Analysts predict Equifax, Inc. (EFX) stock to reach $255.47 in the next 12 months

At the time of writing, Equifax, Inc. [EFX] stock is trading at $239.05, down -1.06%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EFX shares have gain 2.71% over the last week, with a monthly amount drifted -4.36%, and not seem to be holding up well over a long-time horizon.

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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.

For the past year, the stock price of Equifax, Inc. fluctuated between $159.95 and $275.10. Currently, Wall Street analysts expect the stock to reach $255.47 within the next 12 months. Equifax, Inc. [NYSE: EFX] shares were valued at $239.05 at the most recent close of the market. An investor can expect a potential return of 6.87% based on the average EFX price forecast.

Analyzing the EFX fundamentals

According to Equifax, Inc. [NYSE:EFX], the company’s sales were 5.35B for trailing twelve months, which represents an 6.71% jump. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.13 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.23.

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 237.65 points at the first support level, and at 236.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 241.04, and for the 2nd resistance point, it is at 243.04.

Ratios To Look Out For

It is important to note that Equifax, Inc. [NYSE:EFX] has a current ratio of 0.73. As well, the Quick Ratio is 0.73, while the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 5.52, the price to book ratio is 6.48 and price to earnings (TTM) ratio is 53.22.

Transactions by insiders

Recent insider trading involved Houston Julia A, EVP, Strategy & Mktg Officer, that happened on May 31 ’24 when 4815.0 shares were sold. EVP, Chief HR Officer, Chaney Carla completed a deal on May 31 ’24 to sell 4104.0 shares. Meanwhile, SVP & Corp Controller Griggs James M sold 400.0 shares on May 31 ’24.

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