Equitable Holdings Inc (EQH) shares projected to rise by 6.41%

Equitable Holdings Inc [EQH] stock is trading at $37.59, down -0.66%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EQH shares have lost -1.00% over the last week, with a monthly amount glided 11.34%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Equitable Holdings Inc [NYSE: EQH] stock has seen the most recent analyst activity on January 03, 2024, when JP Morgan downgraded its rating to a Neutral and also boosted its price target to $36 from $35. Previously, Jefferies upgraded its rating to Buy on December 11, 2023, and elevated its price target to $37. On December 05, 2023, downgrade downgraded it’s rating to Mkt Perform but maintained its price target of $34 on the stock. Deutsche Bank started tracking the stock assigning a Hold rating and suggested a price target of $31 on October 05, 2023. Raymond James initiated its recommendation with a Mkt Perform. Jefferies downgraded its rating to Hold for this stock on December 09, 2022, and downed its price target to $34. In a note dated December 06, 2022, RBC Capital Mkts downgraded an Sector Perform rating on this stock and revised its target price from $34 to $33.

Equitable Holdings Inc [EQH] stock has fluctuated between $21.89 and $38.32 over the past year. Currently, Wall Street analysts expect the stock to reach $40 within the next 12 months. Equitable Holdings Inc [NYSE: EQH] shares were valued at $37.59 at the most recent close of the market. An investor can expect a potential return of 6.41% based on the average EQH price forecast.

Analyzing the EQH fundamentals

Equitable Holdings Inc [NYSE:EQH] reported sales of 12.34B for the trailing twelve months, which represents a growth of 16.30%. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.48 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.54.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 37.28 points at the first support level, and at 36.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.17, and for the 2nd resistance point, it is at 38.75.

Ratios To Look Out For

For context, Equitable Holdings Inc’s Current Ratio is 4.57. Considering the valuation of this stock, the price to sales ratio is 1.00, the price to book ratio is 11.55 and price to earnings (TTM) ratio is 11.13.

Transactions by insiders

Recent insider trading involved Pearson Mark, President and CEO, that happened on Apr 01 ’24 when 30000.0 shares were sold. Director, SCOTT BERTRAM L completed a deal on Mar 18 ’24 to sell 7000.0 shares. Meanwhile, Chief Operating Officer HURD JEFFREY J sold 9969.0 shares on Mar 15 ’24.

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