Equifax Inc. (NYSE: EFX). Extremely significant positive changes in investment behavior have recently occurred: its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.
Small positive changes in Equifax Inc. (NYSE: EFX) fundamentals have recently occurred: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, EFX is expected to continue to be a major Value Builder.
Equifax has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Equifax has a very low Appreciation Score of 12 but a good Power Rating of 80, and the Low Neutral Value Trend Rating results.
Recent Price Action
Equifax Inc. (NYSE: EFX) stock closed at $242.46 on 6/28/24 after an increase of 1.1%. Moreover, exceptionally high trading volume at 240% of normal accompanied the advance. The stock has risen 1.1% during the last week and has been strong relative to the market over the last nine months.
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