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 moved above its 50-day moving average on May 10, 2023 date and that indicates a change from a downward trend to an upward trend. In of 35 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on May 15, 2023. You may want to consider a long position or call options on EFX as a result. In of 77 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 May 10, 2023. Looking at past instances where EFX's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for EFX crossed bullishly above the 50-day moving average on May 01, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 365 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 315 cases where EFX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The 10-day RSI Indicator for EFX moved out of overbought territory on May 23, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 45 similar instances where the indicator moved out of overbought territory. In of the 45 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 66 cases where EFX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
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 .
EFX broke above its upper Bollinger Band on May 22, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 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 81, placing this stock slightly better than average.
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 Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. EFX’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued 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 (6.361) is normal, around the industry mean (68.073). P/E Ratio (44.248) is within average values for comparable stocks, (120.552). Projected Growth (PEG Ratio) (2.187) is also within normal values, averaging (1.764). Dividend Yield (0.007) settles around the average of (0.038) among similar stocks. P/S Ratio (5.133) is also within normal values, averaging (76.085).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of information solutions and human resources business process outsourcing services
A.I.dvisor indicates that over the last year, EFX has been closely correlated with TRU. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if EFX jumps, then TRU could also see price increases.
|TRU - EFX|
|ALLE - EFX|
|VRSK - EFX|
|CTAS - EFX|
|CPRT - EFX|