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Equifax Inc. (EFX): The stock medium term indicators show it’s time to Buy

Equifax Inc. (EFX) saw an uptrend of 0.46% in the recent trading with $199.26 being its most recent. The current price level -18.27% lower than the highest price of $243.79 marked by the stock while trading over the past 52-weeks, whereas it is 36.50% higher than the lowest price of $145.98 the company dropped to over past 52-weeks. The latest news story on EFX appeared in PR Newswire under the title “Equifax Helps Streamline Human Resources Digital Experience with PeopleHQ” on Mar-15-23.

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Squeezing the time span to 30 day period shows us the stock is currently trading -7.17% below one month high and is +4.91% above of the lowest during that time. Looking into the simple moving average, Equifax Inc. (EFX)’s stock stands at a SMA-50 of $210.31 while that of 5-day is reading $196.59.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and EFX’s SMA-200 as of now is $194.37.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 22 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.30 for the stock.

Equifax Inc. Earnings – What Happened With EFX

Coming around sales and income figures on EFX Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $1.2 billion.

EFX – Equifax Inc. Stock Earnings Estimates

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 122.70 million. EFX does have institutional investors; and they hold 96.90% of the stock.

Equifax Inc. – Insider Activity and Holdings

Moreover, the latest SEC filings also revealed that stock came across 8 new insider purchases involving 58,020 shares. On the other hand, EFX declared 79,143 shares have been sold in 45 insider transactions over the past three months.

Currently, the stock has been recommended as Moderate Buy by 22 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.30 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Equifax Inc. was 0.68 while posting a debt to equity ratio of 1.46.

Technical Analysis of Equifax Inc. (NYSE:EFX) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Equifax Inc. (EFX), we notice that the stock’s 20-day average volume is at 677,905 shares. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 824,392 shares. And to end, EFX’s 100-day average volume is 946,547 shares with 100% of the long-term indicators pointing towards Buy for the stock.

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