The price-to-earnings ratio for Equitable Holdings Inc (NYSE: EQH) is 15.44x, which is above its average ratio. Moreover, the 36-month beta value for EQH is 1.43. Analysts have varying 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 318.26M and currently, short sellers hold a 1.81% of that float. On August 06, 2024, EQH’s average trading volume was 2.66M shares.
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EQH) stock’s latest price update
Equitable Holdings Inc (NYSE: EQH)’s stock price has gone decline by -5.44 in comparison to its previous close of 39.18, however, the company has experienced a -13.64% decrease in its stock price over the last five trading days. zacks.com reported 2024-07-30 that The headline numbers for Equitable Holdings (EQH) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
EQH’s Market Performance
Equitable Holdings Inc (EQH) has experienced a -13.64% fall in stock performance for the past week, with a -8.34% drop in the past month, and a -3.87% drop in the past quarter. The volatility ratio for the week is 4.01%, and the volatility levels for the past 30 days are at 2.28% for EQH. The simple moving average for the past 20 days is -11.99% for EQH’s stock, with a 4.51% simple moving average for the past 200 days.
Analysts’ Opinion of EQH
Many brokerage firms have already submitted their reports for EQH stocks, with UBS repeating the rating for EQH by listing it as a “Neutral.” The predicted price for EQH in the upcoming period, according to UBS is $43 based on the research report published on June 18, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see EQH reach a price target of $36, previously predicting the price at $35. The rating they have provided for EQH stocks is “Neutral” according to the report published on January 03rd, 2024.
Jefferies gave a rating of “Buy” to EQH, setting the target price at $37 in the report published on December 11th of the previous year.
EQH Trading at -10.20% 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 -16.74% of loss for the given period.
Volatility was left at 2.28%, however, over the last 30 days, the volatility rate increased by 4.01%, as shares sank -8.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.86% lower at present.
During the last 5 trading sessions, EQH fell by -13.64%, which changed the moving average for the period of 200-days by +29.91% in comparison to the 20-day moving average, which settled at $41.93. In addition, Equitable Holdings Inc saw 11.26% 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 HURD JEFFREY J, who sale 9,969 shares at the price of $43.09 back on Jul 15 ’24. After this action, HURD JEFFREY J now owns 111,552 shares of Equitable Holdings Inc, valued at $429,589 using the latest closing price.
HURD JEFFREY J, the Chief Operating Officer of Equitable Holdings Inc, sale 9,969 shares at $39.62 during a trade that took place back on Jun 14 ’24, which means that HURD JEFFREY J is holding 121,521 shares at $394,992 based on the most recent closing price.
Stock Fundamentals for EQH
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.61 for the gross margin
The net margin for Equitable Holdings Inc stands at 0.08. The total capital return value is set at 0.0. Equity return is now at value 34.94, with 0.34 for asset returns.
Based on Equitable Holdings Inc (EQH), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 2.33. The interest coverage ratio of the stock is 5.56.
Currently, EBITDA for the company is 1.73 billion with net debt to EBITDA at -4.37. When we switch over and look at the enterprise to sales, we see a ratio of 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.93.
Conclusion
To wrap up, the performance of Equitable Holdings Inc (EQH) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
