PJT Partners (PJT) Given Media Impact Rating of 0.11

Media coverage about PJT Partners (NYSE:PJT) has been trending somewhat positive on Sunday, Accern reports. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. PJT Partners earned a news impact score of 0.11 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 47.1651898531445 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

A number of equities research analysts have issued reports on PJT shares. Zacks Investment Research upgraded shares of PJT Partners from a “hold” rating to a “strong-buy” rating and set a $61.00 target price on the stock in a report on Saturday, April 14th. ValuEngine upgraded shares of PJT Partners from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd. Sandler O’Neill set a $58.00 target price on shares of PJT Partners and gave the stock a “hold” rating in a report on Friday, July 13th. Finally, Bank of America lowered shares of PJT Partners from a “buy” rating to a “neutral” rating and set a $60.00 target price on the stock. in a report on Monday, July 16th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. PJT Partners has a consensus rating of “Hold” and an average target price of $55.80.

Shares of PJT opened at $59.63 on Friday. PJT Partners has a twelve month low of $35.47 and a twelve month high of $60.82. The firm has a market capitalization of $1.20 billion, a PE ratio of 38.72 and a beta of 0.43.

PJT Partners (NYSE:PJT) last announced its quarterly earnings data on Tuesday, July 31st. The financial services provider reported $0.42 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.20. PJT Partners had a negative net margin of 4.11% and a positive return on equity of 24.71%. The business had revenue of $130.67 million for the quarter. sell-side analysts anticipate that PJT Partners will post 2.29 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 19th. Stockholders of record on Wednesday, September 5th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, September 4th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.34%. PJT Partners’s payout ratio is 12.99%.

PJT Partners Company Profile

PJT Partners Inc provides various strategic advisory, restructuring and special situations, and private fund advisory and placement services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers a range of financial advisory and transaction execution capability, including mergers and acquisitions, joint ventures, minority investments, asset swaps, divestitures, takeover defenses, corporate finance advisory, private placements, and distressed sales.

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