Equifax (EFX, $152.03) beats Q3 earnings expectations
Equifax Inc. posted third-quarter 2022 earnings that exceeded the Zacks Consensus Estimates.
The consumer credit reporting agency’s adjusted earnings fell -6.5% year-over-year to $1.73 per share, topping the Zacks Consensus Estimate by 5.5%.
Revenues were up +1.8% year over year to $1.24 billion, exceeding the consensus estimate by 2.3%.
The company’s US division revenue fell -9% from the year-ago quarter, while International division rose +6% year-over-year. Revenues from Europe rose +6% year over year. Latin America revenues were up +21% year over year. Canada revenues grew +9% year over year.
For the fourth quarter of 2022, Equifax expects revenues in the range of $1.165 to $1.185 billion, compared to the Zacks Consensus Estimate of $1.21 billion. Adjusted EPS is expected in the range of $1.45 to $1.55 a share, compared to the Zacks Consensus Estimate of $1.68.
For full-year 2022, the company projects revenues in the range of $5.089 billion to $5.109 billion, compared with the previous guidance of $5.07 billion to $5.13 billion. Adjusted EPS is now expected in the range of $7.49 to $7.59 a share, compared with the previous outlook of $7.55 to $7.80 a share, and the Zacks Consensus Estimate of $7.63 a share.
EFX's RSI Indicator ascending out of oversold territory
The RSI Indicator for EFX moved out of oversold territory on November 21, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 22 similar instances when the indicator left oversold territory. In of the 22 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 02, 2024. You may want to consider a long position or call options on EFX as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for EFX just turned positive on November 25, 2024. Looking at past instances where EFX's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EFX advanced for three days, in of 350 cases, the price rose further within the following month. The odds of a continued upward trend are .
EFX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EFX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for EFX entered a downward trend on November 27, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 79, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. EFX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (7.143) is normal, around the industry mean (27.465). P/E Ratio (59.257) is within average values for comparable stocks, (88.791). Projected Growth (PEG Ratio) (0.958) is also within normal values, averaging (1.729). Dividend Yield (0.006) settles around the average of (0.038) among similar stocks. P/S Ratio (6.135) is also within normal values, averaging (11.833).
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a provider of information solutions and human resources business process outsourcing services
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