Equifax, Inc. (NYSE:EFX) Experiences Heavier than Average Trading Volume

With Equifax Down 30% Is The Stock Finally Fairly Priced

MORGAN STANLEY: Equifax shares could get cut in half from here (EFX)

Equifax, Inc. has a beta of 0.94 making it less volatile than the market as a whole that has a beta of 1. Equifax Inc. (NYSE:EFX) has risen 11.28% since September 15, 2016 and is uptrending. Baird now has a $141.00 target price on the credit services provider's stock.

Several other research firms have also recently commented on EFX. SunTrust Banks, Inc. raised their target price on Equifax from $110.00 to $155.00 in a research report on Friday. Barclays PLC restated an "overweight" rating and set a $115.00 target price (down from $150.00) on shares of Equifax in a research report on Thursday. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company. On June 13 analysts at Argus initiated coverage on EFX giving it an initial rating of "Buy". The stock has an average rating of "Buy" and an average price target of $137.93.

Shares of Equifax (NYSE EFX) opened at 92.98 on Friday.

The company is so far trading down by 3.81% percent from yesterday's close.

The P/E ratio is now 20.03 and market cap is 11.38B. Narrowing in, the stock is at a distance of -36.76% from the 50 day high and 3.78% off of the 50 day low.Covering sell-side analysts have recently weighed in on shares of Equifax Inc.

Equifax (NYSE:EFX) last released its earnings results on Wednesday, February 8th. The dividend was $0.390 per share for the quarter which comes to $1.56 on an annualized basis. The business had revenue of $856.70 million for the quarter, compared to analysts' expectations of $860.48 million. Equifax Inc had 37 analyst reports since July 24, 2015 according to SRatingsIntel. The firm's revenue for the quarter was up 5.6% compared to the same quarter previous year. After posting $0.49 EPS for the previous quarter, James River Group Holdings Ltd's analysts now forecast 38.78 % EPS growth. As of the latest earnings report the EPS was $4.72 and is expected to be $6.06 for the current year with 120,372,000 shares presently outstanding.

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COPYRIGHT VIOLATION WARNING: This piece was originally posted by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this article on another publication, it was illegally copied and reposted in violation of United States & global copyright & trademark laws. The original version of this piece of content can be accessed at https://baseballnewssource.com/markets/robert-w-baird-reiterates-buy-rating-for-equifax-inc-efx/1638474.html. (NYSE:EFX) news were published by: Reuters.com which released: "Credit Karma to launch free ID monitoring following Equifax hack" on September 15, 2017, also Seekingalpha.com with their article: "Equifax Valuation Is Attractive But Risks Remain" published on September 14, 2017, Seekingalpha.com published: "Equifax targeted by Sen". Investors of record on Friday, August 25th were paid a dividend of $0.39 per share. The ex-dividend date was Wednesday the 23rd of August 2017. Equifax's payout ratio is now 33.05%. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Equifax in the second quarter valued at $1,055,000. The stock was sold at an average price of $145.60, for a total value of $946,400.00.

In other news, CFO John W. Gamble, Jr. sold 6,500 shares of the company's stock in a transaction on Tuesday, August 1st. Following the completion of the sale, the insider now owns 43,648 shares of the company's stock, valued at approximately $6,359,513.60. Insiders own 1.29% of the company's stock.

A number of institutional investors have recently modified their holdings of the stock. YorkBridge Wealth Partners LLC now owns 744 shares of the credit services provider's stock valued at $102,000 after purchasing an additional 143 shares in the last quarter.

Here is a rundown on some insider market activity for Equifax, Inc. Short shares increased 27,955 over that timeframe.

Philadelphia Financial Management Of San Francisco Llc holds 3.4% of its portfolio in James River Group Holdings Ltd for 362,344 shares. Toronto Dominion Bank now owns 40,718 shares of the credit services provider's stock valued at $5,594,000 after buying an additional 8,364 shares in the last quarter. GSA Capital Partners LLP increased its stake in shares of Equifax by 393.7% in the fourth quarter.

After the recent decrease, investors may also look to see if the stock has entered oversold territory and could possibly ripe for a reversal.

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