Equifax stock falls on Thursday, underperforming the market.
October 10, 2022

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Equifax Inc Stock Fair Value – Equifax Inc ($NYSE:EFX). is a leading provider of credit information and analysis in the United States. The company’s stock fell on Thursday, underperforming the market. The company uses this data to provide a variety of services, including credit monitoring, identity theft protection, and credit reporting.
Equifax’s stock has been under pressure in recent months amid concerns about the company’s data security. Equifax has since taken steps to improve its data security, but investors remain concerned about the company’s long-term prospects. Thursday’s stock decline appears to be related to these concerns.
Stock Price
The stock opened at $171.2 and closed at $168.8, down by 3.2% from the previous closing price of $174.3. The stock has lost about a third of its value since the announcement. The stock sales have raised questions about whether the executives knew about the breach before it was made public.
Equifax has said that the executives were not aware of the breach at the time of the stock sales. The company is currently facing multiple investigations, including by the U.S. Justice Department and the Federal Trade Commission.
VI Analysis – Equifax Inc Stock Fair Value
EQUIFAX INC is a consumer credit reporting agency. The company’s fundamentals reflect its long term potential. The intrinsic value of EQUIFAX INC share is around $224.3, calculated by VI Line. This means that EQUIFAX INC is currently undervalued by 25%.
Summary
Equifax Inc. stock fell on Thursday, underperforming the market. This comes as a bit of a surprise, as the company’s stock price has been on a bit of a roller coaster ride lately. Nevertheless, investors seem to be spooked by the potential for further regulation of the credit reporting industry, which could impact Equifax’s bottom line.
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