Equifax, Inc. (EFX) Monthly Stock Review
Published: September 22, 2024
Company Overview
Equifax, Inc. (NYSE: EFX), headquartered in Atlanta, Georgia, has a storied history that dates back to 1899. As a leader in the data, analytics, and technology sector, Equifax operates primarily within the consulting services industry. The company is segmented into three core areas: Workforce Solutions, which specializes in background verification; U.S. Information Solutions, focusing on credit reporting and consulting; and International, offering comprehensive consumer and commercial data services in various global markets. Currently valued at approximately $5.47 billion in total revenue, Equifax presents a promising investment opportunity with a “buy” recommendation based on robust growth potential.
Stock Performance & Market Outlook
Equifax’s stock is currently trading at $299.09, well-positioned between its 52-week high of $309.63 and low of $159.95. This strong price performance is supplemented by a bullish trend, as indicated by a fifty-day moving average of $287.01, illustrating considerable upward movement recently. Analysts are optimistic, with a target high price forecasted at $380.00 and a mean target price of $311.13. This variance suggests potential volatility but also highlights substantial upside, providing a compelling case for investors looking for growth opportunities.
Furthermore, with 123,736,000 shares outstanding and a short interest of 3.16%, investor sentiment appears predominantly positive, despite some bearish positions. This confidence in Equifax’s future is reinforced by a consensus recommendation mean of 1.8 from 17 analysts, underscoring a broad belief in the company’s growth trajectory.
Financial Health & Risks
While Equifax’s revenue stands strong at $5.47 billion, the absence of publicly available EBITDA figures limits a deeper analysis of its operational efficiency. Nonetheless, the current low percentage of shorted shares suggests robust investor confidence, hinting at a sustainable growth outlook. The expected price ranges of $270.00 for the low and $380.00 for the high indicate potential risks and rewards that investors should consider.
As the consulting services sector continues to evolve, Equifax’s established market presence positions it as a key player. Investors should remain vigilant for further financial clarity that can shed light on operational metrics and enhance the overall investment case.
| Metric | Value |
|---|---|
| Market Cap | $37.0b |
| Total Debt | $5.5b |
| Total Cash | $181.9m |
| Shares Outstanding | 123.7m |
| Float Shares | 123.1m |
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