Credit Services Stocks Under Scanner -- Capital One Financial, CIT Group, Equifax, and Fifth Street Finance
Chelmsford Park SA, August 2, 2016 /PRNewswire/ --
Consumers nowadays are shifting to more convenient ways to pay for products and services, and this include the use of credit cards. However, rapid advancements in technology pose security threats, thus influencing spending trends. Today, Stock-Callers.com shifts investors' focus on four Credit Services equities: Capital One Financial Corp. (NYSE: COF), CIT Group Inc. (NYSE: CIT), Equifax Inc. (NYSE: EFX), and Fifth Street Finance Corp. (NASDAQ: FSC). You can access of our complimentary research reports on these stocks now at:
http://stock-callers.com/registration
Capital One Financial
At the close on Monday, shares in McLean, Virginia headquartered Capital One Financial Corp. saw a slight decline of 0.07%, ending the day at $67.03. The stock recorded a trading volume of 3.42 million shares. The Company's shares have advanced 5.54% in the last one month and are trading below their 50-day moving average by 0.53%. Moreover, shares of Capital One Financial, which operates as the bank holding company for the Capital One Bank, National Association; and Capital One, National Association, which provide various financial products and services in the U.S., the U.K., and Canada, have a Relative Strength Index (RSI) of 48.41.
On July 08th, 2016, research firm DA Davidson upgraded the Company's stock rating from 'Neutral' to 'Buy', issuing a target price of $76 per share.
On July 28th, 2016, Capital One Financial announced a quarterly dividend of $0.40 per share payable on August 18th, 2016 to stockholders of record as of August 8th, 2016. The company has announced dividends on its common stock every quarter since it became an independent company on February 28th, 1995. Visit us today and download your complete report on COF for free at:
http://stock-callers.com/registration/?symbol=COF
CIT Group
Shares in Livingston, New Jersey headquartered CIT Group Inc. ended the day 1.22% lower at $34.14 and with a total volume of 1.52 million shares traded. In the last month, the stock has gained 6.99%. The Company's shares are trading above their 50-day moving average by 3.77%. Furthermore, shares of CIT Group, which operates as the holding company for CIT Bank, National Association that provides banking and related services to commercial and individual customers, have an RSI of 52.79.
On July 12th, 2016, CIT Group announced that CIT Real Estate Finance provided a $40.2 million senior secured credit facility to BKM Capital Partners, a real estate investment firm specializing in commercial and industrial real estate. The financing will support the acquisition of Tempe Commerce Park, a 535,979 square foot office and industrial warehouse distribution property located in Tempe, AZ. The complimentary research report on CIT can be accessed at:
http://stock-callers.com/registration/?symbol=CIT
Equifax
On Monday, shares in Atlanta, Georgia headquartered Equifax Inc. finished 0.39% lower at $131.94. A total volume of 692,719 shares was traded, which was above their three months average volume of 688,890 shares. The stock has advanced 2.76% in the last one month, 9.14% over the previous three months, and 19.16% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 3.17% and 16.03%, respectively. Additionally, shares of Equifax, which provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers, have an RSI of 49.82.
On July 27th, 2016, Equifax reported revenue of $811.3 million in Q2 FY16, a 20% increase from Q2 FY15 on a reported basis. The company reported that diluted EPS attributable to Equifax was $1.08 for Q2 FY16, up 17% from Q2 FY15. Adjusted EPS attributable to Equifax was $1.43, up 24% from Q2 FY15. Net income attributable to Equifax was $130.9 million in Q2 FY16, up 18% compared to Q2 FY15.
On July 29th, 2016, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price to $143 a share from $131 a share. Register for free on Stock-Callers.com and download the PDF research report on EFX at:
http://stock-callers.com/registration/?symbol=EFX
Fifth Street Finance
Fifth Street Finance Corp.'s shares recorded a trading volume of 705,021 shares at the end of yesterday's session, which was above their three months average volume of 606,070 shares. The stock closed the day at $5.61, gaining 0.18%. The Company's shares have advanced 16.96% in the last one month and 8.37% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 11.19% and 8.80%, respectively. Additionally, shares of Fifth Street Finance have an RSI at 75.43.
On July 13th, 2016, Fifth Street Finance announced that it plans to report earnings for the quarter ended June 30th, 2016, before the markets open in New York on August 9th, 2016. The company will hold a conference call at 10:00 a.m. (Eastern Time) on the same day to discuss its quarterly financial. Get free access to your research report on FSC at:
http://stock-callers.com/registration/?symbol=FSC
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article