Equitable Holdings Inc. [EQH] Stock trading around $17.64 per share: What’s Next?

Equitable Holdings Inc. [NYSE: EQH] price plunged by -7.60 percent to reach at -$1.45.

A sum of 4524755 shares traded at recent session while its average daily volume was at 2.81M shares. Equitable Holdings Inc. shares reached a high of $18.72 and dropped to a low of $17.47 until finishing in the latest session at $17.64.

The one-year EQH stock forecast points to a potential upside of 33.76. The average equity rating for EQH stock is currently 2.00, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Equitable Holdings Inc. [EQH]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EQH shares is $26.63 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EQH stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

RBC Capital Mkts have made an estimate for Equitable Holdings Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on September 02, 2020. While these analysts kept the previous recommendation, Citigroup dropped their target price from $18 to $17. The new note on the price target was released on April 17, 2020, representing the official price target for Equitable Holdings Inc. stock. Previously, the target price had yet another drop from $27 to $22, while Credit Suisse kept a Outperform rating on EQH stock. On March 20, 2020, analysts decreased their price target for EQH shares from 27 to 20.

The Average True Range (ATR) for Equitable Holdings Inc. is set at 0.73, with the Price to Sales ratio for EQH stock in the period of the last 12 months amounting to 0.59. The Price to Book ratio for the last quarter was 0.47, with the Price to Cash per share for the same quarter was set at 18.60.

EQH Stock Performance Analysis:

Equitable Holdings Inc. [EQH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.13. With this latest performance, EQH shares dropped by -15.31% in over the last four-week period, additionally plugging by 69.29% over the last 6 months – not to mention a drop of -22.02% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EQH stock in for the last two-week period is set at 26.38, with the RSI for the last a single of trading hit 19.88, and the three-weeks RSI is set at 33.13 for Equitable Holdings Inc. [EQH]. The present Moving Average for the last 50 days of trading for this stock 20.55, while it was recorded at 18.78 for the last single week of trading, and 20.42 for the last 200 days.

Insight into Equitable Holdings Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Equitable Holdings Inc. [EQH] shares currently have an operating margin of -13.35. Equitable Holdings Inc.’s Net Margin is presently recorded at -12.75.

Return on Total Capital for EQH is now -8.71, given the latest momentum, and Return on Invested Capital for the company is -9.47. Return on Equity for this stock declined to -12.65, with Return on Assets sitting at -0.74. When it comes to the capital structure of this company, Equitable Holdings Inc. [EQH] has a Total Debt to Total Equity ratio set at 36.90. Additionally, EQH Total Debt to Total Capital is recorded at 26.95, with Total Debt to Total Assets ending up at 2.00. Long-Term Debt to Equity for the company is recorded at 37.52, with the Long-Term Debt to Total Capital now at 25.84.

Reflecting on the efficiency of the workforce at the company, Equitable Holdings Inc. [EQH] managed to generate an average of -$219,367 per employee.

EQH Stock EPS

With the latest financial reports released by the company, Equitable Holdings Inc. posted 1.38/share EPS, while the average EPS was predicted by analysts to be reported at 1.06/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 30.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EQH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Equitable Holdings Inc. go to 5.70%.

Equitable Holdings Inc. [EQH] Insider Position Details

There are presently around $7,453 million, or 96.30% of EQH stock, in the hands of institutional investors. The top three institutional holders of EQH stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 50,224,141, which is approximately 19.159% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 44,326,045 shares of the stock with an approximate value of $781.91 million in EQH stocks shares; and BLACKROCK INC., currently with $652.24 million in EQH stock with ownership of nearly -12.433% of the company’s market capitalization.

Positions in Equitable Holdings Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 183 institutional holders increased their position in Equitable Holdings Inc. [NYSE:EQH] by around 42,909,054 shares. Additionally, 146 investors decreased positions by around 40,561,660 shares, while 22 investors held positions by with 339,031,904 shares. The mentioned changes placed institutional holdings at 422,502,618 shares, according to the latest SEC report filing. EQH stock had 70 new institutional investments in for a total of 10,034,555 shares, while 38 institutional investors sold positions of 5,798,294 shares during the same period.

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