It makes sense and dollars to buy Equitable Holdings Inc (EQH) stock

With 3.08 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.45 million shares. During the session, the Insurance – Diversified company that operates in wider Financial sector, reached to the highest price of $52.025 whereas the lowest price it dropped to was $51.045. The 52-week range on EQH shows that it touched its highest point at $52.04 and its lowest point at $31.76 during that stretch. It currently has a 1-year price target of $56.50. With its current market cap of 16.15 billion, EQH has annualized dividend of $0.94 while the current yield stands at 1.82%. EQH paid its most recent dividend on 1732579200, while the ex-dividend date for that was 1732579200. Beta for the stock currently stands at 1.38.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EQH was up-trending over the past week, with a rise of 5.16%, but this was up by 8.57% over a month. Three-month performance surged to 16.87% while six-month performance rose 21.84%. The stock gained 59.37% in the past year, while it has gained 9.26% so far this year. A look at the trailing 12-month EPS for EQH yields -1.08 with Next year EPS estimates of 7.26. For the next quarter, that number is 1.63. This implies an EPS growth rate of 31.04% for this year and 20.65% for next year.

Float and Shares Shorts:

At present, 315.47 million EQH shares are outstanding with a float of 311.90 million shares on hand for trading. On 2024-12-31, short shares totaled 4.24 million, which was 135.0 higher than short shares on 1732838400. In addition to Mr. Mark Pearson as the firm’s President, CEO & Director, Mr. Robin Matthew Raju serves as its Senior EVP & CFO.

Institutional Ownership:

Through their ownership of 0.99243 of EQH’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EQH since 6 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With EQH analysts setting a high price target of 61.0 and a low target of 49.0, the average target price over the next 12 months is 56.5. Based on these targets, EQH could surge 18.35% to reach the target high and fall by -4.93% to reach the target low. Reaching the average price target will result in a growth of 9.62% from current levels.

Analysts have provided yearly estimates in a range of $6.13419 being high and $5.94498 being low. For EQH, this leads to a yearly average estimate of $6.01469. Based on analyst estimates, the high estimate for the next quarter is $1.74 and the low estimate is $1.63. The average estimate for the next quarter is thus $1.68.