EFX - Equifax Inc.
139.24 0.00 (0.00%)
After hours: 5:08PM EDT
| Previous Close | 137.99 |
| Open | 137.79 |
| Bid | 139.12 x 800 |
| Ask | 139.14 x 800 |
| Day's Range | 136.93 - 139.25 |
| 52 Week Range | 88.68 - 139.25 |
| Volume | 533,752 |
| Avg. Volume | 806,677 |
| Market Cap | 16.824B |
| Beta (3Y Monthly) | 1.43 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -2.88 |
| Earnings Date | Jul 23, 2019 - Jul 29, 2019 |
| Forward Dividend & Yield | 1.56 (1.13%) |
| Ex-Dividend Date | 2019-05-23 |
| 1y Target Est | 127.50 |
- PR Newswire•11 hours ago
Equifax responds to the needs of real estate agents with Lead Accelerator™
ATLANTA, July 18, 2019 /PRNewswire/ -- According to the National Association of Realtors, seven in ten home buyers select the first real estate agent that connects with them. To help real estate agents quickly and intelligently connect with potential buyers, Equifax, a global data, analytics and technology company, today introduces Lead Accelerator™, a new solution designed specifically to help agents become the first contact for prospective home buyers.
- GlobeNewswire•12 hours ago
Equifax Canada Partners with Skills4Good
Equifax Canada is pleased to partner with Skills4Good (formerly B3 Canada) to provide emerging leaders from Equifax with an experiential leadership opportunity for professional growth through community building. “This is a unique opportunity for us to develop our talented employees while giving back to the communities in which we live and work,” said Lisa Nelson, President of Equifax Canada. “Skills4Good is thrilled to have Equifax Canada as a new client partner,” said Josephine Victoria Yam, CEO & Co-Founder of Skills4Good.
- Bloomberg•yesterday
Facebook Crypto Plan Draws Fresh Fury From House Democrats
(Bloomberg) -- Facebook Inc. took a beating for a second straight day over its controversial cryptocurrency plans as Democratic lawmakers argued the proposal posed vast privacy and national security risks.At a Wednesday hearing before the House Financial Services Committee, Chairwoman Maxine Waters compared Facebook to Wells Fargo & Co. and Equifax Inc., two scandal ridden companies that have come under scrutiny for harming consumers. If Facebook issues its Libra token, she added, the company will “wield immense power that could disrupt” governments and central banks.California’s Waters and other committee Democrats have crafted legislation to bar the company from proceeding with the coin until it can be properly vetted. In his testimony, Facebook executive David Marcus reiterated that the company won’t go ahead ahead with the cryptocurrency until regulators and governments across the world are satisfied. Democrats, however, were unmoved.Still, Marcus found more friends in the House than he did Tuesday in front of the Senate Banking Committee, giving some hope that Facebook could weather the political storm it unleashed a few weeks ago when it announced its Libra plans. One Republican on the financial services panel called the digital money idea brilliant, while others said they worried their Democratic colleagues were trying to stifle progress and thwart vital financial technology.“Washington must go beyond the hype and ensure that it’s not the place where innovation goes to die,” said Representative Patrick McHenry, the panel’s highest-ranking Republican. While saying he was appropriately skeptical of Facebook’s proposal, North Carolina’s McHenry urged lawmakers to move beyond making the company a political whipping boy.@RepMaxineWaters says of Facebook, and its plan to launch Libra Watch LIVE https://t.co/fdm5CaESeG— Beth Ponsot (@bponsot) July 17, 2019 “Change is here. Digital currencies exist,” he said. “And Facebook’s entry in this new world is just confirmation.”Read More: Big Tech Is Taking a Bipartisan Beating All Over WashingtonIt hasn’t been an easy few weeks for Facebook and its cryptocurrency project. Ahead of its Capitol Hill grillings, President Donald Trump took to Twitter to lambaste Libra, while Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin indicated that the company would have a tough time satisfying a slew of regulatory issues.A parade of senators from both parties criticized Facebook at Tuesday’s Senate Banking hearing, saying the company can’t be trusted to handle consumers’ financial transactions. Much of the day focused on Facebook’s missteps involving privacy breaches and allowing Russian propaganda designed to influence the 2016 presidential election on its platform.Despite the outcry, it would be difficult for Congress to block Facebook’s plans. U.S. lawmakers haven’t passed any significant laws on cryptocurrencies, and no federal agency has established itself as the primary overseer for virtual coins. At least half a dozen regulators including the Securities and Exchange Commission, the Commodity Futures Trading Commission and parts of the Treasury Department have claimed some turf.Read More: Why Everybody (Almost) Hates Facebook’s Digital CoinIn his House testimony Wednesday, Marcus again said the company knew it was only “at the beginning of this journey” and was eager to get input from governments, central banks and others across the globe. The digital money operations are being headquartered in Switzerland.“We expect the review of Libra to be among the most extensive ever,” he said. “We are fully committed to working with regulators here and around the world.”But his refusal to agree to the moratorium proposed by Democrats, or even a pilot program that would test how Libra functions before a full-scale launch, enraged Carolyn Maloney, a New York Democrat whose constituency includes many Wall Street bankers. “You’ve breached the trust of users over and over again,” she said, adding that lawmakers should consider halting the project.Under questioning, Marcus alluded to the regulatory gray area that its digital coin could occupy.He told the panel that Facebook doesn’t consider the token to be a security or an exchange-traded fund, meaning it would not be regulated by the SEC. And though he said Libra may be seen as a commodity under current law, its oversight is still an open question. “We believe it is a payment tool,” Marcus said.Read More: Facebook Spurs Washington to Confront Its Crypto DitheringFacebook is currently talking to the Swiss financial regulator as well as the Group of Seven about what rules might apply, he added. Among the issues that are being addressed: privacy concerns, money laundering, terrorism finance and any potential impact on sovereign currencies.Marcus also sought to downplay Facebook’s leading role in the project, noting that it would be just one of dozens of corporations involved. However, he acknowledged that thus far the social media giant was the only company to have spent money or developed the technology for the project.Republicans on the panel generally argued that it was premature for Congress, or regulatory agencies, to clamp down on Libra. The government, they noted, shouldn’t get in the way of private sector progress.“This is absolutely brilliant,” Representative Sean Duffy, a Wisconsin Republican, told Marcus. “I was shocked at how bright it was.”(Adds details on hearing throughout.)To contact the reporters on this story: Ben Bain in Washington at bbain2@bloomberg.net;Robert Schmidt in Washington at rschmidt5@bloomberg.netTo contact the editors responsible for this story: Jesse Westbrook at jwestbrook1@bloomberg.net, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Zacks•yesterday
Earnings Preview: Equifax (EFX) Q2 Earnings Expected to Decline
Equifax (EFX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Markit•2 days ago
See what the IHS Markit Score report has to say about Equifax Inc.
Equifax Inc NYSE:EFXView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low and declining Bearish sentimentShort interest | PositiveShort interest is low for EFX with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on July 9. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding EFX are favorable, with net inflows of $9.97 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. EFX credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- American City Business Journals•20 days ago
Atlanta has firm foothold on fintech: 'Biggest of the big are here'
Helping the fintech sector thrive in Atlanta is TTV Capital, a venture capital firm that has focused on fintech investing since the early 2000s and has backed 53 companies.
- MarketWatch•21 days ago
Former Equifax exec sentenced to 4 months in prison for insider trading related to data breach
A former Equifax executive who sold stock a week and a half before the company announced a massive data breach was sentenced Thursday to serve four months in federal prison for insider trading.
- MarketWatch•21 days ago
Startups have these four key advantages over larger competitors
Amid the wave of U.S. initial public offerings this year, it occurred to me that companies going public leave one world and enter another. Startups come out of nowhere and burn down entire established industries, in part because they are small and scrappy enough that they can take the risk of ignoring rules — long-held conventions, business etiquette, dress code, branding and sometimes even the letter of the law — that their big-company competitors simply cannot.
- Zacks•21 days ago
Should You Invest in the Invesco S&P 500 Equal Weight Industrials ETF (RGI)?
Sector ETF report for RGI
- Simply Wall St.•22 days ago
Are Equifax Inc.'s (NYSE:EFX) Interest Costs Too High?
Investors pursuing a solid, dependable stock investment can often be led to Equifax Inc. (NYSE:EFX), a large-cap worth...
- PR Newswire•23 days ago
Despite consumer demand, auto dealers struggle to provide complete digital solutions
ATLANTA, June 25, 2019 /PRNewswire/ -- A new automotive survey from Equifax finds that dealers understand digital retail solutions, but may struggle in providing such solutions to customers. According to dealers, 45 percent said it still takes between one-and-a-half and two hours, while 31 percent said it takes between two and two-and-a-half hours to complete a deal. While 84 percent of dealers said they offer appointment setting online, only 27 percent said they can facilitate the entire deal online.
- Zacks•24 days ago
Equifax (EFX) Partners FinTech Sandbox for Data & Analytics
Through the collaboration, Equifax (EFX) will help startups access its consumer and commercial data, and develop new products.
- American City Business Journals•26 days ago
Women's Leadership: Learn to adapt when every job requires tech
Today, everyone’s job description includes the use of some form of technology. If you aren’t keeping up with the changes, you may be working your way out of a job.
- PR Newswire•28 days ago
Equifax, GIACT Systems® Enter Strategic Alliance
ATLANTA , June 20, 2019 /PRNewswire/ -- GIACT Systems ® , a leader in helping companies positively identify and authenticate customers, and Equifax, a global data, analytics, and technology company, today ...
- PR Newswire•28 days ago
Equifax collaborates with FinTech Sandbox to help startups access data
ATLANTA, June 20, 2019 /PRNewswire/ -- Equifax Inc., a global data, analytics and technology company, today announced a joint collaboration with FinTech Sandbox to help drive global FinTech innovation. Startups can now leverage various forms of consumer and commercial data from Equifax in an effort to help these new businesses develop products for the benefit of the industry and consumers. Nonprofit FinTech Sandbox promotes innovation in the financial sector by making data and infrastructure available to well-qualified FinTech startups.
- PR Newswire•29 days ago
A Comparative Look At Employment History Can Net A Nearly 50% Improvement In New Hire Retention Rates
New Analysis from Equifax Workforce Solutions data shows that verifying employment history can yield up to 45% higher retention rates than employers who don't pre-screen. The Equifax analysis, conducted by the Workforce Solutions business unit, revealed that for some employers, verifying employment history could lift one-year retention rates as much as 45 percent higher on average than their peers that don't.
- TechCrunch•last month
After Equifax breach, US watchdog says agencies aren't properly verifying identities
A federal watchdog says the government should stop relying on the creditagencies to verify the identifies of those using government services
- InvestorPlace•last month
Cybersecurity Stocks: The Trillion-Dollar Industry That Will Impact Every Stock
Gone are the days of pleasantries where criminals would send you a ransom note in the mail, with letters cut from magazines, demanding that you send "X" amount of money or else. Now, all it takes is a single email. If you click it, they can steal your personal information in a flash. This method is known as "ransomware," a rather fitting name, if you ask me.Source: Shutterstock According to the CISA, ransomware "is a type of malicious software, or malware, designed to deny access to a computer system or data until a ransom is paid. It typically spreads through phishing emails or by unknowingly visiting an infected website." If the victim takes the bait, their personal information gets stolen, and the thief tries to extort them for thousands or even millions of dollars.So, what if I told you that this happened to an entire city?InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat is exactly what's happening in Baltimore, MD, right now. Not much is known about the hackers, except that they want 13 bitcoins' worth of ransom. (That's about $100,000.) And for over a month, the Baltimore government has been unable to process people's water bills, property taxes and parking tickets.For a while, no one was even able to buy a house! And to this day, city employees are still locked out of their email accounts, doing all their business through Gmail instead.If this is the first you've heard of it -- that's probably because Baltimore's head of I.T. was keeping a lid on it. It is pretty embarrassing for the city. While Baltimore rightly refused to fork over the 13 bitcoins, the whole incident exposed the need for over $18 million of spending on upgrades (and lost revenues). If they'd done it earlier, maybe Baltimore could also have avoided a worrisome attack on their 911 system last spring!But it's not just governments that are going to become big spenders on cybersecurity. Corporations will, too. And this is going to have a material effect on stocks.In fact, it already has. Just look at Equifax (NYSE:EFX).The cyberattack on this Top 3 credit rating agency -- in which 143 million people had their most sensitive information stolen, and the thief vanished without a trace -- may have been almost two years ago now. But Equifax is still feeling the effects.EFX fell 35% on the news … and has yet to recover. Then in late May, Moody's downgraded their outlook on EFX -- the first time they've ever done so because of poor cybersecurity. Between settling lawsuits, paying fines and patching up their systems, Moody's expects that the 2017 breach "will continue to hurt the company's profit and free cash flow for the foreseeable future."It's not stacking up very well in my Portfolio Grader, either. If you take a look at the image below, you can see that its fundamentals are very weak.For a company that's worth more than $18 billion, has been around for 120 years and is so intimately involved in our lives and businesses … those are some pretty dismal stats.This is just one example. Just about every company will need to step it up, if they want to survive in this new world of data breaches and "dark web" hackers.Microsoft (NASDAQ:MSFT) -- which, for its part, is an A-rated "Strong Buy" in my Portfolio Grader -- certainly has an eye on its cybersecurity. In fact, it just put out an open call, asking hackers to attack Microsoft Azure!Like many other savvy tech companies, Microsoft often relies on these "white hat" hackers to expose weaknesses in Windows, Office and its browsers before the bad guys do. Now it's doing the same for Azure, its suite of cloud data storage services. Basically, this is Microsoft's answer to Amazon Web Services -- a huge profit driver for Amazon (NASDAQ:AMZN) -- and when it comes to customer data, trust is everything. No one can afford to be the next Equifax.Globally, Gartner forecasts security spending to be more than $124 billion just this year. That number is set to double to $248 billion by 2023. And after that, I see it going to $1 trillion. For its part, the Trump administration requested about $11 billion for cybersecurity in its 2020 budget.So, while MSFT is undoubtedly a high-quality stock, I'd prefer to invest in a recipient of all this cybersecurity cash. The One AI Company Set to Corner the Booming Cybersecurity IndustryMy favorite play in cybersecurity stocks is a company that has developed a cunning detection system that can analyze past criminal behavior and predict the next attack, using pattern recognition and machine learning -- in a word, artificial intelligence (AI).Founded in the early 2000s, right at the dawn of the "Internet Age," it's become a leader in the field of cybersecurity.Not only is this company helping protect Microsoft Azure and Amazon Web Services … its other clients include Sprint (NYSE:S), Leidos (NYSE:LDOS), and even the Steelers and Boston Red Sox. And its revenues have surged from just $2 million in 2002 to $1.8 billion today.With its cutting-edge AI system, I believe this company is going to be grabbing a large slice of this potential $1 trillion market. The company not only has strong earnings growth -- it gets a solid rating for its Quantitative Grade as well. Meaning the stock is enjoying enough buying pressure to deliver further profits to its investors in the future.So, without further ado, click here for my free briefing on the "mother of all technologies." When you do, you'll get the chance to hear my 1 cybersecurity stock for the A.I. revolution. You can also get my special report, The One AI Company Set to Corner the Booming Cybersecurity Industry, absolutely free.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Safe Stocks to Buy for Anxious Investors * 4 Tech Stocks Looking Vulnerable * Should You Buy, Sell, Or Hold These 7 Hot IPO Stocks? Compare Brokers The post Cybersecurity Stocks: The Trillion-Dollar Industry That Will Impact Every Stock appeared first on InvestorPlace.
- American City Business Journals•last month
Cox, Georgia-Pacific, American Cancer Society CEOs among new Carter Center advisors
The Carter Center has added more than 30 high-profile Georgia business leaders to its leadership advisory group.
- GlobeNewswire•last month
Canadian consumers piled on their winter credit
TORONTO, June 11, 2019 -- Equifax® Canada’s latest report on the health of the consumer credit market shows Canadians remained highly reliant on debt to start 2019. Average.
