Equifax, Inc. (EFX) stock expected to loss -9.11% in the coming months

At the time of writing, Equifax, Inc. [EFX] stock is trading at $302.44, down -0.07%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The EFX shares have lost -0.26% over the last week, with a monthly amount glided 8.61%, and 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 August 13, 2024, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $340. Previously, Wolfe Research started tracking the stock with Outperform rating on July 09, 2024, and set its price target to $275. On February 13, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $310 on the stock. Redburn Atlantic downgraded its rating to a Neutral but stick to its price target of $272 on January 11, 2024. BofA Securities upgraded its rating to a Buy and raised its price target to $300 on January 08, 2024. Needham reiterated a Buy rating for this stock on January 04, 2024, and upped its price target to $305. In a note dated December 19, 2023, Oppenheimer initiated an Outperform rating and provided a target price of $273 on this stock.

For the past year, the stock price of Equifax, Inc. fluctuated between $159.95 and $308.54. Currently, Wall Street analysts expect the stock to reach $274.89 within the next 12 months. Equifax, Inc. [NYSE: EFX] shares were valued at $302.44 at the most recent close of the market. An investor can expect a potential drop of -9.11% based on the average EFX price forecast.

Analyzing the EFX fundamentals

According to Equifax, Inc. [NYSE:EFX], the company’s sales were 5.47B for trailing twelve months, which represents an 8.57% jump. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.11%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.17.

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 300.87 points at the first support level, and at 299.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 303.50, and for the 2nd resistance point, it is at 304.56.

Ratios To Look Out For

It is important to note that Equifax, Inc. [NYSE:EFX] has a current ratio of 0.79. Further, the Quick Ratio stands at 0.79, while the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 6.85, the price to book ratio is 7.97 and price to earnings (TTM) ratio is 64.52.

Transactions by insiders

Recent insider trading involved KELLEY JOHN J III, EVP, Chief Legal Officer, that happened on Aug 28 ’24 when 3000.0 shares were sold. Officer, KELLEY JOHN J III completed a deal on Aug 28 ’24 to buy 3000.0 shares. Meanwhile, EVP, Chief HR Officer Chaney Carla sold 3000.0 shares on Aug 07 ’24.

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