, Redburn Atlantic cut shares of Equifax from a “buy” rating to a “neutral” rating and set a $272.00 price objective on the stock. in a research report on Thursday, January 11th. Four analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat, Equifax currently has a consensus rating of “Moderate Buy” and an average price target of $267.00.

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.