The closing price of Perella Weinberg Partners (NASDAQ: PWP) was $9.82 for the day, up 0.92% from the previous closing price of $9.73. In other words, the price has increased by $+0.16 from its previous closing price. On the day, 131090 shares were traded. PWP stock price reached its highest trading level at $9.82 during the session, while it also had its lowest trading level at $9.54.
Our analysis of PWP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.10 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 10 when COHEN DANIEL G sold 34,748 shares for $8.60 per share. The transaction valued at 298,833 led to the insider holds 747,267 shares of the business.
COHEN DANIEL G sold 15,252 shares of PWP for $126,592 on Nov 09. The Director now owns 764,641 shares after completing the transaction at $8.30 per share. On Aug 26, another insider, COHEN DANIEL G, who serves as the Director of the company, sold 200 shares for $7.76 each. As a result, the insider received 1,552 and left with 772,267 shares of the company.
As of this moment, Perella’s Price-to-Earnings (P/E) ratio for their current fiscal year is 48.86, and their Forward P/E ratio for the next fiscal year is 11.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 2.97.
Stock Price History:
Over the past 52 weeks, PWP has reached a high of $13.22, while it has fallen to a 52-week low of $5.47. The 50-Day Moving Average of the stock is 7.66, while the 200-Day Moving Average is calculated to be 7.83.
PWP traded an average of 337.29K shares per day over the past three months and 317.8k shares per day over the past ten days. A total of 42.26M shares are outstanding, with a floating share count of 41.09M. Insiders hold about 0.50% of the company’s shares, while institutions hold 96.70% stake in the company. Shares short for PWP as of Oct 13, 2022 were 1.55M with a Short Ratio of 1.29M, compared to 1.69M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 3.59% and a Short% of Float of 4.15%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.07, PWP has a forward annual dividend rate of 0.28. Against a Trailing Annual Dividend Yield of 0.72%, it implies a Forward Annual Dividend Yield of 4.01%.
The firm’s stock currently is rated by 4 analysts. On average, analysts expect EPS of $0.13 for the current quarter, with a high estimate of $0.17 and a low estimate of $0.11, while EPS last year was $0.26. The consensus estimate for the next quarter is $0.19, with high estimates of $0.24 and low estimates of $0.15.
Analysts are recommending an EPS of between $0.78 and $0.67 for the fiscal current year, implying an average EPS of $0.73. EPS for the following year is $0.83, with 4 analysts recommending between $1 and $0.66.
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $158.7M to a low estimate of $130M. As of the current estimate, Perella Weinberg Partners’s year-ago sales were $171.61M, an estimated decrease of -16.40% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $165.53M, a decrease of -16.80% less than the figure of -$16.40% in the same quarter last year. There is a high estimate of $179.3M for the next quarter, whereas the lowest estimate is $150M.
A total of 4 analysts have provided revenue estimates for PWP’s current fiscal year. The highest revenue estimate was $640.9M, while the lowest revenue estimate was $583M, resulting in an average revenue estimate of $611.97M. In the same quarter a year ago, actual revenue was $801.66M, down -23.70% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $678.75M in the next fiscal year. The high estimate is $794.7M and the low estimate is $590M. The average revenue growth estimate for next year is up 10.90% from the average revenue estimate for this year.