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Equitable Group Inc is currently in a long term uptrend where the price is trading 19.1% above its 200 day moving average.
From a valuation standpoint, the stock is 86.1% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 3.8.
Equitable Group Inc's total revenue rose by 13.2% to $152M since the same quarter in the previous year.
Its net income has increased by 27.9% to $71M since the same quarter in the previous year.
Finally, its free cash flow fell by 319.3% to $-561M since the same quarter in the previous year.
Based on the above factors, Equitable Group Inc gets an overall score of 4/5.
Sector | Financial Services |
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Industry | Banks - Regional |
Exchange | TO |
CurrencyCode | CAD |
ISIN | CA26886R1047 |
Market Cap | 4B |
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Dividend Yield | 2.1% |
PE Ratio | 8.88 |
Target Price | 121.4546 |
Beta | 1.46 |
EQB Inc., through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates, high interest savings accounts, institutional deposit notes and covered bonds, as well as specialized financing solutions. It also offers single family residential mortgage, residential mortgages, reverse mortgages, and home equity line of credit, as well as insurance loans. In addition, the company provides business enterprise solutions, commercial finance group, multi-unit insured, specialized finance, equipment financing, credit union services, and concentra trust services. Further, it offers digital banking services. The company was formerly known as Equitable Group Inc. and changed its name to EQB Inc. in June 2022. EQB Inc. was founded in 1970 and is headquartered in Toronto, Canada.
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