Equifax (EFX) was Initiated by Jefferies to “Hold”. Jefferies advised their investors in a research report released on May 9, 2016.
Many Wall Street Analysts have commented on Equifax. Company shares were Reiterated by Barclays on Apr 29, 2016 to “Overweight”, Firm has raised the Price Target to $ 135 from a previous price target of $125 .Company shares were Reiterated by RBC Capital Mkts on Apr 26, 2016 to “Outperform”, Firm has raised the Price Target to $ 126 from a previous price target of $125 .Company shares were Reiterated by Stifel on Apr 12, 2016 to “Buy”, Firm has raised the Price Target to $ 126 from a previous price target of $120 .
On the company’s financial health, Equifax reported $1.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $1.15. The company had revenue of $728.30 million for the quarter, compared to analysts expectations of $696.57 million. The company’s revenue was up 11.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.07 EPS.
Equifax closed down -0.12 points or -0.10% at $119.92 with 6,55,743 shares getting traded on Friday. Post opening the session at $119.08, the shares hit an intraday low of $118.5 and an intraday high of $120.25 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
In a different news, on May 4, 2016, Coretha M Rushing (Chief HR Officer) sold 11,344 shares at $119.42 per share price. According to the SEC, on Mar 1, 2016, Joseph Michael Iii Loughran (CMO) sold 6,216 shares at $106.23 per share price. On Mar 1, 2016, J Dann Adams (Pres-Per Sols) sold 2,500 shares at $105.89 per share price, according to the Form-4 filing with the securities and exchange commission.
Equifax Inc. is a global provider of information solutions and human resources business process outsourcing services for businesses governments and consumers. The Companys products and services are based on databases of consumer and business information derived from numerous types of credit financial assets telecommunications and utility payment employment income public record demographic and marketing data. It provides information technology and services to support debt collections and recovery management. In addition it is also a provider of payroll-related and human resource management business process outsourcing services in the United States of America. The Companys clients include financial institutions corporations governments and individuals. The Company has four operating segments which include U.S. Information Solutions (USIS) International Workforce Solutions and North America Personal Solutions.