Needham & Company LLC Reiterates Buy Rating for Equifax (NYSE:EFX)

Key Points

• Needham & Company LLC has reaffirmed a "buy" rating for Equifax (NYSE:EFX) with a target price of $295.00, suggesting a potential upside of 23.80% from its current price.
• Equifax reported an EPS of $2.00 for the last quarter, exceeding estimates and reflecting a 7.4% increase in quarterly revenue year-over-year.
• Institutional investors own approximately 96.20% of Equifax's stock, indicating strong institutional interest in the company.

Equifax (NYSE:EFX - Get Free Report)'s stock had its "buy" rating reissued by Needham & Company LLC in a research report issued on Wednesday,Benzinga reports. They currently have a $295.00 target price on the credit services provider's stock. Needham & Company LLC's price objective points to a potential upside of 23.80% from the company's current price.

A number of other equities analysts have also recently issued reports on EFX. Bank of America dropped their price objective on shares of Equifax from $285.00 to $250.00 and set a "neutral" rating for the company in a research note on Friday, October 3rd. JPMorgan Chase & Co. dropped their price objective on shares of Equifax from $277.00 to $272.00 and set an "overweight" rating for the company in a research note on Wednesday, July 23rd. Seaport Res Ptn raised shares of Equifax to a "hold" rating in a report on Wednesday, October 1st. BMO Capital Markets lowered their target price on shares of Equifax from $280.00 to $260.00 and set a "market perform" rating on the stock in a report on Wednesday, July 23rd. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Equifax in a report on Friday. One equities research 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's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $282.47.

Equifax Price Performance

NYSE:EFX opened at $238.29 on Wednesday. The stock has a market cap of $29.50 billion, a P/E ratio of 46.63, a PEG ratio of 2.78 and a beta of 1.68. Equifax has a one year low of $199.98 and a one year high of $294.92. The company has a fifty day moving average price of $248.03 and a 200 day moving average price of $251.38. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.77 and a quick ratio of 0.77.

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

Insider Buying and Selling at Equifax

In other Equifax news, CEO Mark W. Begor sold 48,264 shares of Equifax stock in a transaction on Monday, July 28th. The shares were sold at an average price of $241.71, for a total transaction of $11,665,891.44. Following the completion of the transaction, the chief executive officer directly owned 142,872 shares of the company's stock, valued at $34,533,591.12. The trade was a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.40% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Chesley Taft & Associates LLC raised its stake in Equifax by 7.9% during the third quarter. Chesley Taft & Associates LLC now owns 2,936 shares of the credit services provider's stock worth $753,000 after acquiring an additional 215 shares in the last quarter. Sendero Wealth Management LLC increased its stake in shares of Equifax by 148.1% in the third quarter. Sendero Wealth Management LLC now owns 24,460 shares of the credit services provider's stock valued at $6,275,000 after buying an additional 14,603 shares during the period. Heritage Family Offices LLP increased its stake in shares of Equifax by 2.8% in the third quarter. Heritage Family Offices LLP now owns 2,126 shares of the credit services provider's stock valued at $545,000 after buying an additional 57 shares during the period. Threadgill Financial LLC boosted its holdings in Equifax by 22.1% in the third quarter. Threadgill Financial LLC now owns 22,029 shares of the credit services provider's stock valued at $5,651,000 after acquiring an additional 3,984 shares during the last quarter. Finally, Thrive Wealth Management LLC boosted its holdings in Equifax by 39.2% in the third quarter. Thrive Wealth Management LLC now owns 2,963 shares of the credit services provider's stock valued at $760,000 after acquiring an additional 834 shares during the last quarter. Institutional investors and hedge funds 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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