The price-to-earnings ratio for Equitable Holdings Inc (NYSE: EQH) is above average at 10.62x, Company’s 36-month beta value is 1.40.Analysts have differing opinions on the stock, with 6 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for EQH is 326.06M, and currently, short sellers hold a 1.30% ratio of that floaft. The average trading volume of EQH on April 16, 2024 was 2.63M shares.
EQH) stock’s latest price update
Equitable Holdings Inc (NYSE: EQH) has experienced a decline in its stock price by -1.78 compared to its previous closing price of 36.50. However, the company has seen a fall of -5.21% in its stock price over the last five trading days. Zacks Investment Research reported 2024-02-23 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
EQH’s Market Performance
EQH’s stock has fallen by -5.21% in the past week, with a monthly rise of 1.62% and a quarterly rise of 9.77%. The volatility ratio for the week is 2.52% while the volatility levels for the last 30 days are 1.89% for Equitable Holdings Inc The simple moving average for the last 20 days is -3.25% for EQH’s stock, with a simple moving average of 16.55% for the last 200 days.
Analysts’ Opinion of EQH
Many brokerage firms have already submitted their reports for EQH stocks, with JP Morgan repeating the rating for EQH by listing it as a “Neutral.” The predicted price for EQH in the upcoming period, according to JP Morgan is $36 based on the research report published on January 03, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see EQH reach a price target of $37, previously predicting the price at $28. The rating they have provided for EQH stocks is “Buy” according to the report published on December 11th, 2023.
Keefe Bruyette gave a rating of “Mkt Perform” to EQH, setting the target price at $34 in the report published on December 05th of the previous year.
EQH Trading at 1.97% from the 50-Day Moving Average
After a stumble in the market that brought EQH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.74% of loss for the given period.
Volatility was left at 1.89%, however, over the last 30 days, the volatility rate increased by 2.52%, as shares surge +1.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.68% upper at present.
During the last 5 trading sessions, EQH fell by -5.21%, which changed the moving average for the period of 200-days by +34.83% in comparison to the 20-day moving average, which settled at $37.09. In addition, Equitable Holdings Inc saw 7.66% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EQH starting from Pearson Mark, who sale 30,000 shares at the price of $37.66 back on Apr 01 ’24. After this action, Pearson Mark now owns 695,025 shares of Equitable Holdings Inc, valued at $1,129,903 using the latest closing price.
SCOTT BERTRAM L, the Director of Equitable Holdings Inc, sale 7,000 shares at $35.29 during a trade that took place back on Mar 18 ’24, which means that SCOTT BERTRAM L is holding 20,902 shares at $247,011 based on the most recent closing price.
Stock Fundamentals for EQH
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.6 for the gross margin
The net margin for Equitable Holdings Inc stands at 0.13. The total capital return value is set at 0.0. Equity return is now at value 60.46, with 0.50 for asset returns.
Based on Equitable Holdings Inc (EQH), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at -0.07. The debt to equity ratio resting at 1.54. The interest coverage ratio of the stock is 2.1.
Currently, EBITDA for the company is 1.73 billion with net debt to EBITDA at -11.42. When we switch over and look at the enterprise to sales, we see a ratio of 0.69. The receivables turnover for the company is 0.86for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.57.
Conclusion
In a nutshell, Equitable Holdings Inc (EQH) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
