Alert: New Earnings Report (4/17/24)-Equifax Inc. (NYSE: EFX).

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Equifax Inc. (NYSE: EFX) has reported E.P.S. of $1.01 for its first fiscal quarter (ending March 31) versus $0.92 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $4.53 versus $4.79 for the same period a year ago.

Recent Price Action

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Equifax Inc. (NYSE: EFX) stock declined slightly by -0.4% on 4/17/24. The stock closed at $237.68. Moreover, exceptionally high trading volume at 204% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -9.5% during the last week.

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 (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 very high Power Rating of 88, resulting in the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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