BMO Capital Markets Cuts Equifax (NYSE:EFX) Price Target to $245.00

Key Points

• BMO Capital Markets has reduced Equifax's price target from $251.00 to $245.00, while maintaining a "market perform" rating on the stock.
• Equifax's stock has an average target price of $279.93 based on ratings from multiple analysts, with one "Strong Buy," twelve "Buy," and eight "Hold" ratings.
• The company reported $1.54 billion in revenue for the quarter, exceeding analyst estimates, along with an earnings per share (EPS) of $2.04, surpassing expectations by $0.10.

Equifax (NYSE:EFX - Get Free Report) had its price objective lowered by equities research analysts at BMO Capital Markets from $251.00 to $245.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a "market perform" rating on the credit services provider's stock. BMO Capital Markets' price target indicates a potential upside of 6.83% from the company's current price.

Other equities analysts have also issued research reports about the company. Citigroup lowered their price objective on Equifax from $294.00 to $290.00 and set a "buy" rating for the company in a research report on Wednesday, July 23rd. Seaport Res Ptn raised Equifax to a "hold" rating in a research report on Wednesday, October 1st. Wells Fargo & Company lowered their price objective on Equifax from $300.00 to $285.00 and set an "overweight" rating for the company in a research report on Wednesday, October 15th. Needham & Company LLC reissued a "buy" rating and set a $295.00 price objective on shares of Equifax in a research report on Tuesday. Finally, Oppenheimer began coverage on Equifax in a research report on Monday, October 13th. They set an "outperform" rating and a $271.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $279.93.

Equifax Stock Performance

Shares of EFX stock opened at $229.33 on Wednesday. The stock has a fifty day moving average of $245.88 and a 200 day moving average of $250.75. Equifax has a 52 week low of $199.98 and a 52 week high of $281.07. The firm has a market capitalization of $28.39 billion, a price-to-earnings ratio of 44.88, a PEG ratio of 2.67 and a beta of 1.68. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.79.

Equifax (NYSE:EFX - Get Free Report) last announced its quarterly earnings results on Tuesday, October 21st. The credit services provider reported $2.04 EPS for the quarter, topping analysts' consensus estimates of $1.94 by $0.10. Equifax had a return on equity of 18.89% and a net margin of 10.95%.The company had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same quarter last year, the firm posted $1.85 earnings per share. The firm's revenue was up 7.2% on a year-over-year basis. Equifax has set its Q4 2025 guidance at 1.980-2.080 EPS. FY 2025 guidance at 7.550-7.650 EPS. As a group, research analysts expect that Equifax will post 7.58 earnings per share for the current year.

Insider Activity

In other news, CEO Mark W. Begor sold 48,264 shares of Equifax stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $241.71, for a total value of $11,665,891.44. Following the completion of the transaction, the chief executive officer owned 142,872 shares of the company's stock, valued at $34,533,591.12. The trade was a 25.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Equifax

Large investors have recently bought and sold shares of the business. Capital Investment Advisors LLC increased its holdings in Equifax by 31.8% in the 2nd quarter. Capital Investment Advisors LLC now owns 4,443 shares of the credit services provider's stock worth $1,152,000 after buying an additional 1,072 shares in the last quarter. Inspire Investing LLC increased its holdings in Equifax by 28.0% in the 1st quarter. Inspire Investing LLC now owns 1,295 shares of the credit services provider's stock worth $315,000 after buying an additional 283 shares in the last quarter. DAVENPORT & Co LLC increased its holdings in Equifax by 12.0% in the 1st quarter. DAVENPORT & Co LLC now owns 2,212 shares of the credit services provider's stock worth $539,000 after buying an additional 237 shares in the last quarter. Teacher Retirement System of Texas increased its holdings in Equifax by 1,464.7% in the 1st quarter. Teacher Retirement System of Texas now owns 18,119 shares of the credit services provider's stock worth $4,413,000 after buying an additional 16,961 shares in the last quarter. Finally, OneDigital Investment Advisors LLC bought a new stake in Equifax in the 1st quarter worth about $209,000. 96.20% of the stock is currently owned by 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.