Equities research analysts expect Equifax Inc. (NYSE:EFX) to report earnings of $1.54 per share for the current quarter, Zacks reports. Six analysts have provided estimates for Equifax’s earnings, with the highest EPS estimate coming in at $1.57 and the lowest estimate coming in at $1.53. Equifax posted earnings per share of $1.60 during the same quarter last year, which would suggest a negative year-over-year growth rate of 3.8%. The company is scheduled to issue its next quarterly earnings report on Wednesday, July 25th.
According to Zacks, analysts expect that Equifax will report full year earnings of $5.94 per share for the current financial year, with EPS estimates ranging from $5.91 to $5.99. For the next year, analysts anticipate that the firm will report earnings of $6.44 per share, with EPS estimates ranging from $6.24 to $6.66. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that cover Equifax.
Equifax (NYSE:EFX) last released its quarterly earnings data on Wednesday, April 25th. The credit services provider reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.06. Equifax had a return on equity of 22.55% and a net margin of 15.46%. The firm had revenue of $865.70 million during the quarter, compared to the consensus estimate of $854.89 million. During the same period last year, the business posted $1.44 EPS. Equifax’s quarterly revenue was up 4.0% on a year-over-year basis.
In related news, CEO Mark W. Begor purchased 8,700 shares of the company’s stock in a transaction on Friday, May 25th. The stock was bought at an average price of $115.01 per share, with a total value of $1,000,587.00. Following the completion of the transaction, the chief executive officer now owns 46,491 shares of the company’s stock, valued at approximately $5,346,929.91. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.45% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in the business. Truewealth LLC acquired a new stake in shares of Equifax during the fourth quarter worth $164,000. Massey Quick Simon & CO. LLC boosted its holdings in shares of Equifax by 9,375.0% during the first quarter. Massey Quick Simon & CO. LLC now owns 1,516 shares of the credit services provider’s stock worth $179,000 after purchasing an additional 1,500 shares during the last quarter. Point72 Asia Hong Kong Ltd boosted its holdings in shares of Equifax by 1,186.4% during the first quarter. Point72 Asia Hong Kong Ltd now owns 1,518 shares of the credit services provider’s stock worth $179,000 after purchasing an additional 1,400 shares during the last quarter. Douglass Winthrop Advisors LLC acquired a new stake in shares of Equifax during the fourth quarter worth $211,000. Finally, HPM Partners LLC acquired a new stake in shares of Equifax during the fourth quarter worth $219,000. 90.18% of the stock is owned by institutional investors.
NYSE EFX traded down $1.47 during mid-day trading on Wednesday, hitting $122.99. The stock had a trading volume of 1,319,600 shares, compared to its average volume of 1,114,376. Equifax has a 52-week low of $89.59 and a 52-week high of $147.02. The company has a market capitalization of $14.99 billion, a P/E ratio of 20.60, a PEG ratio of 2.62 and a beta of 0.94. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.60 and a quick ratio of 0.60.
The business also recently declared a quarterly dividend, which was paid on Friday, June 15th. Shareholders of record on Friday, May 25th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.27%. The ex-dividend date of this dividend was Thursday, May 24th. Equifax’s payout ratio is 26.13%.
Equifax Company Profile
Equifax Inc provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S. Information Solutions (USIS), International, Workforce Solutions, and Global Consumer Solutions. The USIS segment offers consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting; mortgage loan origination information; financial marketing; and identity management services.
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