Equifax (EFX) Stock Gains 54% in a Year: What Should You Know?

Core Insights - Equifax (EFX) has experienced a significant stock increase of 53.9% over the past year, outperforming the industry average of 17% and the Zacks S&P 500 composite's rise of 26.3% [1] Financial Performance - Equifax's earnings have surpassed the Zacks Consensus Estimate in three of the last four quarters, with an average earnings surprise of 3.2% [2] Client Base and Strategic Focus - The company serves a diverse range of industries, including finance, mortgage, telecommunications, and government, which helps mitigate sector vulnerabilities by leveraging strengths across different sectors [3][4] Growth through Acquisitions - Recent acquisitions, such as Efficient Hire and Midigator LLC in 2022, have expanded Equifax's offerings in HR solutions and digital identity, respectively [5] - The acquisition of Boa Vista Servicos in 2023 enhanced Equifax's presence in Brazil and allowed access to its international capabilities [6] Revenue Growth - International revenue growth in Q2 2024 was driven by increases in Latin America and Europe, with the Boa Vista acquisition significantly contributing to revenue surges in Latin America [6]