Alert: New Earnings Report (7/17/24)-Equifax Inc. (NYSE: EFX).

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For its second fiscal quarter (ending June 30), Equifax Inc. (NYSE: EFX) has reported a 17% increase in E.P.S. from $1.13 a year ago to $1.32 in the current quarter. However, this performance was $-0.41 short of the consensus estimate of $1.73. E.P.S. were $4.72 for the latest four quarters through June 30 versus $4.27 for the same period a year ago — an increase of 11%.

Recent Price Action

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On 7/17/24, Equifax Inc. (NYSE: EFX) stock declined by -2.0%, closing at $259.25. Moreover, above average trading volume at 125% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months and has risen 7.9% 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 D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Equifax has a very low Appreciation Score of 12 but a good Power Rating of 70, producing the Negative Value Trend Rating.

Rating Review

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

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