Equifax (NYSE:EFX) Given New $295.00 Price Target at Stifel Nicolaus

Equifax (NYSE:EFX - Get Free Report) had its price target upped by research analysts at Stifel Nicolaus from $277.00 to $295.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a "buy" rating on the credit services provider's stock. Stifel Nicolaus' price target points to a potential upside of 15.54% from the stock's current price.

EFX has been the topic of a number of other research reports. Morgan Stanley restated an "overweight" rating and issued a $305.00 price target (up previously from $295.00) on shares of Equifax in a research report on Tuesday, June 10th. Wells Fargo & Company boosted their price target on shares of Equifax from $288.00 to $306.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 21st. Bank of America initiated coverage on shares of Equifax in a research report on Thursday, April 10th. They issued a "buy" rating and a $280.00 price target on the stock. Oppenheimer boosted their price target on shares of Equifax from $277.00 to $296.00 and gave the stock an "outperform" rating in a research report on Thursday, May 22nd. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $300.00 price objective on shares of Equifax in a research note on Wednesday. Five investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Equifax currently has a consensus rating of "Moderate Buy" and a consensus price target of $294.63.

Equifax Price Performance

Shares of EFX traded up $1.92 during trading hours on Wednesday, hitting $255.31. 1,992,158 shares of the company were exchanged, compared to its average volume of 981,330. The company has a market cap of $31.71 billion, a price-to-earnings ratio of 52.21, a P/E/G ratio of 2.51 and a beta of 1.63. Equifax has a fifty-two week low of $199.98 and a fifty-two week high of $309.63. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.86. The firm's fifty day moving average is $259.09 and its 200 day moving average is $253.30.

Equifax (NYSE:EFX - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The credit services provider reported $1.53 EPS for the quarter, beating analysts' consensus estimates of $1.45 by $0.08. Equifax had a return on equity of 18.81% and a net margin of 10.68%. The firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.41 billion. On average, equities analysts anticipate that Equifax will post 7.58 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP John W. Gamble, Jr. sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $259.10, for a total value of $518,200.00. Following the completion of the transaction, the executive vice president now directly owns 65,176 shares in the company, valued at approximately $16,887,101.60. This trade represents a 2.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Mark W. Begor sold 22,160 shares of Equifax stock in a transaction that occurred on Monday, April 28th. The shares were sold at an average price of $256.61, for a total transaction of $5,686,477.60. Following the sale, the chief executive officer now owns 142,395 shares of the company's stock, valued at approximately $36,539,980.95. The trade was a 13.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.40% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in EFX. Brighton Jones LLC raised its stake in shares of Equifax by 49.2% during the fourth quarter. Brighton Jones LLC now owns 3,638 shares of the credit services provider's stock worth $927,000 after acquiring an additional 1,200 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Equifax by 2.5% during the fourth quarter. Empowered Funds LLC now owns 2,202 shares of the credit services provider's stock worth $561,000 after acquiring an additional 53 shares in the last quarter. Principal Securities Inc. raised its stake in shares of Equifax by 9.2% during the fourth quarter. Principal Securities Inc. now owns 797 shares of the credit services provider's stock worth $203,000 after acquiring an additional 67 shares in the last quarter. Catalyst Capital Advisors LLC purchased a new position in shares of Equifax during the fourth quarter worth approximately $93,000. Finally, Truist Financial Corp raised its stake in shares of Equifax by 2.6% during the fourth quarter. Truist Financial Corp now owns 58,370 shares of the credit services provider's stock worth $14,876,000 after acquiring an additional 1,460 shares in the last quarter. 96.20% of the stock is owned by hedge funds and other 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.