Stock Performance - PJT Partners' stock has risen by 7.8% over the past month and hit a new 52-week high of $137.06 [1] - The stock has gained 32.9% since the start of the year, outperforming the Zacks Finance sector (17.1%) and the Zacks Financial - Miscellaneous Services industry (12.7%) [1] Earnings and Revenue - PJT Partners has consistently beaten earnings consensus estimates in the last four quarters, with the latest EPS of $1.19 surpassing the estimate of $0.82 [2] - Revenue in the last earnings report exceeded the consensus estimate by 16.19% [2] - For the current fiscal year, the company is expected to post earnings of $4.35 per share on $1.39 billion in revenues, representing a 33.03% increase in EPS and a 20.36% increase in revenue [3] - For the next fiscal year, earnings are expected to rise to $5.40 per share on $1.56 billion in revenues, reflecting year-over-year changes of 24.14% and 12.68%, respectively [3] Valuation Metrics - PJT Partners trades at 31.1X current fiscal year EPS estimates, a premium to the peer industry average of 11.7X [7] - On a trailing cash flow basis, the stock trades at 18.9X versus the peer group's average of 8.9X [7] - The company has a Value Score of B, Growth Score of A, and Momentum Score of D, resulting in a VGM Score of A [6] Zacks Rank and Style Scores - PJT Partners holds a Zacks Rank of 2 (Buy) due to favorable earnings estimate revisions [8] - The stock fits the criteria for investment with a Zacks Rank of 1 or 2 and Style Scores of A or B [8] Industry Comparison - StoneX Group Inc (SNEX), a peer in the industry, has a Zacks Rank of 2 (Buy) and a Value Score of A, Growth Score of A, and Momentum Score of F [9] - SNEX beat the consensus earnings estimate by 7.30% last quarter and is expected to post earnings of $7.40 per share on revenue of $3.33 billion for the current fiscal year [10] - SNEX shares have gained 2.5% over the past month and trade at a forward P/E of 11.3X and a P/CF of 8.1X [10] - The Financial - Miscellaneous Services industry is in the top 22% of all industries, indicating favorable conditions for both PJT and SNEX [11]

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the ...

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying the right ones involves significant risk and volatility [1] Group 1: Company Overview - PJT Partners is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 8.8%, but projected EPS growth for this year is expected to be 33%, significantly higher than the industry average of 14.6% [5] Group 2: Financial Metrics - PJT Partners exhibits a year-over-year cash flow growth of 38.1%, which surpasses the industry average of -23.2% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 14.9%, compared to the industry average of 11.2% [7] Group 3: Earnings Estimates - The current-year earnings estimates for PJT Partners have been revised upward, with the Zacks Consensus Estimate increasing by 8.8% over the past month [9] - The combination of positive earnings estimate revisions and a Growth Score of B positions PJT Partners as a potential outperformer for growth investors [10][11]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: PJT Partners - PJT Partners currently holds a Momentum Style Score of B, indicating a positive momentum outlook [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - PJT shares have increased by 7.66% over the past week, outperforming the Zacks Financial - Miscellaneous Services industry, which rose by 1.45% [5] - Over the past month, PJT's stock price has changed by 21.1%, significantly higher than the industry's 2.94% [5] - In the last quarter, PJT shares have risen by 33.82%, and over the past year, they have gained 64.33%, while the S&P 500 has only increased by 10.01% and 21.8%, respectively [6] Trading Volume - PJT's average 20-day trading volume is 225,152 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for PJT has increased, while none have decreased, raising the consensus estimate from $4.00 to $4.35 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [9] Conclusion - Given the positive performance metrics and earnings outlook, PJT Partners is positioned as a strong momentum pick with a 2 (Buy) rating and a Momentum Score of B [9]

PJT Partners, Inc. (NYSE:PJT) Q2 2024 Earnings Call Transcript July 30, 2024 8:30 AM ET Company Participants Paul Taubman - Chairman, Chief Executive Officer Helen Meates - Chief Financial Officer Sharon Pearson - Head of Investor Relations Conference Call Participants Devin Ryan - Citizens JMP James Yaro - Goldman Sachs Brennan Hawken - UBS Brendan O’Brien - Wolf Research Operator Good day, and welcome to the PJT Partners Second Quarter 2024 Earnings Call. Today’s conference is being recorded. At this tim ...

This quarterly report represents an earnings surprise of 45.12%. A quarter ago, it was expected that this investment bank would post earnings of $0.45 per share when it actually produced earnings of $0.98, delivering a surprise of 117.78%. PJT Partners, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $360.18 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 16.19%. This compares to year-ago revenues of $346.28 million. The company ...

Exhibit 99.1 PJT Partners Inc. Reports Record Second Quarter and Six Months 2024 Results Second Quarter Overview Six Months Overview Capital Management and Balance Sheet Paul J. Taubman, Chairman and Chief Executive Officer, said, "Our firm delivered record second quarter and six months results with strong year-to-date performance in all our businesses. Our focus continues to be on investing to build the strongest firm for the long term as we continue to expand our industry expertise, our product capabiliti ...

Wall Street expects a year-over-year decline in earnings on lower revenues when PJT Partners (PJT) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. Zacks Consensus Estimate While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the imm ...

Have you been paying attention to shares of PJT Partners (PJT) ? Shares have been on the move with the stock up 13.7% over the past month. The stock hit a new 52-week high of $107.57 in the previous session. PJT Partners has gained 5.1% since the start of the year compared to the 3.8% move for the Zacks Finance sector and the 0.5% return for the Zacks Financial - Miscellaneous Services industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn' ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Sco ...