In yesterday’s Wall Street session, Equitable Holdings Inc (NYSE:EQH) shares traded at $52.76, up 2.21% from the previous session.
EQH stock price is now 0.65% away from the 50-day moving average and 15.82% away from the 200-day moving average. The market capitalization of the company currently stands at $16.24B.
With the price target of $70, BMO Capital Markets recently initiated with Outperform rating for Equitable Holdings Inc (NYSE: EQH). On January 10, 2025, Deutsche Bank Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $47 to quote $58, while ‘Keefe Bruyette’ rates the stock as ‘Outperform’
In other news, HURD JEFFREY J, Chief Operating Officer sold 6,666 shares of the company’s stock on Mar 17 ’25. The stock was sold for $345,318 at an average price of $51.80. Upon completion of the transaction, the Chief Operating Officer now directly owns 108,312 shares in the company, valued at $5.71 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 14 ’25, President and CEO Pearson Mark sold 30,000 shares of the business’s stock. A total of $1,534,767 was realized by selling the stock at an average price of $51.16. This leaves the insider owning 753,206 shares of the company worth $39.74 million. A total of 0.53% of the company’s stock is owned by insiders.
During the past 12 months, Equitable Holdings Inc has had a low of $35.47 and a high of $56.00. According to the stock market information, the enterprise value for the company is $18316558336, which is based on a 13.80 price-to-earnings ratio, a 0.79 price-to-earnings-growth ratio, and a beta of 1.23. The fifty day moving average price for EQH is $52.4176 and a two-hundred day moving average price translates $45.5543 for the stock.
The latest earnings results from Equitable Holdings Inc (NYSE: EQH) was released for 2024-12-31. The net profit margin was 8.52% and return on equity was 61.74% for EQH. The company reported revenue of $3.62 billion for the quarter, compared to $2.17 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 66.87 percent.
