Equitable Holdings Inc [EQH] stock Upgrade by Keefe Bruyette analyst, price target now $58

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Equitable Holdings Inc [NYSE: EQH] plunged by -$0.13 during the normal trading session on while it closed the day at $47.05.

Equitable Holdings Inc stock has also loss -1.42% of its value over the past 7 days. However, EQH stock has inclined by 17.27% in the 3 months of the year. Over the past six months meanwhile, it has gained 16.72% and gained 41.29% year-on date.

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The market cap for EQH stock reached $14.74 billion, with 315.47 million shares outstanding and 311.86 million shares in the current float. Compared to the average trading volume of 2.33M shares, EQH reached a trading volume of 1918885 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 $54.40 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 1.85. 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.

Keefe Bruyette have made an estimate for Equitable Holdings Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 09, 2024. While these analysts kept the previous recommendation, Barclays raised their target price to Overweight. The new note on the price target was released on September 05, 2024, representing the official price target for Equitable Holdings Inc stock. Previously, the target price had yet another raise from $40 to $43, while UBS kept a Neutral rating on EQH stock. On January 03, 2024, analysts increased their price target for EQH shares from 35 to 36.

The Average True Range (ATR) for Equitable Holdings Inc is set at 1.07, with the Price to Sales ratio for EQH stock in the period of the last 12 months amounting to 1.21. The Price to Book ratio for the last quarter was 8.95. Price to Free Cash Flow for EQH in the course of the last twelve months was 21.97.

EQH stock trade performance evaluation

Equitable Holdings Inc [EQH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.42. With this latest performance, EQH shares dropped by -3.09% in over the last four-week period, additionally plugging by 16.72% over the last 6 months – not to mention a rise of 43.40% 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 50.16, with the RSI for the last a single of trading hit 47.24, and the three-weeks RSI is set at 52.32 for Equitable Holdings Inc [EQH]. The present Moving Average for the last 50 days of trading for this stock 46.21, while it was recorded at 46.92 for the last single week of trading, and 41.15 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 5.45.

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

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 $98.05%, or 98.52%% 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%.