For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Perella Weinberg Partners (NASDAQ: PWP) closed at $23.15 down -1.70% from its previous closing price of $23.55. In other words, the price has decreased by -$1.70 from its previous closing price. On the day, 0.72 million shares were traded. PWP stock price reached its highest trading level at $23.76 during the session, while it also had its lowest trading level at $22.7601.
Ratios:
For a deeper understanding of Perella Weinberg Partners’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.55. For the most recent quarter (mrq), Quick Ratio is recorded 1.38 and its Current Ratio is at 1.38.
On January 09, 2024, Goldman Downgraded its rating to Sell which previously was Buy and also lowered its target price recommendation from $14 to $11.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 02 ’25 when RED HOOK CAPITAL LLC bought 141,000 shares for $23.84 per share.
STEEL ROBERT K sold 32,943 shares of PWP for $819,292 on Dec 10 ’24. The Director now owns 50,479 shares after completing the transaction at $24.87 per share. On Dec 10 ’24, another insider, ROBERT STEEL, who serves as the Officer of the company, bought 32,943 shares for $24.87 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PWP now has a Market Capitalization of 2076700928 and an Enterprise Value of 1850497152. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.37. Its current Enterprise Value per Revenue stands at 2.14.
Stock Price History:
Over the past 52 weeks, PWP has reached a high of $26.62, while it has fallen to a 52-week low of $10.73. The 50-Day Moving Average of the stock is -3.38%, while the 200-Day Moving Average is calculated to be 23.31%.
Shares Statistics:
For the past three months, PWP has traded an average of 497.15K shares per day and 638260 over the past ten days. A total of 56.98M shares are outstanding, with a floating share count of 54.70M. Insiders hold about 7.04% of the company’s shares, while institutions hold 85.17% stake in the company. Shares short for PWP as of 1734048000 were 2788341 with a Short Ratio of 5.61, compared to 1731628800 on 2552756. Therefore, it implies a Short% of Shares Outstanding of 2788341 and a Short% of Float of 5.46.
Dividends & Splits
According to the company, the forward annual dividend rate for PWP is 0.28, from 0.28 in the trailing year. Against a Trailing Annual Dividend Yield of 0.011889597
