Oppenheimer analyst Owen Lau maintains $Equifax (EFX.US)$ with a buy rating, and maintains the target price at $315.
According to TipRanks data, the analyst has a success rate of 74.4% and a total average return of 11.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Equifax (EFX.US)$'s main analysts recently are as follows:
Equifax's third-quarter results were described as 'mixed', with revenue and EBITDA margins slightly below estimates and consensus. Nevertheless, there was a positive aspect noted as mortgage inquiries during the third quarter showed year-over-year growth for the first time since 2021, suggesting a potential bottoming out in mortgage volumes which may gain from lower rates.
The firm views Equifax's guidance reduction as a minor negative, yet believes the company is poised for a period of robust multi-year EPS growth. They find the valuation appealing when normalized for the mortgage cycle and now regard the company as their premier idea within the consumer credit information sector.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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