Perella Weinberg Partners [NASDAQ: PWP] plunged by -$0.65 during the normal trading session on while it closed the day at $16.94.
Perella Weinberg Partners stock has also loss -0.47% of its value over the past 7 days. However, PWP stock has declined by -32.38% in the 3 months of the year. Over the past six months meanwhile, it has lost -16.35% and lost -28.94% year-on date.
The market cap for PWP stock reached $1.50 billion, with 62.19 million shares outstanding and 58.21 million shares in the current float. Compared to the average trading volume of 912.90K shares, PWP reached a trading volume of 1894483 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Perella Weinberg Partners [PWP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PWP shares is $22.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PWP stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Keefe Bruyette have made an estimate for Perella Weinberg Partners shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 29, 2024. While these analysts kept the previous recommendation, Goldman dropped their target price from $14 to $11.50. The new note on the price target was released on January 09, 2024, representing the official price target for Perella Weinberg Partners stock.
The Average True Range (ATR) for Perella Weinberg Partners is set at 1.15, with the Price to Sales ratio for PWP stock in the period of the last 12 months amounting to 1.52. Price to Free Cash Flow for PWP in the course of the last twelve months was 6.13 with Quick ratio for the last quarter at 1.17.
PWP stock trade performance evaluation
Perella Weinberg Partners [PWP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.47. With this latest performance, PWP shares dropped by -0.24% in over the last four-week period, additionally sinking by -16.35% over the last 6 months – not to mention a rise of 12.71% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PWP stock in for the last two-week period is set at 46.43, with the RSI for the last a single of trading hit 49.21, and the three-weeks RSI is set at 44.39 for Perella Weinberg Partners [PWP]. The present Moving Average for the last 50 days of trading for this stock 18.58, while it was recorded at 17.26 for the last single week of trading, and 21.09 for the last 200 days.
Perella Weinberg Partners [PWP]: An insightful look at the core fundamentals
Perella Weinberg Partners’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.17 and a Current Ratio set at 1.17.
Earnings per share (EPS) analysis for Perella Weinberg Partners [PWP] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PWP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Perella Weinberg Partners go to 17.31%.
Perella Weinberg Partners [PWP]: Institutional Ownership
The top three institutional holders of PWP stocks are: FMR LLC with ownership of 7.88 million shares, which is approximately 14.4435%. BLACKROCK INC., holding 3.87 million shares of the stock with an approximate value of $$62.9 million in PWP stocks shares; and BLACKROCK INC., currently with $$45.59 million in PWP stock with ownership which is approximately 5.1392%.
