Equifax (EFX) Stock

The company's stock rose more than 100% after promising results from a 96-week phase 2b SYMMETRY study that tested EFX for treating F4 compensated cirrhosis in MASH patients. The study showed a notable improvement in cirrhosis, with 39% of patients benefiting from EFX compared to only 15% in the placebo group, demonstrating the drug's effectiveness. Looking ahead, the company plans to conduct phase 3 SYNCHRONY studies for F1-F3 and F2-F3 MASH patients, with results anticipated in the first halves of 2026 and 2027, respectively.

ATLANTA, Jan. 22, 2025 /PRNewswire/ -- Equifax ® (NYSE: EFX) will share its financial results for the fourth quarter that ended on December 31, 2024. The announcement will be made in a press release on Thursday, February 6, at 6:30 a.m. Eastern Time (ET).

Equifax has reached a settlement and consent order to address claims made by the Consumer Financial Protection Bureau (CFPB). These claims stated that the credit reporting agency did not do enough to guarantee the accuracy of its credit reports.

Equifax's move to its own cloud and EFX.AI features is expected to increase revenue, improve profit margins, and generate more free cash flow, leading to higher profitability. With reduced capital expenditures and better margins, earnings per share (EPS) are projected to rise significantly, supporting a one-year price target of $306.75 and a Strong Buy recommendation. The new cloud system will enhance productivity, providing better returns for shareholders.

EFX stock is benefiting from the services it offers to its large number of clients and its wide range of products, helping the company stay ahead of its competitors.

Equifax and Mastercard have teamed up to offer fraud management tools to businesses in Latin America, but not in Brazil. This partnership will allow Mastercard's business clients in the region, such as banks and merchants, to access Equifax's Kount Payment Fraud solution. The announcement was made in a press release on Thursday, December 5.

Newcomers to Canada and those new to credit continue to face difficulties with affordability. However, people with mortgages are beginning to experience some improvement.

EFX is using acquisitions to grow its global presence and help its customers meet their hiring and employment requirements.

ATLANTA, Nov. 11, 2024 /PRNewswire/ -- Equifax ® (NYSE: EFX) is set to take part in various investor conferences this November. The CEO, Mark W. Begor, will be present at the J.P.