Equifax (NYSE:EFX) Stock Gets Price Target Reduction from Needham & Company LLC

Equifax (NYSE:EFX) had its price objective lowered by Needham & Company LLC from $245.00 to $190.00 in a report published on Tuesday,Benzinga reports. The firm currently has a buy rating on the credit services provider’s stock.

A number of other equities research analysts have also commented on the stock. Mizuho decreased their price objective on shares of Equifax from $222.00 to $210.00 and set an “outperform” rating on the stock in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft set a $208.00 target price on shares of Equifax and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. Royal Bank Of Canada reduced their target price on shares of Equifax from $222.00 to $194.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 22nd. Morgan Stanley reduced their target price on shares of Equifax from $243.00 to $225.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 22nd. Finally, Robert W. Baird decreased their price target on shares of Equifax from $245.00 to $232.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. Fifteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Equifax currently has a consensus rating of “Moderate Buy” and an average target price of $203.15.

Equifax Trading Up 7.3%

Shares of EFX opened at $161.28 on Tuesday. The stock has a fifty day moving average price of $167.95 and a two-hundred day moving average price of $170.22. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.60 and a current ratio of 0.60. Equifax has a 52-week low of $137.01 and a 52-week high of $238.94. The company has a market cap of $18.95 billion, a price-to-earnings ratio of 28.34, a PEG ratio of 1.57 and a beta of 1.35.

Equifax (NYSE:EFX) last posted its quarterly earnings data on Tuesday, July 21st. The credit services provider reported $2.25 EPS for the quarter, topping analysts’ consensus estimates of $2.20 by $0.05. The company had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.70 billion. Equifax had a return on equity of 21.61% and a net margin of 10.73%. The business’s revenue was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.00 earnings per share. Equifax has set its Q3 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.390-8.690 EPS. Analysts predict that Equifax will post 8.53 EPS for the current fiscal year.

Equifax Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were paid a $0.56 dividend. The ex-dividend date of this dividend was Monday, August 31st. This represents a $2.24 annualized dividend and a yield of 1.4%. Equifax’s dividend payout ratio is presently 39.37%.

Insider Activity

In other news, EVP John Gamble sold 4,500 shares of the business’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $187.96, for a total transaction of $845,820.00. Following the completion of the transaction, the executive vice president directly owned 69,055 shares in the company, valued at approximately $12,979,577.80. The trade was a 6.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark W. Begor sold 37,791 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $172.16, for a total value of $6,506,098.56. Following the completion of the sale, the chief executive officer directly owned 271,890 shares of the company’s stock, valued at approximately $46,808,582.40. This trade represents a 12.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.70% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of EFX. V Square Quantitative Management LLC increased its stake in Equifax by 18.1% in the third quarter. V Square Quantitative Management LLC now owns 2,648 shares of the credit services provider’s stock valued at $363,000 after purchasing an additional 406 shares in the last quarter. Mitchell & Pahl Private Wealth LLC raised its holdings in Equifax by 12.9% in the third quarter. Mitchell & Pahl Private Wealth LLC now owns 4,752 shares of the credit services provider’s stock worth $652,000 after purchasing an additional 543 shares during the period. B. Riley Wealth Advisors Inc. raised its holdings in Equifax by 9.1% in the third quarter. B. Riley Wealth Advisors Inc. now owns 2,524 shares of the credit services provider’s stock worth $346,000 after purchasing an additional 211 shares during the period. GK Wealth Management LLC acquired a new stake in Equifax in the third quarter worth $42,000. Finally, GAMMA Investing LLC boosted its position in shares of Equifax by 9.4% during the third quarter. GAMMA Investing LLC now owns 2,767 shares of the credit services provider’s stock worth $380,000 after purchasing an additional 237 shares in the last quarter. Institutional investors own 96.20% of the company’s stock.

About Equifax

Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that helps businesses, government agencies and consumers make informed decisions about credit, identity, employment and financial risk. The company collects and analyzes information from a broad range of sources to provide insights and decisioning tools for lenders, employers, insurers, telecommunications providers and other organizations.

Its products and services include consumer and commercial credit reports, credit scores, fraud and identity-management solutions, marketing and customer-acquisition analytics, and income and employment verification through The Work Number.