Does Equifax Inc. (EFX) Have Any Gas After Reaching 52 Week Low?

September 13, 2017 - By Marie Mckinney

Investors sentiment decreased to 0.95 in Q4 2016. Its down 0.01, from 0.96 in 2016Q3. It is negative, as 56 investors sold Equifax Inc. shares while 182 reduced holdings. 61 funds opened positions while 164 raised stakes. 104.52 million shares or 2.87% more from 101.60 million shares in 2016Q3 were reported.
Koshinski Asset Management Inc has invested 0% in Equifax Inc. (NYSE:EFX). Jennison Assocs Ltd Llc has 0% invested in Equifax Inc. (NYSE:EFX) for 1,930 shares. Wedgewood Invsts Pa has 3,050 shares. Arizona State Retirement System reported 32,881 shares. Macquarie Gp, Australia-based fund reported 65,232 shares. Massachusetts-based State Street Corp has invested 0.06% in Equifax Inc. (NYSE:EFX). Findlay Park Prtn Llp holds 1.86 million shares or 2.68% of its portfolio. Lpl Ltd Company holds 0.01% or 7,255 shares in its portfolio. Los Angeles Cap Mngmt Equity Rech reported 0.03% of its portfolio in Equifax Inc. (NYSE:EFX). Smith Asset Mgmt Gp Limited Partnership accumulated 0.33% or 95,960 shares. Adage Cap Partners Lc has invested 0.06% in Equifax Inc. (NYSE:EFX). 9,022 are owned by Strs Ohio. Cornerstone Advsr invested in 0.11% or 1,119 shares. Liberty Mutual Group Inc Asset Inc invested in 9,343 shares or 0.04% of the stock. Barrett Asset Mngmt Limited Com holds 0.05% or 5,500 shares in its portfolio.

Since May 23, 2017, it had 0 buys, and 1 insider sale for $1.91 million activity.

The stock of Equifax Inc. (NYSE:EFX) hit a new 52-week low and has $96.23 target or 8.00 % below today’s $104.60 share price. The 7 months bearish chart indicates high risk for the $12.59 billion company. The 1-year low was reported on Sep, 13 by Barchart.com. If the $96.23 price target is reached, the company will be worth $1.01 billion less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

About 5.33M shares traded or 250.66% up from the average. Equifax Inc. (NYSE:EFX) has risen 11.28% since September 13, 2016 and is uptrending. It has underperformed by 5.42% the S&P500.

Equifax Inc. (NYSE:EFX) Ratings Coverage

Among 15 analysts covering Equifax Inc (NYSE:EFX), 11 have Buy rating, 1 Sell and 3 Hold. Therefore 73% are positive. Equifax Inc had 36 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Equifax Inc. (NYSE:EFX) earned “Hold” rating by Jefferies on Monday, May 9. The rating was maintained by Robert W. Baird on Thursday, September 7 with “Buy”. The stock has “Equal Weight” rating by Stephens on Monday, May 1. Barclays Capital maintained the stock with “Overweight” rating in Friday, February 10 report. The firm has “Outperform” rating given on Monday, December 5 by Robert W. Baird. The stock of Equifax Inc. (NYSE:EFX) has “Overweight” rating given on Friday, April 29 by Barclays Capital. On Tuesday, February 23 the stock rating was initiated by Morgan Stanley with “Overweight”. Morgan Stanley downgraded Equifax Inc. (NYSE:EFX) on Wednesday, January 18 to “Equal-Weight” rating. The rating was downgraded by Robert W. Baird on Friday, July 24 to “Neutral”. Barclays Capital maintained the shares of EFX in report on Friday, February 12 with “Overweight” rating.

More notable recent Equifax Inc. (NYSE:EFX) news were published by: Prnewswire.com which released: “SHAREHOLDER ALERT FROM WEISSLAW LLP: Equifax, Inc. is the Subject of a Legal …” on September 12, 2017, also Bloomberg.com with their article: “Equifax Says Cyberattack May Have Hit 143 Million Customers” published on September 07, 2017, Forbes.com published: “Equifax: A Category 5 Cybersecurity Crisis Storm. Chances Are It Will Hit You” on September 09, 2017. More interesting news about Equifax Inc. (NYSE:EFX) were released by: Seekingalpha.com and their article: “Equifax Investors Should Be Worried” published on September 09, 2017 as well as Bloomberg.com‘s news article titled: “Equifax’s Seismic Breach Tests Trump’s Pledge to Dismantle Rules” with publication date: September 12, 2017.

Equifax Inc. is a global provider of information solutions and human resources business process outsourcing services for businesses, governments and consumers. The company has market cap of $12.59 billion. The Firm operates in four divisions: U.S. It has a 22.12 P/E ratio. Information Solutions , International, Workforce Solutions and Global Consumer Solutions.

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