PJT Partners Inc., an investment bank, provides various strategic and shareholder advisory, restructuring and special situations, and capital markets advisory services to corporations, financial sponsors, institutional investors, and governments worldwide. More Details
No risks detected for PJT from our risk checks.
Outstanding track record with flawless balance sheet.
Share Price & News
How has Partners's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PJT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PJT's weekly volatility (5%) has been stable over the past year.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: PJT underperformed the US Capital Markets industry which returned 61.7% over the past year.
Return vs Market: PJT exceeded the US Market which returned 53.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Partners's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall StHow Much Are PJT Partners Inc. (NYSE:PJT) Insiders Taking Off The Table?
7 months ago | Simply Wall StDo Partners's (NYSE:PJT) Earnings Warrant Your Attention?
8 months ago | Simply Wall StInvestors Still Waiting For A Pull Back In PJT Partners Inc. (NYSE:PJT)
Is Partners undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PJT ($69.8) is trading above our estimate of fair value ($10.32)
Significantly Below Fair Value: PJT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PJT is good value based on its PE Ratio (14.6x) compared to the US Capital Markets industry average (24.8x).
PE vs Market: PJT is good value based on its PE Ratio (14.6x) compared to the US market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PJT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PJT is good value based on its PB Ratio (10.8x) compared to the US Capital Markets industry average (68.1x).
How is Partners forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if PJT's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if PJT's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PJT's revenue (7.6% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: PJT's revenue (7.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PJT's Return on Equity is forecast to be very high in 3 years time (93.4%).
How has Partners performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PJT has high quality earnings.
Growing Profit Margin: PJT's current net profit margins (11.2%) are higher than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: PJT's earnings have grown significantly by 50.9% per year over the past 5 years.
Accelerating Growth: PJT's earnings growth over the past year (295.6%) exceeds its 5-year average (50.9% per year).
Earnings vs Industry: PJT earnings growth over the past year (295.6%) exceeded the Capital Markets industry 10%.
Return on Equity
High ROE: PJT's Return on Equity (30.9%) is considered high.
How is Partners's financial position?
Financial Position Analysis
Short Term Liabilities: PJT's short term assets ($449.2M) exceed its short term liabilities ($308.5M).
Long Term Liabilities: PJT's short term assets ($449.2M) exceed its long term liabilities ($175.3M).
Debt to Equity History and Analysis
Debt Level: PJT is debt free.
Reducing Debt: PJT had no debt 5 years ago.
Debt Coverage: PJT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PJT has no debt, therefore coverage of interest payments is not a concern.
What is Partners's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PJT's dividend (0.29%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: PJT's dividend (0.29%) is low compared to the top 25% of dividend payers in the US market (3.46%).
Stability and Growth of Payments
Stable Dividend: PJT is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: PJT is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: PJT is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PJT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul Taubman (59 yo)
Mr. Paul Jeffrey Taubman is the Founder, Chairman and Chief Executive Officer of PJT Partners Inc. since October 1, 2015. Prior to founding PJT Partners, Mr. Taubman spent 30 ears at Morgan Stanley serving...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD1.02M) is below average for companies of similar size in the US market ($USD5.16M).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
Experienced Management: PJT's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: PJT's board of directors are considered experienced (5.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PJT Partners Inc.'s company bio, employee growth, exchange listings and data sources
- Name: PJT Partners Inc.
- Ticker: PJT
- Exchange: NYSE
- Founded: 2014
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Implied Market Cap: US$2.792b
- Market Cap: US$1.663b
- Shares outstanding: 40.00m
- Website: https://www.pjtpartners.com
Number of Employees
- PJT Partners Inc.
- 280 Park Avenue
- New York
- New York
- United States
PJT Partners Inc., an investment bank, provides various strategic and shareholder advisory, restructuring and special situations, and capital markets advisory services to corporations, financial sponsors, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/17 23:10|
|End of Day Share Price||2021/04/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.