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After finishing at $43.19 in the prior trading day, Equitable Holdings Inc (NYSE: EQH) closed at $42.30, down -2.06%. In other words, the price has decreased by -$2.06 from its previous closing price. On the day, 2.64 million shares were traded. EQH stock price reached its highest trading level at $43.1 during the session, while it also had its lowest trading level at $42.26.
Ratios:
Our goal is to gain a better understanding of EQH by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.88 whereas as Long-Term Debt/Eq ratio is at 1.88.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on June 18, 2024, Downgraded its rating to Neutral and sets its target price to $43 from $40 previously.
On January 03, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also upped its target price recommendation from $35 to $36.
Jefferies Upgraded its Hold to Buy on December 11, 2023, whereas the target price for the stock was revised from $28 to $37.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 15 ’24 when HURD JEFFREY J sold 9,969 shares for $43.09 per share. The transaction valued at 429,589 led to the insider holds 111,552 shares of the business.
HURD JEFFREY J sold 9,969 shares of EQH for $394,992 on Jun 14 ’24. The Chief Operating Officer now owns 121,521 shares after completing the transaction at $39.62 per share. On May 15 ’24, another insider, HURD JEFFREY J, who serves as the Chief Operating Officer of the company, sold 9,969 shares for $40.42 each. As a result, the insider received 402,945 and left with 131,093 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EQH now has a Market Capitalization of 14047322112 and an Enterprise Value of 11737843712. As of this moment, Equitable’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.10, and their Forward P/E ratio for the next fiscal year is 5.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 29.49. Its current Enterprise Value per Revenue stands at 1.13 whereas that against EBITDA is 4.828.
Stock Price History:
Over the past 52 weeks, EQH has reached a high of $43.53, while it has fallen to a 52-week low of $24.65. The 50-Day Moving Average of the stock is 4.00%, while the 200-Day Moving Average is calculated to be 22.60%.
Shares Statistics:
The stock has traded on average 2.72M shares per day over the past 3-months and 2804653 shares per day over the last 10 days, according to various share statistics. A total of 333.88M shares are outstanding, with a floating share count of 323.71M. Insiders hold about 0.47% of the company’s shares, while institutions hold 100.15% stake in the company. Shares short for EQH as of 1719532800 were 5158974 with a Short Ratio of 1.90, compared to 1717113600 on 4258512. Therefore, it implies a Short% of Shares Outstanding of 5158974 and a Short% of Float of 1.8099998999999998.
Dividends & Splits
In the trailing 12 months, EQH’s forward annual dividend rate was 0.9, compared to 0.90 this year. Against a Trailing Annual Dividend Yield of 0.020838156The stock’s 5-year Average Dividend Yield is 2.62.
