With 2.13 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.66 million shares. The 52-week range on EQH shows that it touched its highest point at $56.00 and its lowest point at $32.96 during that stretch. It currently has a 1-year price target of $60.00. With its current market cap of 16.91 billion, EQH has annualized dividend of $0.94 while the current yield stands at 1.74%. Beta for the stock currently stands at 1.39.
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 0.58%, but this was up by 2.14% over a month. Three-month performance surged to 13.74% while six-month performance rose 31.55%. The stock gained 57.73% in the past year, while it has gained 14.39% so far this year. A look at the trailing 12-month EPS for EQH yields 3.82 with Next year EPS estimates of 8.28. For the next quarter, that number is 1.65. This implies an EPS growth rate of 20.98% for this year and 15.40% for next year.
Float and Shares Shorts:
At present, 313.34 million EQH shares are outstanding with a float of 311.85 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $6.03683 being high and $5.97677 being low. For EQH, this leads to a yearly average estimate of $6.0068. Based on analyst estimates, the high estimate for the next quarter is $1.82 and the low estimate is $1.68. The average estimate for the next quarter is thus $1.74.
