After A 2.47% Jump In The Last Week, Does Equitable Holdings Inc (NYSE: EQH) Still Make Sense To Buy?

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During the recent session, Equitable Holdings Inc (NYSE:EQH)’s traded shares were 0.92 million, with the beta value of the company hitting 1.39. At the last check today, the stock’s price was $37.14, reflecting an intraday loss of -2.45% or -$0.93. The 52-week high for the EQH share is $38.44, that puts it down -3.5 from that peak though still a striking 41.06% gain since the share price plummeted to a 52-week low of $21.89. The company’s market capitalization is $12.17B, and the average trade volume was 2.67 million shares over the past three months.

Equitable Holdings Inc (NYSE:EQH) trade information

Equitable Holdings Inc (EQH) registered a -2.45% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.45% in intraday trading to $37.14, hitting a weekly high. The stock’s 5-day price performance is 2.47%, and it has moved by -0.68% in 30 days. Based on these gigs, the overall price performance for the year is 47.31%.

Equitable Holdings Inc (EQH) estimates and forecasts

Statistics show that Equitable Holdings Inc has outperformed its competitors in share price, compared to the industry in which it operates. Equitable Holdings Inc (EQH) shares have gone up 36.93% during the last six months, with a year-to-date growth rate more than the industry average at 30.94% against 9.80. In the rating firms’ projections, revenue will increase 47.80% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 3.72B as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 3.8B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 2.36B and 2.96B respectively. In this case, analysts expect current quarter sales to grow by 57.80% and then jump by 28.50% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 1.22%. While earnings are projected to return 32.47% in 2024, the next five years will return 19.00% per annum.

EQH Dividends

Equitable Holdings Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Equitable Holdings Inc is 0.88, with the dividend yield indicating at 2.37 percent, continuing the trend of increasing dividends in recent years.

Equitable Holdings Inc (NYSE:EQH)’s Major holders