PJT Partners Inc. (NYSE:PJT) is scheduled to report Q3 earnings outcomes on October 27, 2020.
The corporate is anticipated to report earnings of $0.78/share on income of $200 million. The consensus earnings per share (EPS) of $0.78/share relies on a ballot of 4 analysts and represents a development in eps of 29.6% over the identical quarter final yr, when the corporate reported earnings of $0.60/share.
The income forecast of $200 million based mostly on a ballot of 4 analysts implies a year-over-year (YoY) development in income of 14.8%. Final yr the corporate reported $174.2 million in income for the quarter.
| Metric | Anticipated | Prior Yr | YoY Change |
|---|---|---|---|
| Income | $200.01 | $174.23 | 14.8% |
| EPS | $0.78 | $0.60 | 29.6% |
Earnings Name Developments
Traditionally, administration has exceeded analyst expectations 6 out of the final 8 tracked quarters, and missed expectations 2 quarters.
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| Quarter | Anticipated | Reported | Shock | Consequence |
|---|---|---|---|---|
| Q2, 2020 | $0.68 | $1 | 47.1% | Beat |
| Q1, 2020 | $0.45 | $0.71 | 56.6% | Beat |
| This autumn, 2019 | $0.91 | $1.02 | 12.5% | Beat |
| Q3, 2019 | $0.54 | $0.60 | 11.6% | Beat |
| Q2, 2019 | $0.33 | $0.51 | 53.4% | Beat |
| Q1, 2019 | $0.40 | $0.28 | −29.6% | Missed |
| This autumn, 2018 | $0.78 | $0.60 | −23.5% | Missed |
| Q3, 2018 | $0.37 | $0.44 | 18.1% | Beat |
Within the following desk, we summarize the corporate’s inventory value actions after earnings releases. The “Value Day Prior” column exhibits the closing inventory value on the day earlier than the earnings report, and the “Value Subsequent Day” column exhibits the inventory value on the finish of the buying and selling day after the earnings report. After the final earnings report for the interval ending June 30, 2020, the inventory value reacted by growing 2.8%.
| Report Date | Value Day Prior | Value Subsequent Day | Change % | Consequence |
|---|---|---|---|---|
| July 28, 2020 | $53.23 | $54.70 | 2.8% | Enhance |
| April 28, 2020 | $47.46 | $52.76 | 11.2% | Enhance |
| February 6, 2020 | $48.56 | $51.08 | 5.2% | Enhance |
| October 29, 2019 | $39.60 | $42.30 | 6.8% | Enhance |
Fundamentals And Technical Evaluation
PJT Companions Inc. is at the moment buying and selling at $67.01/share, up 0.1% for the day. The corporate is buying and selling at roughly 97.1% of its 52-week excessive of $69.04/share. The corporate’s inventory value is up 22.5% for the reason that final earnings report and down 0.0% over the earlier week.
The corporate’s 14 Day Relative Value Index (RSI) of 66.33 suggests the corporate is buying and selling in technically impartial territory. The RSI is taken into account overbought when above 70 and oversold when under 30.
The present share value implies a price-to-earnings (P/E) a number of of 25.13 and a ahead P/E a number of of 11.92.
PJT Companions Inc.’s present share value additionally implies a price-to-book (P/B) a number of of 21.40. The next desk summarizes another key basic ratios:
| Metric | Worth |
|---|---|
| Final Reported Fiscal Interval Key | FY2020.Q2 |
| Interval Finish Date | June 30, 2020 |
| Inventory Value (Present) | $67.01 |
| P/E Ratio | 25.1x |
| P/E Ratio (Fwd) | 11.9x |
| PEG Ratio | 0.1 |
| Whole Debt / Whole Capital | 7.5% |
| Levered Free Money Circulate | $299 million |
| Value To Gross sales | 3.1x |
PJT Companions Inc. is a small-cap inventory with a market capitalization of $1.61 billion. The corporate operates within the Financials sector and the Capital Markets business.
PJT Companions Inc., an funding financial institution, supplies numerous strategic and shareholder advisory, restructuring and particular conditions, and personal fund advisory and fundraising companies to firms, monetary sponsors, institutional buyers, and governments worldwide. It gives a spread of economic advisory and transaction execution functionality, together with mergers and acquisitions, joint ventures, minority investments, asset swaps, divestitures, takeover defenses, company finance advisory, personal placements, and distressed gross sales. The corporate additionally advices firms, collectors, and monetary sponsors on exchanges, recapitalizations, reorganizations, debt repurchases, and distressed mergers and acquisitions. As well as, it gives personal fund advisory and fundraising companies for numerous funding methods, together with personal fairness, hedge fund, actual property, and secondary advisory teams. The corporate was previously generally known as Blackstone Advisory Inc. and adjusted its identify to PJT Companions Inc. in March 2015. PJT Companions Inc. was integrated in 2014 and is headquartered in New York, New York.
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