Equifax Inc. (EFX, Financial) anticipates its second-quarter revenue to be in the range of $1.5 billion to $1.53 billion, aligning with market expectations set at $1.5 billion. The company is making significant strides in its EFX2027 Strategic Priorities, despite encountering challenging market conditions. Over 85% of its income now stems from the recently developed EFXCloud platform.
The financial services firm is currently focusing on utilizing its advanced cloud capabilities to expedite new product innovation. This approach capitalizes on its unique data resources and includes investments in products, data integration, analytics, and EFX.AI technologies. Such initiatives are projected to fuel growth from 2025 onwards.
Equifax remains optimistic about the 'New Equifax' era, which promises enhanced growth, improved profit margins, and increasing free cash flow. The company is also committed to returning cash to its shareholders moving forward, positioning itself for a robust financial future.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Equifax Inc (EFX, Financial) is $276.29 with a high estimate of $310.00 and a low estimate of $230.00. The average target implies an upside of 28.33% from the current price of $215.29. More detailed estimate data can be found on the Equifax Inc (EFX) Forecast page.
Based on the consensus recommendation from 22 brokerage firms, Equifax Inc's (EFX, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Equifax Inc (EFX, Financial) in one year is $264.69, suggesting a upside of 22.95% from the current price of $215.29. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Equifax Inc (EFX) Summary page.
