Here is how Equifax, Inc. (EFX) stock might take investors finances to the next level

Equifax, Inc. [EFX] stock is trading at $268.33, up 1.16%. An important factor to consider is whether the stock is rising or falling in short-term value. The EFX shares have gain 4.06% over the last week, with a monthly amount glided 9.02%, and seem to be holding up well over a long-time horizon.

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On 27, February 2024, Equifax Introduces Business Verification Solution. In a post published today on Yahoo Finance, New Offering Enables Faster, More Informed Decisions Prior to Establishing Business Relationships.

From an analyst’s perspective:

Equifax, Inc. [NYSE: EFX] stock has seen the most recent analyst activity on February 13, 2024, when Evercore ISI upgraded its rating to a Outperform and also boosted its price target to $310 from $210. Previously, Redburn Atlantic downgraded its rating to Neutral on January 11, 2024, and kept the price target unchanged to $272. On January 08, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $300 on the stock. Needham reiterated its Buy rating and increased its price target to $305 on January 04, 2024. Oppenheimer initiated its recommendation with a Outperform and recommended $273 as its price target on December 19, 2023. Jefferies upgraded its rating to Buy for this stock on December 18, 2023, and upped its price target to $315. In a note dated December 15, 2023, Wells Fargo upgraded an Overweight rating on this stock and boosted its target price from $200 to $290.

Equifax, Inc. [EFX] stock has fluctuated between $159.95 and $267.84 over the past year. Currently, Wall Street analysts expect the stock to reach $244.83 within the next 12 months. Equifax, Inc. [NYSE: EFX] shares were valued at $268.33 at the most recent close of the market. An investor can expect a potential drop of -8.76% based on the average EFX price forecast.

Analyzing the EFX fundamentals

Equifax, Inc. [NYSE:EFX] reported sales of 5.27B for the trailing twelve months, which represents a growth of 10.73%. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -6.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 265.99 points at the first support level, and at 263.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 269.83, and for the 2nd resistance point, it is at 271.33.

Equifax, Inc. [EFX] reported earnings per share of $1.81 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.74/share, meaning a difference of $0.07 and a surprise factor of 4.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.76 per share as compared to estimates of $1.77 per share, a difference of -$0.01 representing a surprise of -0.60%.

Ratios To Look Out For

For context, Equifax, Inc.’s Current Ratio is 0.67. On the other hand, the Quick Ratio is 0.67, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 6.32, the price to book ratio is 7.30 and price to earnings (TTM) ratio is 60.97.

Transactions by insiders

Recent insider trading involved Ploder Rodolfo O, EVP, Pres Workforce Solutions, that happened on Feb 14 when 20788.0 shares were sold. EVP, Chief Legal Officer, KELLEY JOHN J III completed a deal on Nov 20 to sell 4000.0 shares. Meanwhile, EVP, Strategy & Mktg Officer Houston Julia A sold 2000.0 shares on Nov 20.

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