What is an Equity Analyst?
An equity analyst is a person who analyzes financial data and trends for a company. An equity or financial analyst studies public records of businesses in order to predict the company’s future financial needs. The analyst writes reports on company finances and describes the business’s investment potential by assigning financial ratings, such as buy, sell, hold, etc. The equity analyst is also responsible for analyzing the budget and creating a plan to get out of debt, if the company is in such a financial situation. Daily tasks of a financial analyst are varied, from studying and researching to writing and drafting paperwork and making presentations. In the past, the analyst got most of the company’s financial information from meetings with the managers, but because of new fair disclosure laws, the data must be obtained by the analyst through public records, annual reports and information made available on the internet. Additionally, public conference calls are a means to obtain the da