Equitable Holdings Inc. (EQH): Here Are Some Research Recommendations

Equitable Holdings Inc. (NYSE:EQH) trading with an addition of $0.77 to $31.83 on Friday, an upside of 2.48 percent. An average of 1,495,928 shares of common stock have been traded in the last five days. There was a gain of $1.69 in the past week. The last 20 days have seen an average of 2,702,737 shares traded, while the 50-day average volume stands at 2,775,553.

EQH stock has increased by 1.64% in the last month. The company shares reached their 1-month lowest point of $27.53 on 09/20/21. With the stock rallying to its 52-week high on 05/06/21, shares of the company touched a low of $18.44 and a high of $35.46 in 52 weeks. In spite of this, the price is down -10.24% from the 52-week high.


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Insider Transactions

7 days have passed since Equitable Holdings Inc. (EQH) last reported insider trading activity. Pearson Mark, who is President and CEO, most recently acquired $15,000 shares at $30.02 per share on Oct 01. In this transaction, the insider spent $450,322. Senior EVP & COO, HURD JEFFREY J, disposed of 15,000 shares at a price of $30.02 on Oct 01. The insider now owns more than $450,316 worth of shares. Prior to that, President and CEO Pearson Mark went on to Sale 15,000 shares at $30.89 each on Sep 01. An amount of $463,323 was transacted.

Valuation Metrics

Equitable Holdings Inc. (EQH) has a trailing price-to-earnings (P/E) ratio of 13.00 for the broader industry and 12.92 for the sector. This means investors are optimistic about the stock’s future prospects. In the last five years, Equitable Holdings Inc.’s PE ratio has ranged between 34.09 and 1.355. The stock’s beta is 1.64. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.82, the price-to-book (PB) ratio at 1.30.

Equitable Holdings Inc. pays a $0.72 dividend per share annually. It offers a dividend yield of 2.26%. The company’s most recent quarterly dividend payment took place on Aug. 20, and it was $0.18 a share, without any change from last year. Its dividend has been increased for the last 3 consecutive years with the latest increase dividend $0.01 reported on Thursday May 20 2021.

Equitable Holdings Inc. will next go ex-dividend on 22-Nov. The next dividend payment Equitable Holdings Inc. will make is expected to be $0.18.

Further, the company has a long term debt to equity ratio of 0.48 and a total debt to equity ratio of 1.27 for the quarter ending June 29.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Equitable Holdings Inc.’s return on assets was -1.30%, compared to 0.2% over the last five years. Meanwhile, the return on equity (ROE) for the past 12 months has been -27.80% and the 5-year average holds at 2.7%. For the broader industry, ROE averaged 11.41 over the past year.

Earnings Surprise

The company posted a net income of $2.95 billion in the quarter, while revenues of $1.15 billion were grew 185.76%. The analyst consensus anticipated Equitable Holdings Inc.’s latest quarter earnings to come in at $1.36 per share, but it turned out to be $1.71, a 25.70% surprise. At the end of the quarter ending June 29, Equitable Holdings Inc.’s stock balance sheet showed total debt was $4.67 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Equitable Holdings Inc. (EQH) price momentum. RSI 9-day as of the close on 07 October was 71.72%, suggesting the stock is Overbought, with historical volatility in this time frame at 23.08%.

As of today, EQH’s price is $30.85 +5.58% or $1.69 from its 5-day moving average. EQH is currently trading +7.75% higher than its 20-day SMA and -5.16% lower than its 100-day SMA. However, the stock’s current price level is +3.45% above the SMA50 and +28.44% above the SMA200.

The stochastic %K and %D were 94.66% and 90.32%, respectively, and the average true range (ATR) was 0.86. With the 14-day stochastic at 99.88% and the average true range at 0.86, the RSI (14) stands at 64.12%. The stock has reached 0.72 on the 9-day MACD Oscillator while the 14-day reading was at 1.22.

Analyst Ratings

UBS launched coverage on Equitable Holdings Inc. (NYSE: EQH) in its analyst report released on April 21, 2021. The firm assigned the stock a a Buy rating.The consensus rating for Equitable Holdings Inc. (EQH) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell EQH, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 8 others rate it as a “buy”.

What is EQH’s price target for the next 12 months?

Analysts predict a range of price targets between $34.00 and $51.00, with a median target of $43.50. Taking a look at these predictions, the average price target given by analysts for Equitable Holdings Inc. (EQH) stock is $42.80.

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