Streetbeat News

EXPGY

Experian Plc

https://www.experianplc.com/

CEO

Brian Cassin

Open

50.48

Mkt cap

46B

Volume

12K

High

50.48

P/E Ratio

38.64

52-wk high

53.10

Low

49.88

Div yield

0.01

52-wk low

32.14

Needham analyst Kyle Peterson has maintained a Buy rating on Equifax Inc (EFX) and raised the price target from $230 to $305, naming it the Top Pick for 2024 and adding it to the Needham Conviction List. Peterson expects mortgage rate declines to provide tailwinds for EFX in 2024. EFX's non-mortgage businesses are scaling and showing record growth, which should benefit the company. EFX's data platform and workforce solutions segment are seen as differentiators from competitors like Experian Plc (EXPGY) and TransUnion (TRU). Peterson anticipates EFX shares to significantly outperform in 2024 with a favorable risk-reward at a P/E multiple of 25x his FY25 estimate. EFX shares were up 1.07% at $235.53 on last check.

Portfolio Pulse from Anusuya Lahiri

January 04, 2024 | 7:36 pm

Home Depot reported a 2% YoY sales decline in Q2 FY23, beating analyst consensus. Philips is recalling several ventilators due to dust and dirt issues, classified as 'most serious' by the FDA. Tencent Music reported a 5.5% YoY revenue growth in Q2, missing consensus. Cardinal Health reported a 48% YoY increase in Q4 FY23 adjusted EPS, beating consensus. Pfizer received FDA approval for its blood cancer therapy. LatAm Logistic Properties is going public via a $578M SPAC merger. Experian was charged by the FTC for spamming consumers. Amazon's Devices Chief, David Limp, announced his retirement. First Solar's internal audit revealed instances of forced labor in its Malaysian operations. Ryanair expects to exceed its monthly passenger record in August.

Portfolio Pulse from Vandana Singh

August 15, 2023 | 1:59 pm

The U.S. Federal Trade Commission (FTC) has charged Experian plc for spamming consumers with unsolicited emails without an opt-out option, violating the CAN-SPAM Act. Experian Consumer Services (ECS) is required to pay $650,000 to settle the charges. The order also prohibits ECS from sending marketing emails without an opt-out mechanism.

Portfolio Pulse from Shivani Kumaresan

August 15, 2023 | 12:50 pm

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