Equitable Holdings Inc [EQH] stock Initiated by Barclays analyst, price target now $59

WGO

Equitable Holdings Inc [NYSE: EQH] price plunged by -0.56 percent to reach at -$0.27.

The one-year EQH stock forecast points to a potential upside of 9.75. The average equity rating for EQH stock is currently 2.07, trading closer to a bullish pattern in the stock market.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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 $52.80 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 2.07. 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 1.30, with the Price to Sales ratio for EQH stock in the period of the last 12 months amounting to 1.23. The Price to Book ratio for the last quarter was 9.07. Price to Free Cash Flow for EQH in the course of the last twelve months was 22.25.

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 -1.39. With this latest performance, EQH shares gained by 6.91% in over the last four-week period, additionally plugging by 18.41% over the last 6 months – not to mention a rise of 71.34% 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 57.24, with the RSI for the last a single of trading hit 55.07, and the three-weeks RSI is set at 58.27 for Equitable Holdings Inc [EQH]. The present Moving Average for the last 50 days of trading for this stock 43.81, while it was recorded at 48.13 for the last single week of trading, and 39.85 for the last 200 days.

Insight into Equitable Holdings Inc Fundamentals:

Equitable Holdings Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 5.45.

EQH Stock EPS

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] Institutonal Ownership Details

There are presently around $102.05%, or 102.54%% 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%.