PJT Partners Inc (NYSE: PJT) has reported earnings for its second fiscal quarter (ending June 30) of $1.12 versus $0.88 for the same period a year ago. E.P.S. were $4.06 for the latest four quarters through June 30 versus $3.37 for the same period a year ago.
Recent Price Action
On 7/30/24, PJT Partners Inc (NYSE: PJT) stock enjoyed a large increase of 3.5%, closing at $130.17. Moreover, trading volume in this advance was exceptionally high at 249% of normal. Relative to the market the stock has been strong over the last nine months and has risen 10.0% 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 (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. PJT Partners has a poor Appreciation Score of 24 but a good Power Rating of 79, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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