Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for PJT Partners Inc (NYSE: PJT) weakened in recent days. PJT’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
PJT Partners Inc (NYSE: PJT) stock was unchanged 0.0% on 9/20/24. The shares closed at $135.39. Moreover, trading volume in this flat performance was exceptionally high at 249% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 12.7% during the last week.
Current PriceTarget Research Rating
PJT’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
PJT Partners has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. PJT Partners has a slightly negative Appreciation Score of 34 but a very high Power Rating of 91, and the High Neutral Value Trend Rating results.
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