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Financial Services - Financial - Capital Markets - NYSE - US
$ 157.32
-1.22 %
$ 6.17 B
Market Cap
39.23
P/E
1. INTRINSIC VALUE

PJT Partners Inc., an investment bank, provides various strategic and capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers advisory services to clients on various transactions, including mergers and acquisitions (M&A), spin-offs, activism defense, contested M&A, joint ventures, minority investments, and divestitures. The company also advises private and public company boards and management teams on strategies for building productive investor relationships with a focus on shareholder engagement; and strategic investor relations; environmental, social, and governance matters; and other investor-related matters. In addition, it provides advisory services related to debt and acquisition financings; structured product offerings; public equity raises, including initial public offering and SPAC offerings; and private capital raises for early and later stage companies, as well as other capital structure related matters.[ Read More ]

The intrinsic value of one PJT stock under the base case scenario is HIDDEN Compared to the current market price of 157 USD, PJT Partners Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PJT

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FINANCIALS
1.15 B REVENUE
12.45%
0 OPERATING INCOME
0.00%
146 M NET INCOME
-11.59%
442 M OPERATING CASH FLOW
81.90%
-34.3 M INVESTING CASH FLOW
35.48%
-228 M FINANCING CASH FLOW
-8.60%
326 M REVENUE
-9.40%
75.7 M OPERATING INCOME
17.52%
41.1 M NET INCOME
45.05%
180 M OPERATING CASH FLOW
-6.77%
-138 M INVESTING CASH FLOW
16.74%
-63.4 M FINANCING CASH FLOW
21.17%
Balance Sheet Decomposition PJT Partners Inc.
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Current Assets 356 M
Cash & Short-Term Investments 356 M
Receivables 264 M
Other Current Assets -264 M
Non-Current Assets 1.08 B
Long-Term Investments 0
PP&E 325 M
Other Non-Current Assets 754 M
Current Liabilities 68.8 M
Accounts Payable 22.3 M
Short-Term Debt 0
Other Current Liabilities 46.5 M
Non-Current Liabilities 505 M
Long-Term Debt 331 M
Other Non-Current Liabilities 174 M
EFFICIENCY
Earnings Waterfall PJT Partners Inc.
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Revenue 1.15 B
Cost Of Revenue 805 M
Gross Profit 348 M
Operating Expenses 348 M
Operating Income 0
Other Expenses -146 M
Net Income 146 M
RATIOS
30.16% GROSS MARGIN
30.16%
0.00% OPERATING MARGIN
0.00%
7.09% NET MARGIN
7.09%
33.43% ROE
33.43%
5.70% ROA
5.70%
0.00% ROIC
0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis PJT Partners Inc.
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Net Income 146 M
Depreciation & Amortization 36.7 M
Capital Expenditures -3.93 M
Stock-Based Compensation 179 M
Change in Working Capital 78.6 M
Others 58.9 M
Free Cash Flow 438 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets PJT Partners Inc.
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Wall Street analysts predict an average 1-year price target for PJT of $80 , with forecasts ranging from a low of $75 to a high of $86 .
PJT Lowest Price Target Wall Street Target
75 USD -52.33%
PJT Average Price Target Wall Street Target
80 USD -49.15%
PJT Highest Price Target Wall Street Target
86 USD -45.33%
4. DIVIDEND ANALYSIS
0.18% DIVIDEND YIELD
0.25 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership PJT Partners Inc.
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Sold
0-3 MONTHS
4.13 M USD 6
3-6 MONTHS
1.29 M USD 2
6-9 MONTHS
2.93 M USD 2
9-12 MONTHS
1.36 M USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
5 days ago
Nov 12, 2024
Sell 276 K USD
Whitney Kenneth C
Director
- 1725
159.75 USD
1 week ago
Nov 07, 2024
Sell 242 K USD
Costos James
Director
- 1500
161.41 USD
1 week ago
Nov 08, 2024
Sell 245 K USD
Travin David Adam
General Counsel
- 1541
159.18 USD
2 months ago
Sep 03, 2024
Sell 840 K USD
Lee Ji-Yeun
Managing Partner
- 7100
118.34 USD
2 months ago
Sep 03, 2024
Sell 206 K USD
Lee Ji-Yeun
Managing Partner
- 1725
119.52 USD
2 months ago
Sep 03, 2024
Sell 81.2 K USD
Lee Ji-Yeun
Managing Partner
- 675
120.3 USD
2 months ago
Sep 03, 2024
Sell 58.8 K USD
Lee Ji-Yeun
Managing Partner
- 483
121.71 USD
2 months ago
Sep 03, 2024
Sell 2.08 K USD
Lee Ji-Yeun
Managing Partner
- 17
122.5 USD
2 months ago
Aug 29, 2024
Sell 1.28 M USD
Cornwell Kievdi Don
Director
- 10351
123.39 USD
2 months ago
Aug 29, 2024
Sell 154 K USD
Cornwell Kievdi Don
Director
- 1235
124.37 USD
2 months ago
Aug 30, 2024
Sell 493 K USD
Cornwell Kievdi Don
Director
- 3999
123.21 USD
2 months ago
Aug 26, 2024
Sell 252 K USD
Skaugen Grace Reksten
Director
- 2015
124.86 USD
3 months ago
Aug 01, 2024
Sell 222 K USD
Rafferty Emily K
Director
- 1696
130.79 USD
5 months ago
Jun 03, 2024
Sell 584 K USD
Lee Ji-Yeun
Managing Partner
- 5473
106.68 USD
5 months ago
Jun 03, 2024
Sell 404 K USD
Lee Ji-Yeun
Managing Partner
- 3748
107.91 USD
5 months ago
Jun 03, 2024
Sell 84.4 K USD
Lee Ji-Yeun
Managing Partner
- 779
108.4 USD
8 months ago
Mar 01, 2024
Sell 698 K USD
Lee Ji-Yeun
Managing Partner
- 6688
104.32 USD
8 months ago
Mar 01, 2024
Sell 348 K USD
Lee Ji-Yeun
Managing Partner
- 3312
105.09 USD
8 months ago
Feb 29, 2024
Sell 1.36 M USD
Meates Helen T
Chief Financial Officer
- 12926
105.51 USD
8 months ago
Mar 01, 2024
Sell 522 K USD
Meates Helen T
Chief Financial Officer
- 5000
104.34 USD
9 months ago
Feb 08, 2024
Sell 466 K USD
Travin David Adam
General Counsel
- 5000
93.21 USD
11 months ago
Dec 01, 2023
Sell 522 K USD
Lee Ji-Yeun
Managing Partner
- 5845
89.38 USD
11 months ago
Dec 01, 2023
Sell 291 K USD
Lee Ji-Yeun
Managing Partner
- 3232
90.12 USD
11 months ago
Dec 01, 2023
Sell 83.9 K USD
Lee Ji-Yeun
Managing Partner
- 923
90.91 USD
1 year ago
Sep 01, 2023
Sell 387 K USD
Lee Ji-Yeun
Managing Partner
- 4878
79.43 USD
1 year ago
Sep 01, 2023
Sell 409 K USD
Lee Ji-Yeun
Managing Partner
- 5122
79.79 USD
1 year ago
Jul 12, 2023
Sell 595 K USD
Lee Ji-Yeun
Managing Partner
- 7934
75.03 USD
1 year ago
Jul 13, 2023
Sell 155 K USD
Lee Ji-Yeun
Managing Partner
- 2066
75.18 USD
1 year ago
Feb 16, 2023
Sell 2.4 M USD
Meates Helen T
Chief Financial Officer
- 30000
79.878 USD
2 years ago
Aug 30, 2022
Sell 21.2 K USD
Lee Ji-Yeun
Managing Partner
- 300
70.6 USD
3 years ago
Nov 04, 2021
Bought 42.2 K USD
Skaugen Grace Reksten
Director
+ 500
84.3 USD
4 years ago
Apr 30, 2020
Sell 519 K USD
CUMINALE JAMES W
General Counsel
- 10520
49.31 USD
4 years ago
Apr 30, 2020
Sell 138 K USD
CUMINALE JAMES W
General Counsel
- 2849
48.5 USD
5 years ago
Mar 15, 2019
Bought 203 K USD
Taubman Paul J
Chairman and CEO
+ 5000
40.58 USD
5 years ago
Mar 08, 2019
Sell 181 K USD
CUMINALE JAMES W
General Counsel
- 4462
40.6 USD
5 years ago
Mar 06, 2019
Bought 78.3 K USD
Taubman Paul J
Chairman and CEO
+ 1800
43.49 USD
5 years ago
Mar 06, 2019
Bought 93.4 K USD
Taubman Paul J
Chairman and CEO
+ 2200
42.45 USD
6 years ago
May 04, 2018
Bought 51.2 K USD
Taubman Paul J
Chairman and CEO
+ 1000
51.15 USD
6 years ago
Mar 06, 2018
Sell 135 K USD
CUMINALE JAMES W
General Counsel
- 2816
48.05 USD
7 years ago
Aug 14, 2017
Bought 76.9 K USD
Hersch Dennis S
Director
+ 2000
38.45 USD
7 years ago
Mar 21, 2017
Bought 39.5 K USD
Taubman Paul J
Chairman and CEO
+ 1068
36.96 USD
7 years ago
Mar 21, 2017
Bought 564 K USD
Taubman Paul J
Chairman and CEO
+ 15432
36.52 USD
7 years ago
Mar 17, 2017
Bought 99.5 K USD
Costos James
Director
+ 2600
38.26 USD
7 years ago
Mar 02, 2017
Bought 272 K USD
CUMINALE JAMES W
General Counsel
+ 7000
38.8 USD
7 years ago
Feb 23, 2017
Bought 99.3 K USD
Taubman Paul J
Chairman and CEO
+ 2702
36.76 USD
7 years ago
Feb 22, 2017
Bought 212 K USD
Taubman Paul J
Chairman and CEO
+ 5775
36.72 USD
7 years ago
Feb 21, 2017
Bought 842 USD
Taubman Paul J
Chairman and CEO
+ 23
36.6 USD
7 years ago
Dec 02, 2016
Bought 34.7 K USD
Taubman Paul J
Chairman and CEO
+ 1178
29.45 USD
7 years ago
Dec 01, 2016
Bought 699 K USD
Taubman Paul J
Chairman and CEO
+ 23822
29.33 USD
8 years ago
Nov 15, 2016
Bought 23.4 K USD
Taubman Paul J
Chairman and CEO
+ 789
29.65 USD
8 years ago
Nov 15, 2016
Bought 23.4 K USD
Taubman Paul J
Chairman and CEO
+ 789
29.65 USD
8 years ago
Nov 14, 2016
Bought 1.02 M USD
Taubman Paul J
Chairman and CEO
+ 34211
29.73 USD
8 years ago
Aug 19, 2016
Bought 296 K USD
Taubman Paul J
Chairman and CEO
+ 12016
24.65 USD
8 years ago
Aug 18, 2016
Bought 24.5 K USD
Taubman Paul J
Chairman and CEO
+ 1000
24.5 USD
8 years ago
Aug 17, 2016
Bought 48.6 K USD
Taubman Paul J
Chairman and CEO
+ 1984
24.49 USD
8 years ago
Aug 09, 2016
Bought 125 K USD
Lee Ji-Yeun
Managing Partner
+ 5000
24.98 USD
8 years ago
Aug 08, 2016
Bought 122 K USD
Lee Ji-Yeun
Managing Partner
+ 5000
24.34 USD
8 years ago
Aug 04, 2016
Bought 363 K USD
Taubman Paul J
Chairman and CEO
+ 15000
24.21 USD
8 years ago
Aug 04, 2016
Bought 48.3 K USD
Hersch Dennis S
Director
+ 2000
24.16 USD
8 years ago
May 11, 2016
Bought 239 K USD
Meates Helen T
Chief Financial Officer
+ 10000
23.91 USD
8 years ago
May 13, 2016
Bought 232 K USD
Taubman Paul J
Chairman and CEO
+ 10000
23.19 USD
8 years ago
May 11, 2016
Bought 597 K USD
Taubman Paul J
Chairman and CEO
+ 25000
23.87 USD
8 years ago
Dec 23, 2015
Bought 441 K USD
Taubman Paul J
Chairman and CEO
+ 17000
25.92 USD
8 years ago
Dec 22, 2015
Bought 858 K USD
Taubman Paul J
Chairman and CEO
+ 33000
26 USD
8 years ago
Dec 21, 2015
Bought 52.7 K USD
Hersch Dennis S
Director
+ 2000
26.36 USD
8 years ago
Dec 17, 2015
Bought 52.7 K USD
Hersch Dennis S
Director
+ 2000
26.37 USD
9 years ago
Nov 18, 2015
Bought 750 K USD
CUMINALE JAMES W
General Counsel
+ 37500
20 USD
9 years ago
Nov 18, 2015
Bought 200 K USD
RYAN THOMAS M
Director
+ 10000
20 USD
9 years ago
Nov 18, 2015
Bought 5 M USD
Taubman Paul J
Chairman and CEO
+ 250000
20 USD
9 years ago
Nov 18, 2015
Bought 150 K USD
Meates Helen T
Chief Financial Officer
+ 7500
20 USD
9 years ago
Nov 18, 2015
Bought 750 K USD
Lee Ji-Yeun
Managing Partner
+ 37500
20 USD
9 years ago
Nov 18, 2015
Bought 200 K USD
Hersch Dennis S
Director
+ 10000
20 USD
9 years ago
Nov 18, 2015
Bought 750 K USD
CUMINALE JAMES W
General Counsel
+ 37500
20 USD
7. News
PJT Partners Inc. (PJT) Hits Fresh High: Is There Still Room to Run? PJT Partners (PJT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. zacks.com - 1 week ago
Looking for a Growth Stock? 3 Reasons Why PJT Partners (PJT) is a Solid Choice PJT Partners (PJT) could produce exceptional returns because of its solid growth attributes. zacks.com - 2 weeks ago
PJT Partners: Elections Will Make The Q4 This Year PJT Partners shows some sequential declines but is still strong YoY. The Park Hill business is doing well, but there is some trouble in the primary fundraising space since capital is stuck in invested funds in PE. Advisory backlogs have been reported as a bit low this year, and we think elections have a lot to do with deferred corporate M&A plans. seekingalpha.com - 2 weeks ago
PJT Partners, Inc. (PJT) Q3 2024 Earnings Call Transcript PJT Partners, Inc. (NYSE:PJT ) Q3 2024 Earnings Conference Call October 29, 2024 8:30 AM ET Company Participants Paul Taubman - Chairman, Chief Executive Officer Helen Meates - Chief Financial Officer Sharon Pearson - Head of Investor Relations Conference Call Participants Devin Ryan - Citizens JMP Securities James Yaro - Goldman Sachs James Mitchell - Seaport Global Securities Brennan Hawken - UBS Brendan O'Brien - Wolf Research Aidan Hall - KBW Operator Good day, and welcome to the PJT Partners Third Quarter 2024 Earnings Call. Today's conference is being recorded. seekingalpha.com - 2 weeks ago
PJT Partners (PJT) Surpasses Q3 Earnings and Revenue Estimates PJT Partners (PJT) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.78 per share a year ago. zacks.com - 2 weeks ago
PJT Partners Inc. Reports Third Quarter and Nine Months 2024 Results NEW YORK--(BUSINESS WIRE)--PJT Partners Inc. (the “Company” or “PJT Partners”) (NYSE: PJT) today announced its financial results for the third quarter and nine months ended September 30, 2024. Revenues The following table sets forth revenues for the three and nine months ended September 30, 2024 and 2023:     Three Months Ended September 30,           Nine Months Ended September 30,           2024     2023     % Change     2024     2023     % Change     (Dollars in Millions) Revenues     Adviso. businesswire.com - 2 weeks ago
Earnings Preview: PJT Partners (PJT) Q3 Earnings Expected to Decline PJT Partners (PJT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 weeks ago
PJT Partners Inc. to Report Third Quarter 2024 Financial Results and Host a Conference Call on October 29, 2024 NEW YORK--(BUSINESS WIRE)--PJT Partners Inc. (“PJT Partners”) (NYSE:PJT) announced that it expects to release its third quarter 2024 financial results on Tuesday morning, October 29, 2024. The earnings release will be available through the Investor Relations section of the PJT Partners website at www.pjtpartners.com. PJT Partners will host a conference call on Tuesday, October 29, 2024 at 8:30 a.m. ET with access available via webcast and telephone. Paul J. Taubman, Chairman and Chief Executive. businesswire.com - 3 weeks ago
PJT Partners Inc. (PJT) Hit a 52 Week High, Can the Run Continue? PJT Partners (PJT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues. zacks.com - 1 month ago
3 Reasons Why Growth Investors Shouldn't Overlook PJT Partners (PJT) PJT Partners (PJT) could produce exceptional returns because of its solid growth attributes. zacks.com - 2 months ago
PJT Partners: Solid Performances Will Continue Beyond The Downcycle PJT Partners is a resilient business that is demonstrating an expected countercyclical performance in advisory, as well as an outstanding performance in procyclical placements. Placement is managing thanks to liquidity needs for LPs, and the ability to close placements on the funds that don't currently have drypowder, where most do. They will likely continue to grow in a more normalised environment, but not as much as peers, some of which are extremely levered to sponsor activity which has stopped. seekingalpha.com - 3 months ago
Is PJT Partners (PJT) a Solid Growth Stock? 3 Reasons to Think "Yes" PJT Partners (PJT) possesses solid growth attributes, which could help it handily outperform the market. zacks.com - 3 months ago
8. Profile Summary

PJT Partners Inc. PJT

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COUNTRY US
INDUSTRY Financial - Capital Markets
MARKET CAP $ 6.17 B
Dividend Yield 0.18%
Description PJT Partners Inc., an investment bank, provides various strategic and capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers advisory services to clients on various transactions, including mergers and acquisitions (M&A), spin-offs, activism defense, contested M&A, joint ventures, minority investments, and divestitures. The company also advises private and public company boards and management teams on strategies for building productive investor relationships with a focus on shareholder engagement; and strategic investor relations; environmental, social, and governance matters; and other investor-related matters. In addition, it provides advisory services related to debt and acquisition financings; structured product offerings; public equity raises, including initial public offering and SPAC offerings; and private capital raises for early and later stage companies, as well as other capital structure related matters. Further, the company offers advisory services in restructurings and recapitalizations; and serving a range of companies, creditors, and financial sponsors on liability management and related capital raise transactions, including exchanges, recapitalizations, reorganizations, debt repurchases, and distressed mergers and acquisitions. Additionally, it provides private fund advisory and fundraising services for a range of investment strategies; and advisory services to GPs and LPs on liquidity and other structured solutions in the secondary market. The company was formerly known as Blackstone Advisory Inc. and changed its name to PJT Partners Inc. in March 2015. PJT Partners Inc. was incorporated in 2014 and is headquartered in New York, New York.
Contact 280 Park Avenue, New York, NY, 10017 https://www.pjtpartners.com
IPO Date Sept. 22, 2015
Employees 1012
Officers Ms. Helen Therese Meates Chief Financial Officer Ms. Paige Costigan Chief Operating Officer Ms. Sharon Pearson MD & Head of Investor & External Relations Mr. Steven Murray Partner & Chief Human Resources Officer Ms. Ji-Yeun Lee Managing Partner Mr. Nick Tansley MD of Strategic Advisory Group & Head of European Industrials Mr. David Adam Travin General Counsel Lyssa Dubensky President Mr. Tom Campbell Partner & Head of the EMEA Restructuring and Special Situations Group Mr. Paul Jeffrey Taubman B.S., M.B.A. Founder, Chairman & Chief Executive Officer