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Is PJT Partners (PJT) a Solid Growth Stock? 3 Reasons to Think "Yes"
PJT Partners PJT Partners (US:PJT) ZACKSยท2024-08-01 17:46

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]