Equitable Hldgs EQH has been analyzed by 9 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 4 | 3 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 1 | 1 | 0 | 0 |
| 3M Ago | 1 | 3 | 1 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $43.67, a high estimate of $46.00, and a low estimate of $41.00. This upward trend is apparent, with the current average reflecting a 5.66% increase from the previous average price target of $41.33.
Investigating Analyst Ratings: An Elaborate Study
In examining recent analyst actions, we gain insights into how financial experts perceive Equitable Hldgs. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Brian Meredith | UBS | Raises | Neutral | $43.00 | $40.00 |
| Elyse Greenspan | Wells Fargo | Lowers | Overweight | $44.00 | $46.00 |
| Ryan Krueger | Keefe, Bruyette & Woods | Raises | Market Perform | $43.00 | $41.00 |
| Mark Hughes | Truist Securities | Raises | Buy | $44.00 | $40.00 |
| Nigel Dally | Morgan Stanley | Raises | Overweight | $41.00 | $39.00 |
| Elyse Greenspan | Wells Fargo | Raises | Overweight | $46.00 | $43.00 |
| Thomas Gallagher | Evercore ISI Group | Raises | Outperform | $46.00 | $42.00 |
| Ryan Krueger | Keefe, Bruyette & Woods | Raises | Market Perform | $41.00 | $39.00 |
| Suneet Kamath | Jefferies | Raises | Buy | $45.00 | $42.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Equitable Hldgs. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Equitable Hldgs compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Equitable Hldgs's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
For valuable insights into Equitable Hldgs's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Equitable Hldgs analyst ratings.
Unveiling the Story Behind Equitable Hldgs
Equitable Holdings Inc is a financial services company in the U.S. The company provides variable annuities, tax-deferred investment and retirement plans, employee benefits, and protection solutions for individuals, families, and small businesses. Its business segments include Individual Retirement, Group Retirement, Investment Management and Research, Protection Solutions, Wealth Management, and Legacy. The Individual Retirement segment offers annuity products, the Group Retirement segment provides tax-deferred investment and retirement services, the Investment Management and Research segment consists of diversified investment management, research, and related services, and the Protection Solutions segment focuses on life insurance products.
Breaking Down Equitable Hldgs's Financial Performance
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Decline in Revenue: Over the 3 months period, Equitable Hldgs faced challenges, resulting in a decline of approximately -5.39% in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.
Net Margin: Equitable Hldgs's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.48% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Equitable Hldgs's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 12.85%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Equitable Hldgs's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.04%, the company showcases efficient use of assets and strong financial health.
Debt Management: Equitable Hldgs's debt-to-equity ratio stands notably higher than the industry average, reaching 11.49. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
The Significance of Analyst Ratings Explained
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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