Equitable Holdings Inc [EQH] gain 33.84% so far this year. What now?

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Equitable Holdings Inc [NYSE: EQH] traded at a high on Wednesday, posting a 1.07 gain after which it closed the day’ session at $44.57.

The results of the trading session contributed to over 3103636 shares changing hands. Over the past one week, the price volatility of Equitable Holdings Inc stands at 1.58% while the volatility over the past one month is 1.64%.

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The market cap for EQH stock reached $14.13 billion, with 333.88 million shares outstanding and 315.42 million shares in the current float. Compared to the average trading volume of 2.11M shares, EQH reached a trading volume of 3103636 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 $49.27 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.

Barclays have made an estimate for Equitable Holdings Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on September 05, 2024. While these analysts kept the previous recommendation, UBS raised their target price from $40 to $43. The new note on the price target was released on June 18, 2024, representing the official price target for Equitable Holdings Inc stock. Previously, the target price had yet another raise from $35 to $36, while JP Morgan kept a Neutral rating on EQH stock. On December 11, 2023, analysts increased their price target for EQH shares from 28 to 37.

The Average True Range (ATR) for Equitable Holdings Inc is set at 0.80, with the Price to Sales ratio for EQH stock in the period of the last 12 months amounting to 1.04. The Price to Book ratio for the last quarter was 174.80. Price to Free Cash Flow for EQH in the course of the last twelve months was 28.59.

How has EQH stock performed recently?

Equitable Holdings Inc [EQH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.65. With this latest performance, EQH shares gained by 7.74% in over the last four-week period, additionally plugging by 25.06% over the last 6 months – not to mention a rise of 58.33% 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 73.15, with the RSI for the last a single of trading hit 81.72, and the three-weeks RSI is set at 67.04 for Equitable Holdings Inc [EQH]. The present Moving Average for the last 50 days of trading for this stock 41.23, while it was recorded at 43.93 for the last single week of trading, and 38.42 for the last 200 days.

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

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

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 19.00%.

Insider trade positions for Equitable Holdings Inc [EQH]

There are presently around $98.25%, or 98.72%% 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%.

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