Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $23.12 in the prior trading day, Perella Weinberg Partners (NASDAQ: PWP) closed at $22.90, down -0.95%. In other words, the price has decreased by -$0.95 from its previous closing price. On the day, 0.82 million shares were traded. PWP stock price reached its highest trading level at $24.0 during the session, while it also had its lowest trading level at $22.85.
Ratios:
Our goal is to gain a better understanding of PWP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.61. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 10 ’24 when STEEL ROBERT K sold 32,943 shares for $24.87 per share. The transaction valued at 819,292 led to the insider holds 50,479 shares of the business.
ROBERT STEEL bought 32,943 shares of PWP for $819,371 on Dec 10 ’24. On Dec 04 ’24, another insider, Weinberg Peter A, who serves as the Chairman of the company, sold 61,612 shares for $25.23 each. As a result, the insider received 1,554,471 and left with 722,729 shares of the company.
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 2054274304 and an Enterprise Value of 1836244480. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.38. Its current Enterprise Value per Revenue stands at 2.123.
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 -2.76%, while the 200-Day Moving Average is calculated to be 25.12%.
Shares Statistics:
The stock has traded on average 459.86K shares per day over the past 3-months and 489670 shares per day over the last 10 days, according to various share statistics. 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 85.15% stake in the company. Shares short for PWP as of 1732838400 were 2592739 with a Short Ratio of 5.64, compared to 1730332800 on 2980470. Therefore, it implies a Short% of Shares Outstanding of 2592739 and a Short% of Float of 5.08.
Dividends & Splits
In the trailing 12 months, PWP’s forward annual dividend rate was 0.28, compared to 0.28 this year. Against a Trailing Annual Dividend Yield of 0.012110726
