Here's Why You Should Retain Equifax Stock in Your Portfolio Now

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Here's Why You Should Retain Equifax Stock in Your Portfolio Now

Zacks11-16 00:46

Equifax EFX is benefiting from its new EFX Cloud Data Fabric, and the innovation of its products using AI and ML. However, low liquidity and seasonality cast a shadow over its performance. The company...

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However, low liquidity and seasonality cast a shadow over its performance.\nThe company...</p>\n\n<a href=\"https://finance.yahoo.com/news/heres-why-retain-equifax-stock-164600208.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4503","symbol_name":"景林资产持仓","start_time":0,"source_url":"https://finance.yahoo.com/news/heres-why-retain-equifax-stock-164600208.html","article_id":"2483586718","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/314iuua9u1RHeygnOewkVg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/8fe090e18ccfdcc365a9e524ea8d286a"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483586718","pubTimestamp":1731689160,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Equifax EFX is benefiting from its new EFX Cloud Data Fabric, and the innovation of its products using AI and ML. 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Seasonality as su","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4503":"景林资产持仓","BK4531":"中概回港概念","BK4123":"调查和咨询服务","QFIN":"奇富科技","EFX":"艾可菲","LU2778985437.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"A\" (USD) INC","BK4585":"ETF&股票定投概念","LU1981816686.USD":"EASTSPRING INV ASIAN MULTI FACTOR EQUITY \"A\" (USD) ACC","BK4166":"消费信贷","BK4588":"碎股","BK4526":"热门中概股","APP":"AppLovin Corporation","BK4539":"次新股","LU2476274308.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (USD) ACC","BK4023":"应用软件"},"translate_title":"这就是为什么您现在应该在投资组合中保留Equifax股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"APP":1,"EFX":1,"QFIN":1},"content_text":"Equifax EFX is benefiting from its new EFX Cloud Data Fabric, and the innovation of its products using AI and ML. However, low liquidity and seasonality cast a shadow over its performance.\nThe company’s revenues for 2024 and 2025 are expected to increase 8.7% and 11.6%, respectively, on a year-over-year basis. Earnings are anticipated to rise 9.2% in 2024 and 29.4% in 2025. The company has an expected long-term (three to five years) earnings-per-share growth rate of 14.6%.\nFactors That Auger Well for EFX\nIn the third quarter of 2024, Equifax made ample progress in its international technology transformation activities, with Canada completing the migration of all customers from their consumer and commercial credit exchanges onto the new EFX Cloud Data Fabric. It was a huge success for the international team regarding the cloud migration in Argentina, Chile and the Dominican Republic, which was completed at the beginning of the year. Equifax expects such efforts to continue in 2025 and 2026, resulting in additional cloud savings as the migrations are completed. EFX’s aim to build a new Equifax Cloud to leverage its new cloud capability is anticipated to drive its top and bottom lines.\nThe company is using AI and ML to develop products in its single data fabric, and build higher-performing model scores and products for its customers. Equifax is also propelling the pace of developing the latest EFX models and scores, leveraging its advanced AI and ML capabilities in domains like identity and fraud, and consumer loan affordability. Overall, the technologies discussed above are driving higher performance and predictability for EFX.\nAcquisitions made by Equifax supplement its core business. The company has leveraged acquisitions to provide broad insight into consumer performance, financial status, capabilities of customers and market opportunities.\nIn 2023, Equifax acquired Boa Vista Servicos, which strengthened its presence in Brazil and enabled customers of the acquired company to leverage the expansive international capabilities of EFX. Midigator LLC and Efficient Hire were acquired by the company in 2022. Midigator expanded Equifax’s footprint around the globe in digital identity and fraud prevention solutions, whereas Efficient Hire expanded its portfolio of employer, HR-focused solutions and enhanced its ability to assist clients in managing their hiring and employment needs.\nRisks Faced by Equifax\nEquifax's current ratio at the end of third-quarter 2024 was 0.88, lower than the industry average of 1.15. Despite an 11.4% rise from the preceding quarter, a current ratio of less than 1 indicates that the company may have problems paying off its short-term obligations.\nImage Source: Zacks Investment Research\nPer Equifax, its Financial Marketing Services business usually witnesses lower revenues from financial wealth asset products and data management services in the first, second and third quarters than the fourth quarter of a year. Seasonality as such makes it tough to predict EFX’s prospects. Thus, we believe that year-over-year comparisons are more vital for this company.\nZacks Rank & Stocks to Consider\nEquifax currently carries a Zacks Rank #3 (Hold).\nA couple of better-ranked stocks from the broader Zacks Business Services sector are AppLovin APP & Qifu Technology, Inc. QFIN.\nAppLovin flaunts a Zacks Rank of 1 (Strong Buy) at present. It has a long-term earnings growth expectation of 20%. You can see the complete list of today’s Zacks #1 Rank stocks here.\nAPP delivered a trailing four-quarter earnings surprise of 26.2%, on average.\nQifu Technology sports a Zacks Rank of 1 at present. It has a long-term earnings growth expectation of 14.5%.\nQFIN delivered a trailing four-quarter earnings surprise of 8.6%, on average.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nEquifax, Inc. (EFX) : Free Stock Analysis Report\nAppLovin Corporation (APP) : Free Stock Analysis Report\nQifu Technology, Inc. (QFIN) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}