|Bid||154.00 x 800|
|Ask||154.18 x 800|
|Day's Range||153.90 - 155.31|
|52 Week Range||104.21 - 155.43|
|Beta (5Y Monthly)||1.19|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 17, 2020 - Feb 23, 2020|
|Forward Dividend & Yield||1.56 (1.01%)|
|Ex-Dividend Date||Nov 19, 2019|
|1y Target Est||149.65|
Equifax® (NYSE: EFX), a global data, analytics and technology company, today announced that it has signed a definitive agreement to increase its ownership of Equifax Credit Information Services Private Ltd. (ECIS) to 100%. ECIS is a leading Indian credit information company. The transaction emphasizes Equifax's proactive investment in the Indian lending industry.
A federal judge in Atlanta has given final approval to a billion-dollar settlement of a class-action lawsuit against Equifax Inc. by consumers damaged by its 2017 data breach. In orders entered Jan. 13, U.S. District Judge Thomas W. Thrash Jr. granted consumer plaintiffs’ motion for final approval of the proposed settlement and a motion for attorney’s fees, expenses and service awards to class representatives, and dismissed all objections to the settlement. Lawyers for consumers, which include former Georgia Gov. Roy E. Barnes, filed a motion Dec. 5 requesting final approval of what they called a “historic” settlement which would cost Atlanta-based credit bureau Equifax at least $3.8 billion.
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before 2018's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […]
Equifax Inc. (NYSE: EFX), today announced new direct-to-consumer partnerships with Esusu, MoCaFi and Zingo that will help develop a more complete picture of a consumer's financial profile. Equifax wants to offer real solutions that meet people wherever they are on their personal finance journey. The rent-reporting platforms enable consumers to opt-in to include rental payment data as part of their respective credit report to allow a more complete picture of financial history. All three companies, as part of their credit education initiatives, will also present their users with a free weekly or monthly VantageScore® credit score so they can track score changes over time.
Thanks to the emergence of the Millennial generation and its subsequent societal and workplace shifts, the fast-food industry has become even more complex and competitive. Old rules simply don't apply, which partially explains why Chipotle Mexican Grill (NYSE:CMG) has surged in the markets. Since the start of 2019, the Chipotle stock price has nearly doubled.Source: Northfoto / Shutterstock.com What makes the tremendous momentum in CMG stock all the more remarkable is its recovery from almost certain disaster. Back in late 2015, the fast-casual restaurant suffered a health crisis from a food-poisoning outbreak. It shattered what had been up to that point a sterling reputation. Worsening matters, the outbreak launched a federal investigation.That's behind the company now, as you can see from the Chipotle stock price. After concerted efforts to win back consumer trust - including margin-killing discounts and special offers - CMG gradually entered back into customers' good graces.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHonestly, I shouldn't have been so surprised. As we saw from the massive Equifax (NYSE:EFX) data breach, Americans are willing to forgive almost anything. * 6 Transportation Stocks That Are Going Places But like any good company, Chipotle is not satisfied with merely recovering from disaster. Instead, management is now targeting a platform that has long been a staple of the fast-food business: the drive-thru. If implemented successfully, it could spark a new leg up for CMG stock.I think it's a brilliant idea. Anecdotally, McDonald's (NYSE:MCD) has made their drive-thrus more attractive and efficient. In my opinion, they're lightning-quick. What's not anecdotal is how much McDonald's invested in their drive-thru business.Similarly, CMG could deliver efficiencies in the drive-thru and pick-up window platforms, which could then drive up the Chipotle stock price. But with the already dramatic valuation bump, is this rally still viable? Stagnation a Worrying Factor for Chipotle StockFrom a purely strategic perspective, you've got to like what management is doing. Implementing both drive-thrus and pick-up windows for online orders will compete directly against traditional fast-food establishments, knocking out their key advantage. After all, Chipotle arguably beats them in taste and health; bringing added convenience to the table makes fast food increasingly irrelevant.Sometimes, though, the investment narrative doesn't always align with positive, smart strategies. That's the case with CMG stock. Despite a remarkable turnaround effort and continued innovations, CMG represents a "three-quarters" investment: all of 2019's gains between January through September.It's curious, then, that the bulls are having trouble pushing the Chipotle stock price beyond the $840 level. Rather than blaming irrational trader psychology, I believe this resistance area has a fundamental explanation.Back in 2006 - the year of its initial public offering - Chipotle's total revenue (including global sales) was equal to 0.23% of U.S. restaurant and eatery sales. By 2015, this metric was an impressive 0.83%. For perspective, McDonald's U.S. sales in 2018 only took 1.2% of domestic restaurant sales. Clearly, Chipotle was challenging everyone in the space, bolstering the case for CMG stock. Click to Enlarge Source: Chart by Josh Enomoto But in 2016, the fast-casual eatery absorbed substantial fiscal pain from the food poisoning epidemic. As a result, the company's total revenue slipped to 0.68% of U.S. restaurant sales.To be fair, 2019 is on track to be a record sales year for Chipotle stock. Therefore, it's possible that the company's revenue is back to equaling 0.83% of total domestic sales. But it would also mean four years of unnecessary stagnation.Additionally, as Chipotle attempts to expand its footprint, it must deal with the law of large numbers. That means investments in growth will yield smaller percentage gains. And that's where I worry about the competition. Fast Food (or Fast Casual) Is a Tough BusinessDon't get me wrong: Chipotle's recovery story should be covered in every business class. Further, management is doing exactly what they should. But the reality is that proving the doubters wrong (like me) was the easy part. Now, they're back to the year 2015, minus the health crisis. How can they grow from here?Although the common assumption is that millennials eschew fast food for healthier fare, I think the matter is more nuanced. Millennials are diagnosed with obesity-related cancers at an alarming rate, so they're not nearly as healthy as they think. This also suggests that convenience, not health, is the motiving factor for young eaters.If that's the case, I wouldn't bank too heavily on CMG stock. Simply put, competition in the fast food or fast casual space is fierce. You have names like Yum! Brands (NYSE:YUM), Domino's Pizza (NYSE:DPZ) Jack in the Box (NASDAQ:JACK) and El Pollo Loco (NASDAQ:LOCO), among many others competing for consumer dollars.Some of these names may offer better upside because of their lack of heightened expectations. For instance, LOCO is an interesting idea because it serves healthier food than your typical fast food joint. They also have generous portions, making them better value picks for the consumer.Ultimately, I appreciate what Chipotle has done. I'm sure many books will be written about their exploits. But the real work starts now. Given the high probability that the good news is priced in, I'm going to let Chipotle stock cool down.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Transportation Stocks That Are Going Places * 5 Bold Stock Market Predictions for 2020 * 3 Beer Stocks to Own Heading Into New Year 2020 The post Chipotle Stock Is Grilled to a Crisp appeared first on InvestorPlace.
TORONTO, Dec. 16, 2019 -- In a release issued under the same headline on Wednesday, December 11, 2019 by Equifax Canada, please note that in the first paragraph the amount of.
Verisk (Nasdaq:VRSK), a leading data analytics provider, and Equifax Inc. (NYSE:EFX), a data, analytics, and technology leader, have entered into a strategic agreement to jointly develop the InflectionTM Insurance Score. Inflection is a new credit-based scoring solution that combines the robust credit data of Equifax with the insurance expertise and analytics of Verisk to help personal auto and property insurers enhance underwriting and improve growth and profitability.
The objection, received Dec. 5 by the U.S. District Court for the Northern District of Georgia, was filed by Christopher Andrews on his behalf and on behalf of all 147.9 million class members.
TORONTO, Dec. 11, 2019 -- Equifax® Canada reported that the average Canadian consumer owed $72,500 in debt at the end of September, an increase of 2.1 per cent compared to the.
In less than two years since launching Ignite as a one-stop data and analytics solutions suite, Equifax Inc. (NYSE: EFX) has witnessed institutions – from subprime lenders to retailers – improve outcomes with powerful business results. Long-time customer, Lendmark Financial Services, a consumer finance company specializing in providing a variety of personal loans, automobile loans, and retail merchant finance services, now uses Equifax Ignite® and InterConnect® solutions to better qualify and deliver meaningful customer offers, more accurately assess risk, and serve their customers in a more efficient way.
The proposed settlement will cost the Atlanta-based credit bureau at least $1.38B, exceeding the value of all previous consumer data breach settlements combined, and as much as $3.5B.
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […]
ATLANTA and STERLING, Va., Nov. 20, 2019 /PRNewswire/ -- Equifax Inc. (EFX) and Neustar®, Inc., today announced a strategic agreement designed to deliver superior segmentation solutions to the financial services industry. This new relationship will bring together the unique data assets of both companies for offerings designed to meet the needs of financial services institutions. The Fair Credit Reporting Act (FCRA) and Fair Housing Act (FHA) have caused many financial services companies to eliminate protected class variables from all targeted marketing activities.
Equifax to Continue Management of NCTUE Database of Alternative Data Sources ATLANTA , Nov. 19, 2019 /PRNewswire/ -- Equifax Inc. (NYSE: EFX) has extended its long-standing relationship with the National ...
Moody's Investors Service said that Equifax Inc.'s plan to use the net proceeds from its proposed senior unsecured notes due 2024 to repay short term loans is a positive development because liquidity improves. For further information, please see the Equifax Inc. page at www.moodys.com. Equifax Inc. provides information solutions, employment and income verifications and human resources business process outsourcing services.
ATLANTA and REDWOOD CITY, Calif., Nov. 7, 2019 /PRNewswire/ -- Equifax Inc. (EFX) and Envestnet | Yodlee (ENV) today announced a credit bureau-exclusive partnership that enables individuals to share real-time bank account information like balances, deposits and withdrawals to create a more robust personal financial picture. This relationship is an extension of Equifax leadership in alternative data, building on core data assets, recent acquisitions and the utility data partnership announced with Urjanet in September. Access to consumer-permissioned banking information from Envestnet | Yodlee further expands Equifax alternative data assets and empowers people to enhance their credit data as they establish themselves as strong candidates for loans and other services.
ATLANTA , Nov. 7, 2019 /PRNewswire/ -- Equifax Inc. (NYSE: EFX) today announced that the Equifax Board of Directors declared a quarterly dividend of $0.39 per share, payable on December 13, 2019 , to shareholders ...
Let's discuss some Business Services companies, NLSN, ENV, G, RBA, and SWCH, which are due to report third-quarter 2019 earnings on Nov 7 .
Equifax announced today that its Canadian business is now under the direction of Carrie Russell. Russell takes on the role of President and General Manager of Equifax Canada, following former President Lisa Nelson’s move to manage Equifax Australia. Previously, Russell was a senior executive at Canadian and global financial institutions and technology companies.