Equifax Stock Inches Up 0.28% on Rough Trading Day
July 11, 2023
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Equifax Inc ($NYSE:EFX)., a consumer credit reporting agency, saw its share price inch up by 0.28% to $225.61 on Friday, despite the rough trading day that the stock market experienced. On Friday, Equifax Inc.’s stock price eked out gains on a day when most equities struggled. The company’s stock was down in premarket trading, but managed to close the day with a modest increase, bucking the trend of the broader market.
Investors should continue to closely monitor Equifax Inc.’s stock price for any signs of improvement. Although the stock’s gains on Friday were small, it is a sign that the company may be able to weather the current market volatility and emerge in a strong position.
Analysis
GoodWhale has conducted an analysis of EQUIFAX INC‘s wellbeing and has found the company to have a high health score of 8/10, indicating that it is capable of safely riding out any crisis without the risk of bankruptcy. This is based on its cashflows and debt, as well as its Star Chart rating. When examining EQUIFAX INC’s Star Chart, it was found that the company is strong in dividend and profitability and moderate in growth. It is considered weak in asset, meaning it does not possess large amounts of assets held to generate revenue. Based on this, we have classified EQUIFAX INC as a ‘rhino’, indicating that it has achieved moderate revenue or earnings growth. Given EQUIFAX INC’s combination of stability and moderate growth, it is likely to be attractive to a variety of investors. Those looking for a steady income may be drawn to the company’s strong dividend score, while moderate growth potential could appeal to those looking for capital gains. Furthermore, its low risk of bankruptcy appeals to those looking for safety and security. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Equifax Inc. More…
| Total Revenues | Net Income | Net Margin |
| 5.06k | 586.8 | 11.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Equifax Inc. More…
| Operations | Investing | Financing |
| 1.11k | -853.9 | -213.9 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Equifax Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 11.58k | 7.5k | 32.98 |
Key Ratios Snapshot
Some of the financial key ratios for Equifax Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.8% | 30.5% | 19.3% |
| FCF Margin | ROE | ROA |
| 9.5% | 15.3% | 5.3% |
Peers
Equifax Inc. is a credit reporting agency. Its main competitors are TransUnion, Mills Music Trust, and Experian PLC. All three companies compete for credit report customers and business from creditors.
– TransUnion ($NYSE:TRU)
TransUnion is a credit reporting company. It compiles credit information on consumers and businesses, which is used by lenders to make credit decisions. The company also provides other services such as fraud detection, identity theft protection, and credit counseling. TransUnion has a market cap of 10.77B as of 2022, and a Return on Equity of 8.48%.
– Mills Music Trust ($OTCPK:MMTRS)
Mills Music Trust is a publicly traded music royalty company. The company owns the rights to a large catalog of music, which it licenses to businesses and individuals for use in their products and services. Mills Music Trust has a market cap of 10.14M as of 2022. The company generates revenue by licensing its music to businesses and individuals for use in their products and services.
– Experian PLC ($LSE:EXPN)
As of 2022, Experian PLC has a market cap of 24.89B and a Return on Equity of 34.45%. The company is a global information services company that provides data and analytical tools to its clients. Experian helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making.
Summary
Investors in Equifax Inc. saw the stock inch higher on Friday despite the overall market decline. While there was some volatility, shareholders saw a 0.28% increase in share price to close at $225.61. Looking ahead, investors should keep an eye on the company’s financial performance and any future announcements that could affect the stock price.
Long-term investors may want to consider the stock’s performance over the past year and look for potential entry points. With careful research and analysis, investors have the opportunity to profit from Equifax Inc.’s stock movement.
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