Market Resilience: Equitable Holdings Inc (EQH) Finishes Weak at 39.03, Down -0.03

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Equitable Holdings Inc (NYSE: EQH) closed the day trading at $39.03 down -0.03% from the previous closing price of $39.04. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 2.8 million shares were traded. EQH stock price reached its highest trading level at $39.119 during the session, while it also had its lowest trading level at $38.0.

Ratios:

For a better understanding of EQH, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 2.33 whereas as Long-Term Debt/Eq ratio is at 2.33.

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 this company, Barclays on September 05, 2024, initiated with a Overweight rating and assigned the stock a target price of $59.

On June 18, 2024, UBS Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $40 to $43.

JP Morgan Downgraded its Overweight to Neutral on January 03, 2024, whereas the target price for the stock was revised from $35 to $36.

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 Aug 29 ’24 when Pearson Mark sold 30,000 shares for $42.20 per share. The transaction valued at 1,265,972 led to the insider holds 678,555 shares of the business.

MARK PEARSON bought 30,000 shares of EQH for $1,256,100 on Aug 29 ’24. On Jul 15 ’24, another insider, HURD JEFFREY J, who serves as the Chief Operating Officer of the company, sold 9,969 shares for $43.09 each. As a result, the insider received 429,589 and left with 111,552 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 12483393536 and an Enterprise Value of 10740190208. As of this moment, Equitable’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.27, and their Forward P/E ratio for the next fiscal year is 5.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.92 while its Price-to-Book (P/B) ratio in mrq is 153.07. Its current Enterprise Value per Revenue stands at 0.932 whereas that against EBITDA is 4.11.

Stock Price History:

Over the past 52 weeks, EQH has reached a high of $44.50, while it has fallen to a 52-week low of $24.65. The 50-Day Moving Average of the stock is -4.65%, while the 200-Day Moving Average is calculated to be 5.09%.

Shares Statistics:

Over the past 3-months, EQH traded about 2.33M shares per day on average, while over the past 10 days, EQH traded about 2168070 shares per day. A total of 333.88M shares are outstanding, with a floating share count of 318.25M. Insiders hold about 0.47% of the company’s shares, while institutions hold 99.39% stake in the company. Shares short for EQH as of 1723680000 were 4805554 with a Short Ratio of 2.06, compared to 1721001600 on 5771591. Therefore, it implies a Short% of Shares Outstanding of 4805554 and a Short% of Float of 1.72.

Dividends & Splits

EQH’s forward annual dividend rate is 0.92, up from 0.92 a year ago. Against a Trailing Annual Dividend Yield of 0.023565574The stock’s 5-year Average Dividend Yield is 2.61.

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