Equitable Holdings Inc (NYSE: EQH) is 5.79% higher on its value in year-to-date trading and has touched a low of $31.76 and a high of $50.51 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EQH stock was last observed hovering at around $49.02 in the last trading session, with the day’s gains setting it 0.88%.
Currently trading at $49.90, the stock is 4.83% and 5.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.86 million and changing 1.80% at the moment leaves the stock 17.72% off its SMA200. EQH registered 52.23% gain for a year compared to 6-month gain of 16.29%. The firm has a 50-day simple moving average (SMA 50) of $47.3716 and a 200-day simple moving average (SMA200) of $42.3297.
The stock witnessed a 5.77% loss in the last 1 month and extending the period to 3 months gives it a 13.64%, and is 0.99% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.49% over the week and 2.44% over the month.
Equitable Holdings Inc (EQH) has around 8500 employees, a market worth around $15.64B and $12.18B in sales. Fwd P/E is 6.88. Profit margin for the company is -3.04%. Distance from 52-week low is 57.12% and -1.21% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.25%).
with sales reaching $4.01B over the same period.The EPS is expected to grow by 31.04% this year, but quarterly earnings will post 46.95% year-over-year. Quarterly sales are estimated to grow 84.72% in year-over-year returns.
Equitable Holdings Inc (EQH) Top Institutional Holders
749.0 institutions hold shares in Equitable Holdings Inc (EQH), with institutional investors hold 99.48% of the company’s shares. The shares outstanding are 315.47M, and float is at 311.90M with Short Float at 1.36%. Institutions hold 99.02% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 36.36 million shares valued at $1.49 billion. The investor’s holdings represent 11.0114% of the EQH Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 26.33 million shares valued at $1.08 billion to account for 7.9728 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 21.08 million shares representing 6.3827% and valued at over $861.15 million, while CANADA PENSION PLAN INVESTMENT BOARD holds 5.649 of the shares totaling 18.65 million with a market value of $762.16 million.
Equitable Holdings Inc (EQH) Insider Activity
#####
Equitable Holdings Inc disclosed in a document filed with the SEC on Dec 23 ’24 that Eckert William James IV (Chief Accounting Officer) sold a total of 1,700 shares of the company’s common stock. The trade occurred on Dec 23 ’24 and was made at $46.68 per share for $79356.0. Following the transaction, the insider now directly holds 17677.0 shares of the EQH stock.
Still, SEC filings show that on Dec 18 ’24, Lane Nick () disposed off 25,000 shares at an average price of $45.84 for $1.15 million. The insider now directly holds 141,629 shares of Equitable Holdings Inc (EQH).
