Equitable Holdings Inc. (NYSE:EQH) saw a downside of -0.28% to close Monday at $31.58 after subtracting -$0.09 on the day. The 5-day average trading volume is 1,781,480 shares of the company’s common stock. It has gained $32.28 in the past week. An average of 2,703,915 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,783,610.
EQH’s 1-month performance is 6.65% or $1.97 on its low of $27.53 reached on 09/20/21. The company’s shares have touched a 52-week low of $18.44 and high of $35.46, with the stock’s rally to the 52-week high happening on 05/06/21. YTD, EQH has achieved 23.41% or $5.99. However, the current price is down -10.94%% from the 52-week high price.
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On Oct 01, 11 days have gone by since the last insider trading activity for Equitable Holdings Inc. (EQH). Pearson Mark (President and CEO) most recently sold 15,000 shares at $30.02 per share on Oct 01. This transaction cost the insider $450,322. Senior EVP & COO, HURD JEFFREY J, sold 15,000 shares at a price of $30.02 on Oct 01. Then, on Sep 01, President and CEO Pearson Mark sold 15,000 shares at a price of $30.89 per share. This transaction amounted to $463,323.
Equitable Holdings Inc. (EQH) has a trailing price-to-earnings (P/E) ratio of 13.00 for the broader industry and 12.78 for the sector. The company’s PE ratio for the last five years has touched a high of 34.09 and a low of 1.355. EQH stock has a beta of 1.64. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.83 while the price-to-book (PB) in the most recent quarter is 1.32.
Equitable Holdings Inc. pays an annual dividend of $0.72 per share. Its dividend yield is 2.28%. EQH’s most recent quarterly dividend payment was made on Aug. 20, when it paid $0.18 a share compared with prior rate of $0.18, down 0.0% from last year’s. The company has boosted its dividend for the last 1 consecutive years with the latest dividend increase of $0.01 reported on Thursday May 20 2021.
It is projected that Equitable Holdings Inc.’s next ex-dividend date will be on 22-Nov. EQH is expected to distribute $0.18 as its next dividend.
As well, the company’s long term debt to equity for the quarter ending June 29 was 0.48, while the total debt to equity was 1.27. In terms of profitability, the gross margin trailing 12 months is 59.10%. while for the period ending June 29; Equitable Holdings Inc.’s operating margin was 29.60%.
For the quarterly period ending June 29 this year, Net income grew 185.76% to $2.95 billion, while revenue of $1.15 billion was 60.92% off the previous quarter. Analysts expected EQH to announce $1.36 per share in earnings in its latest quarter, but it posted $1.71, representing a 25.70% surprise. EQH stock balance sheet for the quarter ending June 29 shows that, with total debt at $4.67 billion
Let’s look briefly at Equitable Holdings Inc. (EQH) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 68.22% to suggest the stock is trending Neutral, with historical volatility in this time period at 20.72%.
The stock’s 5-day moving average is $31.13, reflecting a +5.44% or $1.63 change from its current price. EQH is currently trading +5.27% above its 20-day SMA, -5.98% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +2.30% and +24.48% respectively.
Stochastic %K and %D was 89.19% and 91.11% and the average true range (ATR) pointed at 0.85. The RSI (14) points at 61.74%, while the 14-day stochastic is at 83.11% with the period’s ATR at 0.85. The stock’s 9-day MACD Oscillator is pointing at 0.81 and 1.19 on the 14-day charts.
In the most recent analyst report for Equitable Holdings Inc. (NYSE: EQH), UBS launched coverage with a Buy rating. Analysts offering their rating for EQH stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate EQH as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 8 have offered a “buy” rating.
What is EQH’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $34.00 and a high of $51.00, with their median price target at $43.50. Looking at these predictions, the average price target given by analysts is for Equitable Holdings Inc. (EQH) stock is $42.80.