For its third fiscal quarter (ending September 30), PJT Partners Inc (NYSE: PJT) has reported a 26% increase in E.P.S. from $0.69 a year ago to $0.87 in the current quarter. E.P.S. were $4.24 for the latest four quarters through September 30 versus $3.23 for the same period a year ago — an increase of 31%.
Recent Price Action
On 10/29/24, PJT Partners Inc (NYSE: PJT) stock declined modestly by -1.7%, closing at $138.67. Moreover, this decline was accompanied by unusually high trading volume at 197% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -5.7% 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 B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. PJT Partners has a slightly negative Appreciation Score of 35 but a very high Power Rating of 98, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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