At the time of writing, Equitable Holdings Inc [EQH] stock is trading at $42.00, down -0.50%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EQH shares have gain 1.55% over the last week, with a monthly amount glided 0.29%, 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 September 05, 2024, when Barclays initiated its Overweight rating and assigned the stock a price target of $59. Previously, UBS downgraded its rating to Neutral on June 18, 2024, and elevated its price target to $43. On January 03, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $36 on the stock. Jefferies upgraded its rating to a Buy and increased its price target to $37 on December 11, 2023. Keefe Bruyette downgraded its rating to a Mkt Perform but $34 remained the price target by the analyst firm on December 05, 2023. Deutsche Bank started tracking with a Hold rating for this stock on October 05, 2023, and assigned it a price target of $31. In a note dated February 08, 2023, Raymond James initiated an Mkt Perform rating.
For the past year, the stock price of Equitable Holdings Inc fluctuated between $24.65 and $44.50. Currently, Wall Street analysts expect the stock to reach $44.43 within the next 12 months. Equitable Holdings Inc [NYSE: EQH] shares were valued at $42.00 at the most recent close of the market. An investor can expect a potential return of 5.79% based on the average EQH price forecast.
Analyzing the EQH fundamentals
According to Equitable Holdings Inc [NYSE:EQH], the company’s sales were 13.62B for trailing twelve months, which represents an 8.68% jump. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.46 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.42.
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 41.80 points at the first support level, and at 41.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.39, and for the 2nd resistance point, it is at 42.77.
Ratios To Look Out For
It is important to note that Equitable Holdings Inc [NYSE:EQH] has a current ratio of 5.93. Considering the valuation of this stock, the price to sales ratio is 0.98, the price to book ratio is 164.72 and price to earnings (TTM) ratio is 17.51.
Transactions by insiders
Recent insider trading involved Equitable Holdings, Inc., that happened on Sep 20 ’24 when 0.5 million shares were purchased. Chief Accounting Officer, Eckert William James IV completed a deal on Sep 19 ’24 to sell 3500.0 shares. Meanwhile, Officer WILLIAM J ECKERT IV bought 3500.0 shares on Sep 19 ’24.
