Wall Street Analyst Downgrade Equitable Holdings Inc [EQH]. What else is Wall St. saying

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Equitable Holdings Inc [NYSE: EQH] closed the trading session at $40.52.

The stocks have a year to date performance of 21.68 percent and weekly performance of 1.35 percent. The stock has been moved at 17.48 percent over the last six months. The stock has performed -2.78 percent around the most recent 30 days and changed -0.32 percent over the most recent 3-months.

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If compared to the average trading volume of 2.54M shares, EQH reached to a volume of 1992217 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to 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 $46.65 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.

UBS have made an estimate for Equitable Holdings Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 18, 2024. While these analysts kept the previous recommendation, JP Morgan raised their target price from $35 to $36. The new note on the price target was released on January 03, 2024, representing the official price target for Equitable Holdings Inc stock. Previously, the target price had yet another raise from $28 to $37, while Jefferies kept a Buy rating on EQH stock.

The Average True Range (ATR) for Equitable Holdings Inc is set at 0.97, with the Price to Sales ratio for EQH stock in the period of the last 12 months amounting to 0.95. The Price to Book ratio for the last quarter was 158.91. Price to Free Cash Flow for EQH in the course of the last twelve months was 26.23.

EQH stock trade performance evaluation

Equitable Holdings Inc [EQH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.35. With this latest performance, EQH shares dropped by -2.78% in over the last four-week period, additionally plugging by 17.48% over the last 6 months – not to mention a rise of 49.80% 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 51.41, with the RSI for the last a single of trading hit 54.23, and the three-weeks RSI is set at 50.61 for Equitable Holdings Inc [EQH]. The present Moving Average for the last 50 days of trading for this stock 40.83, while it was recorded at 40.59 for the last single week of trading, and 36.31 for the last 200 days.

Equitable Holdings Inc [EQH]: An insightful look at the core fundamentals

Equitable Holdings Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 5.93.

Earnings per share (EPS) analysis for Equitable Holdings Inc [EQH] stock

With the latest financial reports released by the company, Equitable Holdings Inc posted 1.15/share EPS, while the average EPS was predicted by analysts to be reported at 1.33/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.18. 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 19.00%.

Equitable Holdings Inc [EQH]: Institutional Ownership

There are presently around $98.48%, or 98.95%% of EQH stock, in the hands of institutional investors. The top three institutional holders of EQH stocks are: VANGUARD GROUP INC with ownership of 36.36 million shares, which is approximately 11.0114%. BLACKROCK INC., holding 26.33 million shares of the stock with an approximate value of $$1.08 billion in EQH stocks shares; and BLACKROCK INC., currently with $$861.15 million in EQH stock with ownership which is approximately 6.3827%.