AXA Equitable (NYSE:EQH) Earns Coverage Optimism Score of -3.89

News articles about AXA Equitable (NYSE:EQH) have trended very negative on Thursday, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than 6,000 news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. AXA Equitable earned a media sentiment score of -3.89 on their scale. InfoTrie also gave news stories about the company an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock’s share price in the near term.

These are some of the media stories that may have impacted AXA Equitable’s score:

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of AXA Equitable from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 15th. Wells Fargo & Co reissued a “hold” rating and issued a $20.00 price target on shares of AXA Equitable in a report on Thursday, February 28th. Barclays increased their price target on shares of AXA Equitable from $18.00 to $20.00 and gave the stock an “equal weight” rating in a report on Monday, April 1st. Credit Suisse Group lowered their target price on shares of AXA Equitable from $24.00 to $23.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 3rd. Finally, Citigroup raised their target price on shares of AXA Equitable from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Thursday, April 11th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $23.50.

Shares of EQH opened at $21.23 on Thursday. The company has a market capitalization of $10.25 billion and a P/E ratio of 5.46. AXA Equitable has a 1-year low of $14.72 and a 1-year high of $23.21.

AXA Equitable (NYSE:EQH) last announced its earnings results on Thursday, May 9th. The company reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.05. The company had revenue of $1.71 billion during the quarter, compared to analysts’ expectations of $3.15 billion. As a group, equities analysts anticipate that AXA Equitable will post 4.14 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 11th. Shareholders of record on Monday, June 3rd were given a dividend of $0.15 per share. This is a boost from AXA Equitable’s previous quarterly dividend of $0.13. This represents a $0.60 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date was Friday, May 31st. AXA Equitable’s dividend payout ratio (DPR) is presently 15.42%.

In other AXA Equitable news, major shareholder Axa sold 46,000,000 shares of the stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of $19.99, for a total transaction of $919,540,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.16% of the stock is owned by company insiders.

COPYRIGHT VIOLATION WARNING: “AXA Equitable (NYSE:EQH) Earns Coverage Optimism Score of -3.89” was originally posted by Markets Daily and is the property of of Markets Daily. If you are reading this article on another domain, it was illegally copied and republished in violation of United States and international copyright law. The legal version of this article can be accessed at https://www.themarketsdaily.com/2019/06/13/axa-equitable-nyseeqh-earns-coverage-optimism-score-of-3-89.html.

AXA Equitable Company Profile

AXA Equitable Holdings, Inc operates as a diversified financial services company worldwide. It 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.

Further Reading: How is diluted EPS different from basic EPS?

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AXA Equitable (NYSE:EQH) Earns Coverage Optimism Score of -3.89

News articles about AXA Equitable (NYSE:EQH) have trended very negative on Thursday, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than 6,000 news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. AXA Equitable earned a media sentiment score of -3.89 on their scale. InfoTrie also gave news stories about the company an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock’s share price in the near term.

These are some of the media stories that may have impacted AXA Equitable’s score:

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of AXA Equitable from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 15th. Wells Fargo & Co reissued a “hold” rating and issued a $20.00 price target on shares of AXA Equitable in a report on Thursday, February 28th. Barclays increased their price target on shares of AXA Equitable from $18.00 to $20.00 and gave the stock an “equal weight” rating in a report on Monday, April 1st. Credit Suisse Group lowered their target price on shares of AXA Equitable from $24.00 to $23.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 3rd. Finally, Citigroup raised their target price on shares of AXA Equitable from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Thursday, April 11th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $23.50.

Shares of EQH opened at $21.23 on Thursday. The company has a market capitalization of $10.25 billion and a P/E ratio of 5.46. AXA Equitable has a 1-year low of $14.72 and a 1-year high of $23.21.

AXA Equitable (NYSE:EQH) last announced its earnings results on Thursday, May 9th. The company reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.05. The company had revenue of $1.71 billion during the quarter, compared to analysts’ expectations of $3.15 billion. As a group, equities analysts anticipate that AXA Equitable will post 4.14 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 11th. Shareholders of record on Monday, June 3rd were given a dividend of $0.15 per share. This is a boost from AXA Equitable’s previous quarterly dividend of $0.13. This represents a $0.60 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date was Friday, May 31st. AXA Equitable’s dividend payout ratio (DPR) is presently 15.42%.

In other AXA Equitable news, major shareholder Axa sold 46,000,000 shares of the stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of $19.99, for a total transaction of $919,540,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.16% of the stock is owned by company insiders.

COPYRIGHT VIOLATION WARNING: “AXA Equitable (NYSE:EQH) Earns Coverage Optimism Score of -3.89” was originally posted by Markets Daily and is the property of of Markets Daily. If you are reading this article on another domain, it was illegally copied and republished in violation of United States and international copyright law. The legal version of this article can be accessed at https://www.themarketsdaily.com/2019/06/13/axa-equitable-nyseeqh-earns-coverage-optimism-score-of-3-89.html.

AXA Equitable Company Profile

AXA Equitable Holdings, Inc operates as a diversified financial services company worldwide. It 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.

Further Reading: How is diluted EPS different from basic EPS?

Receive News & Ratings for AXA Equitable Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AXA Equitable and related companies with MarketBeat.com's FREE daily email newsletter.