Equitable Holdings Inc. [EQH] is -10.59% lower this YTD. Is it still time to buy?

Equitable Holdings Inc. [NYSE: EQH] jumped around 0.58 points on Tuesday, while shares priced at $25.66 at the close of the session, up 2.31%. The company report on February 28, 2023 that Equitable Enhances Market Leading Buffered Annuity Suite.

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Equitable Holdings Inc. stock is now -10.59% down from its year-to-date (YTD) trading value. EQH Stock saw the intraday high of $26.64 and lowest of $25.41 per share. The company’s 52-week high price is 33.24, which means current price is +4.27% above from all time high which was touched on 02/16/23.

Compared to the average trading volume of 2.35M shares, EQH reached a trading volume of 4819293 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about 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 $38.85 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 2.10. 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.

Raymond James have made an estimate for Equitable Holdings Inc. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on February 08, 2023. While these analysts kept the previous recommendation, Jefferies dropped their target price from $36 to $34. The new note on the price target was released on December 09, 2022, representing the official price target for Equitable Holdings Inc. stock. Previously, the target price had yet another drop from $34 to $33, while RBC Capital Mkts kept a Sector Perform rating on EQH stock.

The Average True Range (ATR) for Equitable Holdings Inc. is set at 1.08, with the Price to Sales ratio for EQH stock in the period of the last 12 months amounting to 0.77. The Price to Book ratio for the last quarter was 98.69, with the Price to Cash per share for the same quarter was set at 11.27.

How has EQH stock performed recently?

Equitable Holdings Inc. [EQH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -17.39. With this latest performance, EQH shares dropped by -19.31% in over the last four-week period, additionally sinking by -17.25% over the last 6 months – not to mention a drop of -14.24% 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 23.56, with the RSI for the last a single of trading hit 18.42, and the three-weeks RSI is set at 28.80 for Equitable Holdings Inc. [EQH]. The present Moving Average for the last 50 days of trading for this stock 30.84, while it was recorded at 27.42 for the last single week of trading, and 29.33 for the last 200 days.

Equitable Holdings Inc. [EQH]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Equitable Holdings Inc. [EQH] shares currently have an operating margin of +19.45. Equitable Holdings Inc.’s Net Margin is presently recorded at +12.73.

Return on Equity for this stock inclined to 27.09, with Return on Assets sitting at 0.65.

Earnings analysis for Equitable Holdings Inc. [EQH]

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 8.16%.

Insider trade positions for Equitable Holdings Inc. [EQH]

There are presently around $9,262 million, in the hands of institutional investors. The top three institutional holders of EQH stocks are: VANGUARD GROUP INC with ownership of 37,781,024, which is approximately 0.123% of the company’s market cap and around 0.20% of the total institutional ownership; PRICE T ROWE ASSOCIATES INC /MD/, holding 32,669,066 shares of the stock with an approximate value of $838.29 million in EQH stocks shares; and BLACKROCK INC., currently with $826.8 million in EQH stock with ownership of nearly 5.92% of the company’s market capitalization.

Positions in Equitable Holdings Inc. stocks held by institutional investors increased at the end of Wednesday and at the time of the Wednesday reporting period, where 229 institutional holders increased their position in Equitable Holdings Inc. [NYSE:EQH] by around 20,143,135 shares. Additionally, 183 investors decreased positions by around 29,202,365 shares, while 55 investors held positions by with 311,622,581 shares. The mentioned changes placed institutional holdings at 360,968,081 shares, according to the latest SEC report filing. EQH stock had 80 new institutional investments in for a total of 7,970,362 shares, while 46 institutional investors sold positions of 3,445,490 shares during the same period.


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