PJT Partners (PJT) Getting Somewhat Positive Media Coverage, Study Shows
News stories about PJT Partners (NYSE:PJT) have trended somewhat positive this week, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. PJT Partners earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 46.655413584679 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- PJT Partners, Inc. breached its 50 day moving average in a Bearish Manner : PJT-US : August 4, 2017 (finance.yahoo.com)
- Houston energy co. emerges from bankruptcy, eliminating $820M of debt (bizjournals.com)
- Philly’s PES refinery, the East Coast’s largest, seeks debt relief (philly.com)
- PJT Partners Inc. Plans Quarterly Dividend of $0.05 (PJT) (americanbankingnews.com)
- Investor Network: PJT Partners, Inc. to Host Earnings Call (finance.yahoo.com)
Shares of PJT Partners (NYSE:PJT) traded up 0.90% on Monday, hitting $40.27. The stock had a trading volume of 40,228 shares. PJT Partners has a 12 month low of $23.52 and a 12 month high of $45.38. The company has a 50 day moving average price of $41.57 and a 200-day moving average price of $37.39. The stock’s market cap is $745.68 million.
PJT Partners (NYSE:PJT) last announced its earnings results on Wednesday, August 2nd. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by $0.07. The business had revenue of $109.31 million for the quarter. PJT Partners had a negative net margin of 0.27% and a negative return on equity of 264.44%. On average, equities research analysts anticipate that PJT Partners will post $1.73 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 21st. Stockholders of record on Thursday, September 7th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.50%. The ex-dividend date is Wednesday, September 6th. PJT Partners’s dividend payout ratio is -200.00%.
A number of research analysts have recently issued reports on the company. BidaskClub cut PJT Partners from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Zacks Investment Research raised PJT Partners from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a research note on Friday, July 14th. Finally, Bank of America Corporation raised PJT Partners from a “neutral” rating to a “buy” rating and raised their price objective for the company from $39.00 to $45.00 in a research note on Thursday, May 11th.
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About PJT Partners
PJT Partners Inc is an advisory-focused investment bank. The Company offers an array of strategic advisory, restructuring and special situations and private fund advisory and placement services to corporations, financial sponsors, institutional investors and governments. It provides, through Park Hill Group, private fund advisory and placement services for alternative investment managers, including private equity funds, real estate funds and hedge funds.
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