Stocks of PJT Partners Inc (NYSE:PJT) traded higher last session on Wall Street, down -0.10% to $175.80.
PJT stock price is now 8.10% away from the 50-day moving average and 30.90% away from the 200-day moving average. The market capitalization of the company currently stands at $4.17B.
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On December 06, 2024, UBS Upgraded its previous ‘Sell’ rating to ‘Neutral’ on the stock increasing its target price from $130 to quote $175, while ‘Keefe Bruyette’ rates the stock as ‘Mkt Perform’
In other news, Whitney Kenneth C, Director sold 1,725 shares of the company’s stock on Nov 12 ’24. The stock was sold for $275,569 at an average price of $159.75. Upon completion of the transaction, the Director now directly owns 9,100 shares in the company, valued at $1.6 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 07 ’24, Director Costos James sold 1,500 shares of the business’s stock. A total of $242,115 was realized by selling the stock at an average price of $161.41. This leaves the insider owning 9,360 shares of the company worth $1.65 million. A total of 7.43% of the company’s stock is owned by insiders.
During the past 12 months, PJT Partners Inc has had a low of $88.51 and a high of $190.27. According to the stock market information, the enterprise value for the company is $5092686848, which is based on a 35.80 price-to-earnings ratio, a 2.23 price-to-earnings-growth ratio, and a beta of 0.68. The fifty day moving average price for PJT is $162.6332 and a two-hundred day moving average price translates $134.29735 for the stock.
The latest earnings results from PJT Partners Inc (NYSE: PJT) was released for 2024-12-31. The net profit margin was 9.00% and return on equity was 61.35% for PJT. The company reported revenue of $326.32 million for the quarter, compared to $278.36 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 17.23 percent.
