Bank of America Cuts Equifax (NYSE:EFX) Price Target to $250.00

Key Points

• Bank of America has lowered its price target for Equifax (NYSE: EFX) from $285.00 to $250.00 but maintains a "neutral" rating on the stock, indicating a potential upside of 6.03% from its current price.
• Equifax's stock is experiencing varied analyst ratings, with a consensus of one "Strong Buy," twelve "Buy," and seven "Hold" ratings, averaging a price target of $282.47.
• The company reported stronger-than-expected earnings, with $2.00 earnings per share for the last quarter, surpassing analysts' estimates and achieving a 7.4% revenue increase year-over-year.

Equifax (NYSE:EFX - Get Free Report) had its price objective decreased by research analysts at Bank of America from $285.00 to $250.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has a "neutral" rating on the credit services provider's stock. Bank of America's price objective points to a potential upside of 6.03% from the company's current price.

EFX has been the subject of several other reports. UBS Group lifted their target price on shares of Equifax from $287.00 to $297.00 and gave the stock a "buy" rating in a research note on Monday, September 15th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $300.00 target price on shares of Equifax in a research note on Wednesday, June 18th. Citigroup decreased their price target on shares of Equifax from $294.00 to $290.00 and set a "buy" rating on the stock in a report on Wednesday, July 23rd. Robert W. Baird decreased their price target on shares of Equifax from $310.00 to $289.00 and set an "outperform" rating on the stock in a report on Wednesday, July 23rd. Finally, Morgan Stanley reiterated an "overweight" rating on shares of Equifax in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $282.47.

Equifax Price Performance

Equifax stock traded up $3.43 during mid-day trading on Friday, reaching $235.78. The company had a trading volume of 757,117 shares, compared to its average volume of 1,061,962. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.77 and a quick ratio of 0.77. The stock's 50-day simple moving average is $248.46 and its 200-day simple moving average is $251.39. Equifax has a 1 year low of $199.98 and a 1 year high of $294.92. The company has a market capitalization of $29.19 billion, a P/E ratio of 46.22, a P/E/G ratio of 3.06 and a beta of 1.68.

Equifax (NYSE:EFX - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The credit services provider reported $2.00 earnings per share for the quarter, topping analysts' consensus estimates of $1.92 by $0.08. Equifax had a net margin of 10.95% and a return on equity of 18.89%. The business had revenue of $1.54 billion during the quarter, compared to analysts' expectations of $1.51 billion. During the same period last year, the company posted $1.82 EPS. The company's revenue was up 7.4% on a year-over-year basis. Equifax has set its Q3 2025 guidance at 1.870-1.970 EPS. FY 2025 guidance at 7.330-7.630 EPS. On average, equities analysts predict that Equifax will post 7.58 EPS for the current year.

Insider Activity

In other news, CEO Mark W. Begor sold 48,264 shares of the company's stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $241.71, for a total value of $11,665,891.44. Following the sale, the chief executive officer owned 142,872 shares in the company, valued at approximately $34,533,591.12. This represents a 25.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.40% of the company's stock.

Institutional Investors Weigh In On Equifax

Institutional investors have recently modified their holdings of the business. Country Trust Bank bought a new stake in shares of Equifax during the 2nd quarter valued at about $26,000. N.E.W. Advisory Services LLC bought a new stake in shares of Equifax during the 1st quarter valued at about $28,000. Ameritas Advisory Services LLC bought a new stake in shares of Equifax during the 2nd quarter valued at about $31,000. Caldwell Trust Co bought a new stake in shares of Equifax during the 2nd quarter valued at about $33,000. Finally, Zions Bancorporation National Association UT acquired a new position in Equifax during the 1st quarter valued at about $32,000. Institutional investors own 96.20% of the company's stock.

About Equifax

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.

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