With 1.47 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.7 million shares. The 52-week range on PWP shows that it touched its highest point at $27.03 and its lowest point at $11.68 during that stretch. It currently has a 1-year price target of $28.75. With its current market cap of 1.65 billion, PWP has annualized dividend of $0.28 while the current yield stands at 1.47%. Beta for the stock currently stands at 1.68.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PWP was down-trending over the past week, with a drop of -9.78%, but this was down by -22.06% over a month. Three-month performance dropped to -26.83% while six-month performance rose 5.14%. The stock gained 41.44% in the past year, while it has lost -20.26% so far this year. A look at the trailing 12-month EPS for PWP yields -1.59 with Next year EPS estimates of 1.73. For the next quarter, that number is 0.22. This implies an EPS growth rate of 39.84% for this year and 28.86% for next year.
Float and Shares Shorts:
At present, 59.18 million PWP shares are outstanding with a float of 55.53 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PWP since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.93 being high and $0.88 being low. For PWP, this leads to a yearly average estimate of $0.9. Based on analyst estimates, the high estimate for the next quarter is $0.32 and the low estimate is $0.27. The average estimate for the next quarter is thus $0.29.
