Equifax Inc. (EFX - Free Report) announced yesterday that it has completed the acquisition of cloud-based I-9 software and immigration case management software provider, LawLogix, for an undisclosed amount. The acquisition was previously announced on Jul 21.
LawLogix provides two cloud-based software as a service (SaaS) solutions, Guardian and Edge. Guardian aids employers with their Form I-9 and E-Verify requirements and provides I-9 workflow. Edge provides comprehensive immigration case management software to businesses, immigration law firms and non-profit organizations.
Strengthening Workforce Solutions
LawLogix has joined Workforce Solutions, Equifax's largest and fastest-growing business, and expands the company's portfolio of employer and HR-focused solutions that assist companies in managing their hiring and employment requirements. Addition of LawLogix positions Equifax to deliver a comprehensive set of services suitable for employers in a rapidly changing employment and regulatory environment.
"Equifax has expanded well beyond a traditional credit bureau and the acquisition of LawLogix marks the sixth acquisition in support of the continued growth and expansion of the Equifax Workforce Solutions business unit since the beginning of 2021,” said Mark W. Begor, CEO of Equifax.
Equifax’s shares have declined 32.1% in the past year compared with a 27.8% fall in the industry it belongs to.
Zacks Rank and Stocks to Consider
Equifax currently carries a Zacks Rank #4 (Sell).
Investors interested in the broader Zacks Business Services sector can consider stocks like Avis Budget Group, Inc. (CAR - Free Report) , Genpact Limited (G - Free Report) and CRA International, Inc. (CRAI - Free Report) .
Avis Budget sports a Zacks Rank #1 (Strong Buy) at present. CAR has an earnings growth rate of 108.4% for 2022. You can see the complete list of today’s Zacks #1 Rank stocks here.
Avis Budget delivered a trailing four-quarter earnings surprise of 69.5%, on average.
Genpact carries a Zacks Rank #2 (Buy) at present. G has a long-term earnings growth expectation of 12.3%.
Genpact delivered a trailing four-quarter earnings surprise of 10.1%, on average.
CRA International flaunts a Zacks Rank of 1, currently. CRAI has a long-term earnings growth expectation of 14.3%.
CRAI delivered a trailing four-quarter earnings surprise of 26%, on average.
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Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in? If not, we have the perfect report for you – and it’s FREE! Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation.
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Equifax Inc. (EFX - Free Report) announced yesterday that it has completed the acquisition of cloud-based I-9 software and immigration case management software provider, LawLogix, for an undisclosed amount. The acquisition was previously announced on Jul 21.
LawLogix provides two cloud-based software as a service (SaaS) solutions, Guardian and Edge. Guardian aids employers with their Form I-9 and E-Verify requirements and provides I-9 workflow. Edge provides comprehensive immigration case management software to businesses, immigration law firms and non-profit organizations.
Strengthening Workforce Solutions
LawLogix has joined Workforce Solutions, Equifax's largest and fastest-growing business, and expands the company's portfolio of employer and HR-focused solutions that assist companies in managing their hiring and employment requirements. Addition of LawLogix positions Equifax to deliver a comprehensive set of services suitable for employers in a rapidly changing employment and regulatory environment.
"Equifax has expanded well beyond a traditional credit bureau and the acquisition of LawLogix marks the sixth acquisition in support of the continued growth and expansion of the Equifax Workforce Solutions business unit since the beginning of 2021,” said Mark W. Begor, CEO of Equifax.
Equifax’s shares have declined 32.1% in the past year compared with a 27.8% fall in the industry it belongs to.
Zacks Rank and Stocks to Consider
Equifax currently carries a Zacks Rank #4 (Sell).
Investors interested in the broader Zacks Business Services sector can consider stocks like Avis Budget Group, Inc. (CAR - Free Report) , Genpact Limited (G - Free Report) and CRA International, Inc. (CRAI - Free Report) .
Avis Budget sports a Zacks Rank #1 (Strong Buy) at present. CAR has an earnings growth rate of 108.4% for 2022. You can see the complete list of today’s Zacks #1 Rank stocks here.
Avis Budget delivered a trailing four-quarter earnings surprise of 69.5%, on average.
Genpact carries a Zacks Rank #2 (Buy) at present. G has a long-term earnings growth expectation of 12.3%.
Genpact delivered a trailing four-quarter earnings surprise of 10.1%, on average.
CRA International flaunts a Zacks Rank of 1, currently. CRAI has a long-term earnings growth expectation of 14.3%.
CRAI delivered a trailing four-quarter earnings surprise of 26%, on average.
Free Report Reveals How You Could Profit from the Growing Electric Vehicle Industry
Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in? If not, we have the perfect report for you – and it’s FREE! Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation.
>>Send me my free report on the top 5 EV stocks<<
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