The closing price of Perella Weinberg Partners (NASDAQ: PWP) was $13.44 for the day, up 1.05% from the previous closing price of $13.30. On the day, 619060 shares were traded. PWP stock price reached its highest trading level at $13.45 during the session, while it also had its lowest trading level at $12.75.
Ratios:
Our analysis of PWP’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.81. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 1.15.
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:
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 Dec 14 ’23 when Shendelman Vladimir sold 7,722 shares for $12.46 per share. The transaction valued at 96,216 led to the insider holds 67,341 shares of the business.
COHEN DANIEL G sold 26,818 shares of PWP for $243,507 on Mar 14 ’23. The Director now owns 524,873 shares after completing the transaction at $9.08 per share. On Mar 10 ’23, another insider, COHEN DANIEL G, who serves as the Director of the company, sold 13,334 shares for $9.06 each. As a result, the insider received 120,806 and left with 538,282 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 689.74M and an Enterprise Value of 527.30M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 3.93. Its current Enterprise Value per Revenue stands at 0.81 whereas that against EBITDA is -5.39.
Stock Price History:
Over the past 52 weeks, PWP has reached a high of $13.99, while it has fallen to a 52-week low of $6.80. The 50-Day Moving Average of the stock is 12.20, while the 200-Day Moving Average is calculated to be 10.56.
Shares Statistics:
PWP traded an average of 306.17K shares per day over the past three months and 489.86k shares per day over the past ten days. A total of 44.64M shares are outstanding, with a floating share count of 38.58M. Insiders hold about 13.76% of the company’s shares, while institutions hold 87.86% stake in the company. Shares short for PWP as of Feb 15, 2024 were 364.7k with a Short Ratio of 1.19, compared to 335.9k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.82% and a Short% of Float of 1.06%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.28, PWP has a forward annual dividend rate of 0.28. Against a Trailing Annual Dividend Yield of 2.11%, it implies a Forward Annual Dividend Yield of 2.08%.
Earnings Estimates
The firm’s stock currently is rated by 4 analysts. On average, analysts expect EPS of $0.14 for the current quarter, with a high estimate of $0.19 and a low estimate of $0.12, while EPS last year was $0.09. The consensus estimate for the next quarter is $0.21, with high estimates of $0.25 and low estimates of $0.18.
Analysts are recommending an EPS of between $1.15 and $0.88 for the fiscal current year, implying an average EPS of $0.98. EPS for the following year is $1.25, with 4 analysts recommending between $1.5 and $1.09.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $164.28M to a low estimate of $151.1M. As of the current estimate, Perella Weinberg Partners’s year-ago sales were $131.43M, an estimated increase of 21.00% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $180.52M, an increase of 9.00% less than the figure of $21.00% in the same quarter last year. There is a high estimate of $183.75M for the next quarter, whereas the lowest estimate is $177.8M.
A total of 3 analysts have provided revenue estimates for PWP’s current fiscal year. The highest revenue estimate was $830.2M, while the lowest revenue estimate was $744.3M, resulting in an average revenue estimate of $783.61M. In the same quarter a year ago, actual revenue was $648.65M, up 20.80% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $882.8M in the next fiscal year. The high estimate is $946.1M and the low estimate is $846.3M. The average revenue growth estimate for next year is up 12.70% from the average revenue estimate for this year.
