Equitable Holdings is a holding company. Through its subsidiaries, Co. is a financial services company. Co.'s segments are: Individual Retirement, which provides individual variable annuity products to individuals saving for retirement or seeking guaranteed retirement income; Group Retirement, which provides tax-deferred investment and retirement services or products to plans sponsored by educational entities, municipalities and not-for-profit entities, and small and medium-sized businesses; Investment Management and Research, which provides investment management, research and related services; and Protection Solutions, which includes its life insurance and employee benefits businesses. More details about Equitable Hldgs at:
http://www.axa.com.
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Should Equitable Hldgs shares be counted among the
Top 15 Good Cheap Growth Stocks To Buy? To start, we see that the recent trading price for EQH stock is $39.16 (as of 5/6/2024). The most recent quarter's (MRQ) earnings result, annualized, was $5.72/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, Equitable Hldgs produced $5.33/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $5.24/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 7.5 for the TTM Median method, 6.8 for price to earnings using MRQ annualized, and 7.3 for current price/TTM earnings. Based on EQH's history, that recent TTM PE is elevated relative to the historical average, with the recent PE 37.7% higher than the average (TTM method) of 5.3.