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Axa Equitable Holdings Inc Stock Research

EQH

25.03USD+0.32(+1.30%)Delayedas of 31 Mar 2023, 01:52 pm

Market Summary

USD25.03+0.32
Delayedas of 31 Mar 2023, 01:52 pm
1.30%

EQH Alerts

EQH Stock Price

EQH RSI Chart

EQH Valuation

Market Cap

9.0B

Price/Earnings (Trailing)

5.05

Price/Sales (Trailing)

0.64

EV/EBITDA

1.74

Price/Free Cashflow

-10.6

EQH Price/Sales (Trailing)

EQH Profitability

EBT Margin

18.01%

Return on Equity

107.66%

Return on Assets

0.7%

Free Cashflow Yield

-9.44%

EQH Fundamentals

EQH Revenue

Revenue (TTM)

14.0B

Revenue Y/Y

-42.86%

Revenue Q/Q

-36.99%

EQH Earnings

Earnings (TTM)

1.8B

Earnings Y/Y

-410.63%

Earnings Q/Q

-389.01%

Price Action

52 Week Range

22.5933.24
(Low)(High)

Last 7 days

1.3%

Last 30 days

-21.4%

Last 90 days

-13.9%

Trailing 12 Months

-20.5%

EQH Financial Health

EQH Investor Care

Dividend Yield

3.16%

Dividend/Share (TTM)

0.78

Buy Backs (1Y)

6.70%

Diluted EPS (TTM)

4.49

Peers (Alternatives to Axa Equitable Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
120.7B
43.0B
-6.66% -13.52%
16.06
2.81
24.07% -6.77%
107.6B
39.7B
-8.02% -1.66%
9.55
2.71
-24.93% -47.95%
99.0B
20.8B
-32.66% -40.00%
13.78
4.77
12.11% 22.68%
99.0B
17.9B
-3.42% -12.49%
19.12
5.54
-7.75% -12.25%
MID-CAP
9.0B
14.0B
-21.39% -20.49%
5.05
0.64
27.01% 506.61%
7.6B
2.0B
-5.99% -6.93%
15.98
3.82
3.79% -13.01%
7.0B
7.1B
-18.02% -3.10%
8.96
0.98
-20.08% -53.40%
6.8B
5.9B
-5.75% 4.98%
13.38
1.15
40.00% -76.01%
5.3B
2.3B
-12.80% -4.83%
4.63
2.28
-3.43% 102.56%
SMALL-CAP
1.5B
662.1M
-13.60% -19.88%
-3.48
2.25
-10.79% -49.16%
1.3B
2.2B
-14.24% -20.47%
35.27
0.58
17.50% -68.24%
818.1M
8.0B
18.63% -8.99%
5.33
0.1
-1.70% -17.31%
17.2M
122.7M
-24.08% -58.00%
2.7
0.14
0.22% 186.47%
9.7M
6.2M
-43.24% -75.30%
-0.86
1.57
270.63% -213.35%

Financials for Axa Equitable Holdings

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-9.2%14,01715,43916,04513,82711,036
EBITDA-33.8%2,7264,1194,6382,643-
EBITDA Margin-27.1%0.19*0.27*0.45*0.19*-
Earnings Before Taxes-35.4%2,5253,9114,4222,426-169
EBT Margin-28.9%0.18*0.25*0.43*0.18*-
Interest Expenses-3.4%201208216217244
Net Income-36.9%1,7852,8283,2271,622-439
Net Income Margin-30.5%0.13*0.18*0.31*0.12*-
Free Cahsflow25.8%-851-1,147-985-1,472-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets3.2%253,468245,600253,482277,658292,262
    Cash Equivalents3.4%4,2814,1395,1095,7135,188
Liabilities3.8%249,615240,413246,135267,789278,699
.    Short Term Borrowings725.0%75992.00---
    LT Debt, Non Current-13.5%3,3223,839---
Shareholder's Equity-50.6%1,6583,3546,9999,48311,519
  Retained Earnings-8.4%9,92410,83910,7189,3128,880
  Additional Paid-In Capital13.4%2,2992,0271,9181,9331,919
Shares Outstanding-1.4%365370377384391
Minority Interest17.6%1,7401,4791,4101,5291,576
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations25.8%-851-1,147-985-1,472-756
  Share Based Compensation-274----
Cashflow From Investing-21.0%-7,487-6,186-6,146-9,109-12,689
Cashflow From Financing19.7%7,6466,3886,6269,51212,511
  Dividend Payments0.7%294292291292296
  Buy Backs13.7%8497477477471,637

Risks for EQH

What is the probability of a big loss on EQH?

58.9%


Probability that Axa Equitable Holdings stock will be more than 20% underwater in next one year

35.3%


Probability that Axa Equitable Holdings stock will be more than 30% underwater in next one year.

19.4%


Probability that Axa Equitable Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does EQH drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Axa Equitable Holdings was unfortunately bought at previous high price.

Drawdowns

Returns for EQH

Cumulative Returns on EQH

19.7%


3-Year Cumulative Returns

Which funds bought or sold EQH recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
MetLife Investment Management, LLC
reduced
-1.01
15,847
218,637
-%
2023-03-17
American Portfolios Advisors
added
26.28
10,308
47,627
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
62.65
2,812,560
6,457,560
0.01%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-0.02
76,000
932,000
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
unchanged
-
396
5,396
-%
2023-02-28
Voya Investment Management LLC
reduced
-50.18
-23,835,600
28,281,400
0.04%
2023-02-22
CVA Family Office, LLC
sold off
-100
-2,000
-
-%
2023-02-21
MACQUARIE GROUP LTD
added
3.48
299,280
2,657,280
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
reduced
-39.23
-7,383
13,617
-%
2023-02-16
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main
new
-
182,647
182,647
-%

1–10 of 48

Latest Funds Activity

Are funds buying EQH calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own EQH
No. of Funds

Axa Equitable Holdings News

Business Wire

Equitable Enhances Market Leading Buffered Annuity Suite.

Business Wire,
31 days ago

Business Wire

Business Wire

Business Wire

Schedule 13G FIlings of Axa Equitable Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
norges bank
5.21%
19,287,784
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
8.8%
32,669,066
SC 13G/A
Feb 09, 2023
vanguard group inc
10.21%
37,781,024
SC 13G/A
Feb 06, 2023
wellington management group llp
5.14%
19,011,235
SC 13G
Jan 27, 2023
blackrock inc.
8.7%
32,220,514
SC 13G/A
Jan 25, 2023
pzena investment management llc
6.1%
22,605,769
SC 13G/A
Mar 09, 2022
vanguard group inc
10.63%
41,426,056
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
11.1%
45,033,655
SC 13G/A
Feb 09, 2022
norges bank
5.83%
23,617,693
SC 13G/A
Feb 03, 2022
blackrock inc.
8.2%
33,207,445
SC 13G/A

EQH Fair Value

Axa Equitable Holdings fair value in different scenarios

The table shows the Fair Value estimates for Axa Equitable Holdings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

-

-

-

-

4.67

-81.34%

37.92

51.53%

63.23

152.67%
Current Inflation

-

-

-

-

13.26

-47.01%

26.74

6.85%

48.06

92.05%
Very High Inflation

-

-

-

-

0.08

-99.68%

13.69

-45.29%

30.51

21.92%

Historical Axa Equitable Holdings Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Axa Equitable Holdings

View All Filings
Date Filed Form Type Document
Mar 24, 2023
4
Insider Trading
Mar 22, 2023
4
Insider Trading
Mar 15, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading

Latest Insider Trading transactions for EQH

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-24
Matus Kristi Ann
sold
-450,372
23.339
-19,297
-
2023-03-22
Eckert William James IV
sold
-205,584
25.3807
-8,100
chief accounting officer
2023-03-15
Raju Robin M
bought
49,836
23.7768
2,096
chief financial officer
2023-03-06
Lane Nick
acquired
-
-
522
(see remarks)
2023-03-06
Raju Robin M
acquired
-
-
381
chief financial officer
2023-03-06
Eckert William James IV
acquired
-
-
92.86
chief accounting officer
2023-03-06
Gonzalez Jose Ramon
acquired
-
-
434
chief legal officer
2023-03-06
BERNSTEIN SETH P
acquired
-
-
193
see remarks
2023-03-06
HURD JEFFREY J
acquired
-
-
458
chief operating officer
2023-03-06
Pearson Mark
acquired
-
-
2,123
president and ceo

1–10 of 50

Mark Pearson
7800
Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through four segments: Individual Retirement, Group Retirement, Investment Management and Research, and Protection Solutions. The Individual Retirement segment offers a suite of variable annuity products primarily to affluent and high net worth individuals. The Group Retirement segment provides tax-deferred investment and retirement services or products to plans sponsored by educational entities, municipalities, and not-for-profit entities, as well as small and medium-sized businesses. The Investment Management and Research segment offers diversified investment management, research, and related solutions to various clients through institutional, retail, and private wealth management channels; and distributes its institutional research products and solutions. The Protection Solutions segment provides various variable universal life, indexed universal life, and term life products to help affluent and high net worth individuals, as well as small and medium-sized business owners; and a suite of life, short- and long-term disability, dental, and vision insurance products to small and medium-size businesses. The company was formerly known as AXA Equitable Holdings, Inc. and changed its name to Equitable Holdings, Inc. in January 2020. Equitable Holdings, Inc. was founded in 1859 and is based in New York, New York.

EQH Income Statement

2022-12-31
Consolidated Statements of Income (Loss) - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
REVENUES   
Policy charges and fee income$ 3,241$ 3,637$ 3,735
Premiums994960997
Net derivative gains (losses)1,696(4,465)(1,722)
Net investment income (loss)3,3153,8463,477
Investment gains (losses), net:   
Credit and intent to sell losses on available for sale debt securities and loans(314)2(58)
Other investment gains (losses), net(631)866802
Total investment gains (losses), net(945)868744
Investment management and service fees4,8915,3954,608
Other income825795576
Total revenues14,01711,03612,415
BENEFITS AND OTHER DEDUCTIONS   
Policyholders’ benefits3,3853,2185,326
Interest credited to policyholders’ account balances1,4091,2191,222
Compensation and benefits2,1992,3602,096
Commissions and distribution-related payments1,5671,6621,351
Interest expense201244200
Amortization of deferred policy acquisition costs5423931,613
Other operating costs and expenses2,1892,1091,700
Total benefits and other deductions11,49211,20513,508
Income (loss) from continuing operations, before income taxes2,525(169)(1,093)
Income tax (expense) benefit(499)145744
Net income (loss)2,026(24)(349)
Less: Net income (loss) attributable to the noncontrolling interest241415299
Net income (loss) attributable to Holdings1,785(439)(648)
Less: Preferred stock dividends807953
Net income (loss) available to Holdings’ common shareholders1,705(518)(701)
Net income (loss) available to Holdings’ common shareholders$ 1,705$ (518)$ (701)
Net income (loss) applicable to Holdings’ common shareholders per common share:   
Basic (in dollars per share)$ 4.52$ (1.24)$ (1.56)
Diluted (in dollars per share)$ 4.49$ (1.24)$ (1.56)
Weighted average common shares outstanding (in millions):   
Basic (in shares)377.6417.4450.4
Diluted (in shares)379.9417.4450.4

EQH Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Investments:  
Fixed maturities available-for-sale, at fair value (amortized cost of $72,991 and $73,429) (allowance for credit losses of $24 and $22)$ 63,361$ 78,216
Fixed maturities, at fair value using the fair value option[1]1,5081,641
Mortgage loans on real estate (net of allowance for credit losses of $53 and $62)[1]16,48114,033
Policy loans4,0334,024
Other equity investments[1]3,1522,975
Trading securities, at fair value677631
Other invested assets[1]3,8853,591
Total investments93,097105,111
Cash and cash equivalents[1]4,2815,188
Cash and securities segregated, at fair value1,5221,504
Broker-dealer related receivables2,3382,599
Deferred policy acquisition costs8,1585,491
Goodwill and other intangible assets, net5,4824,728
Amounts due from reinsurers (allowance for credit losses of $6 and $5) (includes amounts accounted for at fair value of $4,681 and $5,813)[2]17,20114,679
GMIB reinsurance contract asset, at fair value1,2291,848
Current and deferred income taxes714195
Other assets[1]4,0313,613
Assets held-for-sale5620
Separate Accounts assets114,853147,306
Total Assets253,468292,262
LIABILITIES  
Policyholders’ account balances83,85579,357
Future policy benefits and other policyholders' liabilities34,12436,717
Broker-dealer related payables7151,283
Customer related payables3,3233,600
Amounts due to reinsurers1,5331,381
Short-term debt75992
Long-term debt3,3223,839
Notes issued by consolidated variable interest entities, at fair value using the fair value option[1]1,1501,191
Other liabilities[1]5,8733,933
Liabilities held-for-sale1080
Separate Accounts liabilities114,853147,306
Total Liabilities249,615278,699
Redeemable noncontrolling interest[1],[3]455468
Commitments and contingent liabilities[4]
Equity attributable to Holdings:  
Preferred stock and additional paid-in capital, $1 par value and $25,000 liquidation preference1,5621,562
Common stock, $0.01 par value, 2,000,000,000 shares authorized; 508,418,442 and 520,918,331 shares issued, respectively; 365,081,940 and 391,290,224 shares outstanding, respectively44
Additional paid-in capital2,2991,919
Treasury stock, at cost, 143,336,502 and 129,628,107 shares, respectively(3,297)(2,850)
Retained earnings9,9248,880
Accumulated other comprehensive income (loss)(8,834)2,004
Total equity attributable to Holdings1,65811,519
Noncontrolling interest1,7401,576
Total Equity3,39813,095
Total Liabilities, Redeemable Noncontrolling Interest and Equity$ 253,468$ 292,262
[1]See Note 2 of the Notes to these Consolidated Financial Statements for details of balances with VIEs.
[2]Represents the fair value of the ceded reserves to Venerable. See Note 1 of the Notes to these Consolidated Financial Statements for details of the Venerable Transaction and Note 8 of the Notes to these Consolidated Financial Statements.
[3]See Note 22 of the Notes to these Consolidated Financial Statements for details of redeemable noncontrolling interest.(3) Represents the fair value of the ceded reserves to Venerable. See Note 1 of the Notes to these Consolidated Financial Statements for details of the Venerable Transaction and Note 8 of the Notes to these Consolidated Financial Statements.
[4]See Note 17 of the Notes to these Consolidated Financial Statements for details of commitments and contingent liabilities.