As of close of business last night, Equitable Holdings Inc.’s stock clocked out at 29.05, down -0.72% from its previous closing price of $29.26. In other words, the price has decreased by $-0.21 from its previous closing price. On the day, 1598865 shares were traded. EQH reached its highest trading level at $29.91 during the session, while it also had its lowest trading level at $29.04.
To gain a deeper understanding of EQH’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 3.11 whereas as Long-Term Debt/Eq ratio is at 1.41.
Upgrades & Downgrades
On May 24, 2022, Citigroup started tracking the stock assigning a Buy rating and target price of $41.
On January 26, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $44.Jefferies initiated its Buy rating on January 26, 2022, with a $44 target price.
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 15 when Pearson Mark sold 30,000 shares for $30.02 per share. The transaction valued at 900,540 led to the insider holds 445,307 shares of the business.
SCOTT BERTRAM L sold 7,300 shares of EQH for $218,076 on Sep 08. The Director now owns 21,429 shares after completing the transaction at $29.87 per share. On Sep 02, another insider, Pearson Mark, who serves as the President and CEO of the company, sold 30,000 shares for $30.03 each. As a result, the insider received 900,843 and left with 455,307 shares of the company.
As of this moment, Equitable’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.61, and their Forward P/E ratio for the next fiscal year is 4.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 2.73.
Stock Price History:
Over the past 52 weeks, EQH has reached a high of $37.13, while it has fallen to a 52-week low of $24.61. The 50-Day Moving Average of the stock is 28.91, while the 200-Day Moving Average is calculated to be 30.44.
It appears that EQH traded 2.52M shares on average per day over the past three months and 2.53M shares per day over the past ten days. A total of 378.90M shares are outstanding, with a floating share count of 374.01M. Shares short for EQH as of Jul 14, 2022 were 5.42M with a Short Ratio of 1.91, compared to 7.16M on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.42% and a Short% of Float of 1.85%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.68, EQH has a forward annual dividend rate of 0.80. Against a Trailing Annual Dividend Yield of 2.32%, it implies a Forward Annual Dividend Yield of 2.89%.
As of right now, 13 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.26 for the current quarter, with a high estimate of $1.35 and a low estimate of $1.03, while EPS last year was $1.71. The consensus estimate for the next quarter is $1.28, with high estimates of $1.64 and low estimates of $0.77.
Analysts are recommending an EPS of between $5.99 and $4.63 for the fiscal current year, implying an average EPS of $5.35. EPS for the following year is $6.51, with 13 analysts recommending between $7.2 and $6.15.
In the current quarter, 6 analysts expect revenue to total $3.35B. It ranges from a high estimate of $3.44B to a low estimate of $3.26B. As of the current estimate, Equitable Holdings Inc.’s year-ago sales were $3.62B, an estimated decrease of -7.40% from the year-ago figure.
A total of 6 analysts have provided revenue estimates for EQH’s current fiscal year. The highest revenue estimate was $14.58B, while the lowest revenue estimate was $13.4B, resulting in an average revenue estimate of $13.7B. In the same quarter a year ago, actual revenue was $14.51B, down -5.60% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $13.97B in the next fiscal year. The high estimate is $15.31B and the low estimate is $12.82B. The average revenue growth estimate for next year is up 2.00% from the average revenue estimate for this year.