Market Recap Check: Equitable Holdings Inc (EQH)’s Positive Finish at 42.36, Up/Down 1.63

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of Equitable Holdings Inc (NYSE: EQH) closed at $42.36 in the last session, up 1.63% from day before closing price of $41.68. In other words, the price has increased by $1.63 from its previous closing price. On the day, 2.03 million shares were traded. EQH stock price reached its highest trading level at $42.7 during the session, while it also had its lowest trading level at $41.75.

Ratios:

We take a closer look at EQH’s different ratios to gain a better understanding of the stock. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 13777378304 and an Enterprise Value of 11757359104. As of this moment, Equitable’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.12, 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 29.53. Its current Enterprise Value per Revenue stands at 1.132 whereas that against EBITDA is 4.836.

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 3.33%, while the 200-Day Moving Average is calculated to be 21.23%.

Shares Statistics:

According to the various share statistics, EQH traded on average about 2.72M shares per day over the past 3-months and 1930110 shares per day over the past 10 days. A total of 333.88M shares are outstanding, with a floating share count of 323.72M. Insiders hold about 0.47% of the company’s shares, while institutions hold 102.73% stake in the company. Shares short for EQH as of 1721001600 were 5771591 with a Short Ratio of 2.12, compared to 1718323200 on 5373904. Therefore, it implies a Short% of Shares Outstanding of 5771591 and a Short% of Float of 2.0299999.

Dividends & Splits

The forward annual dividend rate for EQH is 0.90, which was 0.9 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.02159309The stock’s 5-year Average Dividend Yield is 2.62.

Most Popular