Equifax's (EFX) Buy Rating Reiterated at Needham & Company LLC

Key Points

• Equifax's stock received a reaffirmed "buy" rating from Needham & Company LLC with a target price of $295.00, suggesting a potential upside of 29.18% from its previous close.
• Equifax's recent quarterly earnings report showed an EPS of $2.04, surpassing analysts' expectations, with a revenue of $1.54 billion, reflecting a 7.2% increase from the same quarter last year.
• The company's stock has experienced a modest decrease of 1.2% recently, trading at $228.36 per share, a notable drop from its 1-year high of $281.07.

Equifax (NYSE:EFX - Get Free Report)'s stock had its "buy" rating reaffirmed by stock analysts at Needham & Company LLC in a research report issued to clients and investors on Tuesday,Benzinga reports. They presently have a $295.00 target price on the credit services provider's stock. Needham & Company LLC's target price would suggest a potential upside of 29.18% from the company's previous close.

Several other equities analysts have also recently issued reports on EFX. UBS Group boosted their price objective on Equifax from $287.00 to $297.00 and gave the company a "buy" rating in a report on Monday, September 15th. Wells Fargo & Company decreased their price objective on Equifax from $300.00 to $285.00 and set an "overweight" rating for the company in a report on Wednesday, October 15th. Oppenheimer began coverage on Equifax in a research note on Monday, October 13th. They issued an "outperform" rating and a $271.00 price target for the company. Morgan Stanley restated an "overweight" rating on shares of Equifax in a research note on Friday, October 3rd. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of Equifax in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $280.93.

Equifax Stock Down 1.2%

Shares of Equifax stock traded down $2.76 during trading on Tuesday, reaching $228.36. The company's stock had a trading volume of 986,129 shares, compared to its average volume of 1,069,823. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.79. The company has a market cap of $28.27 billion, a price-to-earnings ratio of 44.67, a P/E/G ratio of 2.62 and a beta of 1.68. Equifax has a 1-year low of $199.98 and a 1-year high of $281.07. The company has a 50-day simple moving average of $246.12 and a two-hundred day simple moving average of $250.90.

Equifax (NYSE:EFX - Get Free Report) last issued 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 analysts' expectations of $1.52 billion. During the same quarter in the previous year, the firm posted $1.85 EPS. The firm's revenue was up 7.2% compared to the same quarter last year. 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, equities analysts forecast that Equifax will post 7.58 earnings per share for the current year.

Insider Activity at Equifax

In other news, CEO Mark W. Begor sold 48,264 shares of the business's stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $241.71, for a total transaction of $11,665,891.44. Following the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.40% of the stock is owned by company insiders.

Institutional Trading of Equifax

Institutional investors have recently made changes to their positions in the stock. Capital Investment Advisors LLC grew its stake in shares of Equifax by 31.8% during the 2nd quarter. Capital Investment Advisors LLC now owns 4,443 shares of the credit services provider's stock valued at $1,152,000 after buying an additional 1,072 shares during the period. Inspire Investing LLC grew its stake in shares of Equifax by 28.0% during the 1st quarter. Inspire Investing LLC now owns 1,295 shares of the credit services provider's stock valued at $315,000 after buying an additional 283 shares during the period. DAVENPORT & Co LLC grew its stake in shares of Equifax by 12.0% during the 1st quarter. DAVENPORT & Co LLC now owns 2,212 shares of the credit services provider's stock valued at $539,000 after buying an additional 237 shares during the period. Teacher Retirement System of Texas grew its stake in shares of Equifax by 1,464.7% during the 1st quarter. Teacher Retirement System of Texas now owns 18,119 shares of the credit services provider's stock valued at $4,413,000 after buying an additional 16,961 shares during the period. Finally, OneDigital Investment Advisors LLC purchased a new stake in Equifax during the 1st quarter worth $209,000. 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.

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