27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Argus initiated coverage of Equifax Inc. (NYSE:EFX) at Buy with a $166 price target.
Analyst Stephen Biggar estimates a 2017 adjusted EPS of $6.15 and to increase 12.2 percent further to $6.90 in 2018.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Related Link: Equifax Board of Directors Declares Quarterly Dividend
A Decade of Beats
Equifax posted a first-quarter adjusted EPS of $1.44, marking its 41st straight quarter of meeting or beating consensus. EPS was up $0.21 year over year.
The stock outperformed the S&P 500 in Q1, up 6 percent versus the index’s 2 percent. In the past year though, Equifax is down 9.8 percent compared to the S&P’s 15.5 percent gain.
Looking longer term though at the last five years, the company’s 192 percent return vastly outperformed the S&P’s 83 percent.
Want Private Access to Benzinga Analyst?
Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.
Biggar said EPS growth over the last five years has been driven by a solid business strategy and improving economy.
Future Growth
The analyst expects the recently acquired Veda Group to continue boosting revenue growth. Veda Group, which operates in the Asia-Pacific region, helped Equifax’s international revenues rise 37 percent.
Stronger demand in wider geographic regions will also benefit the company’s total 2017 revenue.
Besides Veda, Biggar is looking to see increased demand for mortgage-related products and cost cut driving margin growth.
Related Links:
Equifax Disrupts the Global Market with Debut of Revolutionary Data and Advanced Analytics Portfolio, Equifax Ignite™Affordable Care Act Outlook: Equifax Workforce Solutions to Discuss on HRExaminer Radio - Executive Conversations
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.