Equitable Holdings Inc. [EQH] is -13.94% lower this YTD. Is it still time to buy?

Equitable Holdings Inc. [NYSE: EQH] gained 2.15% or 0.52 points to close at $24.70 with a heavy trading volume of 3544700 shares. The company report on March 29, 2023 that Equitable Holdings Announces Investor Day on May 10, 2023.

Equitable Holdings, Inc. (the “Company”) (NYSE: EQH) announced today that it will hold its inaugural Investor Day on Wednesday, May 10, 2023. The event will be held at the New York Stock Exchange (NYSE) and will be broadcast during a live webcast via Equitable Holdings’ website at ir.equitableholdings.com. Members of the executive management team will deliver presentations on the Company’s strategic priorities and outlook, beginning at 1:00 pm ET, followed by a Q&A session.

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A registration page for the webcast can be found below. Once registered, attendees should access the webcast approximately 10 minutes prior to the start of the event. A replay will be available via ir.equitableholdings.com following its conclusion.

It opened the trading session at $24.56, the shares rose to $24.82 and dropped to $24.41, the range by which the price of stock traded the whole day. The daily chart for EQH points out that the company has recorded -9.42% loss over the past six months. However, it is still -9.39% lower than its most recent low trading price.

If we look at the average trading volume of 2.82M shares, EQH reached to a volume of 3544700 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $38.23 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 1.12, with the Price to Sales ratio for EQH stock in the period of the last 12 months amounting to 0.72. The Price to Book ratio for the last quarter was 95.00, with the Price to Cash per share for the same quarter was set at 11.63.

Trading performance analysis for EQH stock

Equitable Holdings Inc. [EQH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.96. With this latest performance, EQH shares dropped by -23.55% in over the last four-week period, additionally sinking by -9.42% over the last 6 months – not to mention a drop of -22.74% 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 39.20, with the RSI for the last a single of trading hit 42.74, and the three-weeks RSI is set at 38.69 for Equitable Holdings Inc. [EQH]. The present Moving Average for the last 50 days of trading for this stock 29.48, while it was recorded at 24.03 for the last single week of trading, and 29.03 for the last 200 days.

Equitable Holdings Inc. [EQH]: A deeper dive into fundamental analysis

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 Total Capital for EQH is now 20.33, given the latest momentum, and Return on Invested Capital for the company is 16.43. Return on Equity for this stock inclined to 27.09, with Return on Assets sitting at 0.65. When it comes to the capital structure of this company, Equitable Holdings Inc. [EQH] has a Total Debt to Total Equity ratio set at 283.41. Additionally, EQH Total Debt to Total Capital is recorded at 73.92, with Total Debt to Total Assets ending up at 1.85. Long-Term Debt to Equity for the company is recorded at 4,104.17, with the Long-Term Debt to Total Capital now at 61.98.

Reflecting on the efficiency of the workforce at the company, Equitable Holdings Inc. [EQH] managed to generate an average of $217,683 per employee.

Equitable Holdings Inc. [EQH]: An earnings per share (EPS) analysis

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%.

An analysis of insider ownership at Equitable Holdings Inc. [EQH]

There are presently around $8,728 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 $789.94 million in EQH stocks shares; and BLACKROCK INC., currently with $779.12 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 230 institutional holders increased their position in Equitable Holdings Inc. [NYSE:EQH] by around 20,143,511 shares. Additionally, 182 investors decreased positions by around 29,183,263 shares, while 55 investors held positions by with 311,643,114 shares. The mentioned changes placed institutional holdings at 360,969,888 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 45 institutional investors sold positions of 3,426,388 shares during the same period.

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