The Equifax Inc. (EFX) Lowered to “Sell” at Goldman Sachs Group Inc.

The Equifax Inc. (EFX) Lowered to “Sell” at Goldman Sachs Group Inc.

Equifax Inc. (NYSE:EFX) was downgraded by research analysts at Goldman Sachs Group Inc. from a “neutral” rating to a “sell” rating in a research note issued to investors on Friday.

A number of other analysts have also weighed in on EFX. Zacks Investment Research raised Equifax from a “hold” rating to a “buy” rating and set a $147.00 price objective for the company in a research note on Tuesday, September 27th. Deutsche Bank AG set a $145.00 price objective on Equifax and gave the company a “buy” rating in a research note on Tuesday, October 18th. Royal Bank Of Canada increased their price objective on Equifax from $142.00 to $146.00 and gave the company an “outperform” rating in a research note on Friday, October 28th. RBC Capital Markets reissued a “buy” rating and set a $146.00 price objective (up previously from $142.00) on shares of Equifax in a research note on Friday, October 28th. Finally, Robert W. Baird raised Equifax from a “neutral” rating to an “outperform” rating and dropped their price objective for the company from $135.00 to $130.00 in a research note on Monday, December 5th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $138.91.

Shares of Equifax (NYSE:EFX) opened at 120.18 on Friday. Equifax has a 1-year low of $91.72 and a 1-year high of $136.97. The stock has a 50 day moving average of $117.79 and a 200 day moving average of $126.85. The company has a market cap of $14.39 billion, a price-to-earnings ratio of 30.43 and a beta of 0.81.

Equifax (NYSE:EFX) last released its quarterly earnings data on Wednesday, October 26th. The company reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.08. The firm earned $804.10 million during the quarter, compared to analyst estimates of $208.05 million. Equifax had a return on equity of 24.73% and a net margin of 15.87%. The business’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.14 earnings per share. Analysts predict that Equifax will post $5.48 EPS for the current year.

In other Equifax news, insider J Dann Adams sold 434 shares of the stock in a transaction on Monday, November 7th. The stock was sold at an average price of $125.00, for a total value of $54,250.00. Following the completion of the transaction, the insider now owns 57,370 shares in the company, valued at $7,171,250. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Rodolfo O. Ploder sold 3,341 shares of the stock in a transaction on Tuesday, November 29th. The stock was sold at an average price of $119.74, for a total value of $400,051.34. Following the completion of the transaction, the insider now owns 40,595 shares of the company’s stock, valued at approximately $4,860,845.30. The disclosure for this sale can be found here. In the last quarter, insiders acquired 7,400 shares of company stock valued at $904,236. 2.01% of the stock is owned by corporate insiders.

Several institutional investors have recently modified their holdings of EFX. Meeder Asset Management Inc. bought a new position in shares of Equifax during the second quarter valued at $293,000. Bank of Montreal Can bought a new position in shares of Equifax during the second quarter valued at $5,361,000. Conning Inc. increased its position in shares of Equifax by 0.3% in the second quarter. Conning Inc. now owns 2,873 shares of the company’s stock valued at $369,000 after buying an additional 10 shares during the last quarter. American Century Companies Inc. bought a new position in shares of Equifax during the second quarter valued at $90,891,000. Finally, Capital Fund Management S.A. bought a new position in shares of Equifax during the second quarter valued at $995,000. Hedge funds and other institutional investors own 86.74% of the company’s stock.

About Equifax

Equifax Inc is a provider of 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 Personal Solutions. USIS provides consumer and commercial information solutions to businesses in the United States, including online information, decisioning technology solutions, fraud and identity management services, portfolio management services, mortgage reporting and financial marketing services.

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