Balancing Equitable – Why Fundamentals Matter Beyond Technical Analysis

By Ken Smith • Wednesday, August 27 10:05 • Permanent Link

Equitable logged a -1.1% change during today's morning session, and is now trading at a price of $53.52 per share. The S&P 500 index moved 0.0%. EQH's trading volume is 180,842 compared to the stock's average volume of 2,677,036.

Equitable trades -18.54% away from its average analyst target price of $65.7 per share. The 10 analysts following the stock have set target prices ranging from $58.0 to $77.0, and on average have given Equitable a rating of buy.

Anyone interested in buying EQH should be aware of the facts below:

Equitable's current price is 167.6% above its Graham number of $20.0, which implies that at its current valuation it does not offer a margin of safety
Equitable has moved 29.2% over the last year, and the S&P 500 logged a change of 15.6%
Based on its trailing earnings per share of 1.29, Equitable has a trailing 12 month Price to Earnings (P/E) ratio of 41.5 while the S&P 500 average is 29.3
EQH has a forward P/E ratio of 7.4 based on its forward 12 month price to earnings (EPS) of $7.23 per share
Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services company worldwide.
Based in New York, the company has 8,000 full time employees and a market cap of $16.03 Billion. Equitable currently returns an annual dividend yield of 1.9%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.