With 0.9 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.92 million shares. The 52-week range on PWP shows that it touched its highest point at $27.03 and its lowest point at $13.82 during that stretch. It currently has a 1-year price target of $22.75. With its current market cap of 1.10 billion, PWP has annualized dividend of $0.28 while the current yield stands at 1.58%. Beta for the stock currently stands at 1.69.
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 up-trending over the past week, with a rise of 0.51%, but this was up by 0.80% over a month. Three-month performance dropped to -27.51% while six-month performance fell -16.13%. The stock gained 21.60% in the past year, while it has lost -25.84% so far this year. A look at the trailing 12-month EPS for PWP yields -0.44 with Next year EPS estimates of 1.59. For the next quarter, that number is 0.17. This implies an EPS growth rate of 16.67% for this year and 41.74% for next year.
Float and Shares Shorts:
At present, 62.19 million PWP shares are outstanding with a float of 58.36 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.
