PJT Partners Inc., an investment bank, provides various strategic advisory, shareholder engagement, restructuring and special situations, and private fund advisory and placement services to corporations, financial sponsors, institutional investors, and governments worldwide.
Acceptable track record with concerning outlook.
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 has not had significant price volatility in the past 3 months.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: PJT underperformed the US Capital Markets industry which returned 19% over the past year.
Return vs Market: PJT underperformed the US Market which returned 20.1% over the past year.
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
1 week ago | Simply Wall StPJT Partners Inc. Just Recorded A 5.2% EPS Beat: Here's What Analysts Are Forecasting Next
1 week ago | Simply Wall StIs It Time To Consider Buying PJT Partners Inc. (NYSE:PJT)?
1 month ago | Simply Wall StDoes The PJT Partners Inc. (NYSE:PJT) Share Price Fall With The Market?
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: Insufficient data to calculate PJT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PJT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PJT is poor value based on its PE Ratio (41.6x) compared to the Capital Markets industry average (36x).
PE vs Market: PJT is poor value based on its PE Ratio (41.6x) compared to the US market (18.4x).
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 overvalued based on its PB Ratio (216x) compared to the US Capital Markets industry average (6.7x).
How is Partners forecast to perform in the next 1 to 3 years based on estimates from 4 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 (1.7%).
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 (12.3% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: PJT's revenue (12.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PJT's Return on Equity is forecast to be high in 3 years time
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 (4.1%) are lower than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: PJT's earnings have declined by -11.6% per year over the past 5 years.
Accelerating Growth: PJT's earnings growth over the past year (9.9%) exceeds its 5-year average (-11.6% per year).
Earnings vs Industry: PJT earnings growth over the past year (9.9%) exceeded the Capital Markets industry 8.4%.
Return on Equity
High ROE: PJT's Return on Equity (11.9%) is considered low.
Return on Assets
Return on Capital Employed
How is Partners's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: PJT has a low level of unsold assets or inventory.
Debt Coverage by Assets: PJT's debt is covered by short term assets (assets are 11.6x debt).
Financial Institutions Analysis
Asset Level: PJT's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if PJT has a sufficient allowance for bad loans.
Low Risk Liabilities: PJT reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if PJT has an acceptable proportion of non-loan assets held.
Low Risk Deposits: PJT has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if PJT has an appropriate level of bad loans.
What is Partners's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Partners before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: PJT's dividend (0.39%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: PJT's dividend (0.39%) is low compared to the top 25% of dividend payers in the US market (3.69%).
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 (58yo)
Mr. Paul Jeffrey Taubman is the Founder, Chairman and Chief Executive Officer of PJT Partners Inc. ("PJT Partners"). Prior to founding PJT Partners, Mr. Taubman spent years at Morgan Stanley serving in a s ...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD4.21M) is about average for companies of similar size in the US market ($USD3.76M).
Compensation vs Earnings: Paul's compensation has increased by more than 20% in the past year.
|Founding Partner||4.3yrs||US$4.21m||1.99% $40.8m|
|Managing Partner||0yrs||US$5.03m||0.32% $6.6m|
|Chief Financial Officer||4.3yrs||US$2.81m||0.13% $2.7m|
|General Counsel||4.6yrs||US$2.54m||0.21% $4.2m|
|Chief Operating Officer||5.1yrs||no data||no data|
|MD & Head of Investor & External Relations||0yrs||no data||no data|
|Managing Director||0yrs||no data||no data|
|MD of Strategic Advisory Group & Head of European Industrials||0yrs||no data||no data|
|Partner & Head of Global Industrials in the Strategic Advisory Group||0yrs||no data||no data|
|Managing Director of Restructuring group||0yrs||no data||no data|
Experienced Management: PJT's management team is considered experienced (4.5 years average tenure).
|Founding Partner||4.3yrs||US$4.21m||1.99% $40.8m|
|Independent Director||4.3yrs||US$190.64k||0.19% $3.9m|
|Independent Director||4.3yrs||US$175.03k||0.064% $1.3m|
|Lead Independent Director||4.3yrs||US$138.56k||0.099% $2.0m|
|Independent Director||4.3yrs||US$190.64k||0.021% $431.1k|
|Independent Director||3yrs||US$208.88k||0.011% $230.6k|
Experienced Board: PJT's board of directors are considered experienced (4.3 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 been diluted in the past year, with total shares outstanding growing by 9.7%.
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$2.048b
- Market Cap: US$1.184b
- Shares outstanding: 39.94m
- Website: https://www.pjtpartners.com
Number of Employees
- PJT Partners Inc.
- 280 Park Avenue
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PJT||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Sep 2015|
|1PJ||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Sep 2015|
|0KEC||LSE (London Stock Exchange)||Yes||Class A Common Stock||GB||USD||Sep 2015|
PJT Partners Inc., an investment bank, provides various strategic advisory, shareholder engagement, 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. The company also advices companies, creditors, and financial sponsors on recapitalizations, reorganizations, exchange offers, debt repurchases, capital raises, and distressed mergers and acquisitions. In addition, it offers private fund advisory and placement services for various investment strategies, including private equity, hedge fund, real estate, and secondary advisory groups. The company was formerly known as Blackstone Advisory Inc. and changed its name to PJT Partners Inc. in March 2015. PJT Partners Inc. was founded in 2014 and is headquartered in New York, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 01:15|
|End of Day Share Price||2020/02/14 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.