PJT Partners Inc (NYSE: PJT) is 62.16% higher on its value in year-to-date trading and has touched a low of $85.87 and a high of $168.92 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PJT stock was last observed hovering at around $165.83 in the last trading session, with the day’s loss setting it -0.64%.
Currently trading at $165.19, the stock is 5.67% and 12.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing -0.39% at the moment leaves the stock 40.81% off its SMA200. PJT registered 92.15% gain for a year compared to 6-month gain of 54.92%. The firm has a 50-day simple moving average (SMA 50) of $145.5438 and a 200-day simple moving average (SMA200) of $116.97555.
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The stock witnessed a 19.12% loss in the last 1 month and extending the period to 3 months gives it a 34.29%, and is 5.99% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.41% over the week and 2.47% over the month.
PJT Partners Inc (PJT) has around 1012 employees, a market worth around $6.48B and $1.34B in sales. Current P/E ratio is 40.66 and Fwd P/E is 31.20. Profit margin for the company is 8.03%. Distance from 52-week low is 92.37% and -2.21% from its 52-week high. The company has generated returns on investments over the last 12 months (21.40%).
The EPS is expected to grow by 31.50% this year
437.0 institutions hold shares in PJT Partners Inc (PJT), with institutional investors hold 93.22% of the company’s shares. The shares outstanding are 24.19M, and float is at 21.95M with Short Float at 6.20%. Institutions hold 86.27% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.6 million shares valued at $388.6 million. The investor’s holdings represent 14.0173 of the PJT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.4 million shares valued at $259.03 million to account for 9.3438 of the shares outstanding. The other top investors are STATE STREET CORP which holds 0.95 million shares representing 3.6895 and valued at over $102.28 million, while CLEARBRIDGE INVESTMENTS, LLC holds 3.2173 of the shares totaling 0.83 million with a market value of $89.19 million.
PJT Partners Inc (PJT) Insider Activity
The most recent transaction is an insider sale by Whitney Kenneth C, the company’s Director. SEC filings show that Whitney Kenneth C sold 1,725 shares of the company’s common stock on Nov 12 ’24 at a price of $159.75 per share for a total of $0.28 million. Following the sale, the insider now owns 9100.0 shares.
PJT Partners Inc disclosed in a document filed with the SEC on Nov 07 ’24 that Costos James (Director) sold a total of 1,500 shares of the company’s common stock. The trade occurred on Nov 07 ’24 and was made at $161.41 per share for $0.24 million. Following the transaction, the insider now directly holds 9360.0 shares of the PJT stock.
Still, SEC filings show that on Nov 08 ’24, Travin David Adam (General Counsel) disposed off 1,541 shares at an average price of $159.18 for $0.25 million. The insider now directly holds 0 shares of PJT Partners Inc (PJT).
