Evercore Inc (NYSE: EVR) is 1.95% higher on its value in year-to-date trading and has touched a low of $167.04 and a high of $324.06 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 EVR stock was last observed hovering at around $279.34 in the last trading session, with the day’s gains setting it 3.26%.
Currently trading at $282.60, the stock is 2.78% and -2.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.22 million and changing 1.17% at the moment leaves the stock 17.13% off its SMA200. EVR registered 66.88% gain for a year compared to 6-month gain of 16.87%. The firm has a 50-day simple moving average (SMA 50) of $291.1584 and a 200-day simple moving average (SMA200) of $241.26845.
The stock witnessed a -5.29% loss in the last 1 month and extending the period to 3 months gives it a 2.15%, and is 7.47% 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 1.90% over the week and 2.88% over the month.
Evercore Inc (EVR) has around 2195 employees, a market worth around $10.76B and $2.81B in sales. Current P/E ratio is 36.28 and Fwd P/E is 20.25. Profit margin for the company is 11.43%. Distance from 52-week low is 69.18% and -12.79% from its 52-week high. The company has generated returns on investments over the last 12 months (13.78%).
with sales reaching $883.4M over the same period.The EPS is expected to grow by 36.70% this year, but quarterly earnings will post 18.25% year-over-year. Quarterly sales are estimated to grow 11.78% in year-over-year returns.
Evercore Inc (EVR) Top Institutional Holders
675.0 institutions hold shares in Evercore Inc (EVR), with institutional investors hold 97.02% of the company’s shares. The shares outstanding are 38.04M, and float is at 35.42M with Short Float at 1.77%. Institutions hold 90.28% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 3.72 million shares valued at $775.45 million. The investor’s holdings represent 9.6791% of the EVR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.5 million shares valued at $730.21 million to account for 9.1143 of the shares outstanding. The other top investors are BOSTON PARTNERS which holds 1.68 million shares representing 4.3578% and valued at over $350.41 million, while STATE STREET CORP holds 2.8319 of the shares totaling 1.09 million with a market value of $226.88 million.
Evercore Inc (EVR) Insider Activity
The most recent transaction is an insider sale by HYMAN EDWARD S, the company’s Vice Chair EVR & Chairman EISI. SEC filings show that HYMAN EDWARD S sold 20,814 shares of the company’s common stock on Nov 22 ’24 at a price of $310.52 per share for a total of $6.46 million. Following the sale, the insider now owns 1.71 million shares.
Evercore Inc disclosed in a document filed with the SEC on Nov 20 ’24 that HYMAN EDWARD S (Vice Chair EVR & Chairman EISI) sold a total of 10,855 shares of the company’s common stock. The trade occurred on Nov 20 ’24 and was made at $299.09 per share for $3.25 million. Following the transaction, the insider now directly holds 1.74 million shares of the EVR stock.
Still, SEC filings show that on Nov 21 ’24, HYMAN EDWARD S (Vice Chair EVR & Chairman EISI) disposed off 9,888 shares at an average price of $309.18 for $3.06 million. The insider now directly holds 1,727,333 shares of Evercore Inc (EVR).
