PJT Partners (PJT) Surges 8.5%: Is This an Indication of Further Gains?

Group 1 - PJT Partners' shares increased by 8.5% to close at $136.07, following a period of 11.9% loss over the past four weeks, indicating a strong trading volume [1] - The stock price rise was influenced by the Trump administration's announcement of a 90-day halt on reciprocal tariffs for most countries, showcasing PJT's position as a premier global advisory-focused investment bank [2] - PJT Partners is expected to report quarterly earnings of $1.24 per share, reflecting a year-over-year increase of 26.5%, with revenues projected at $367.2 million, up 11.5% from the previous year [3] Group 2 - The consensus EPS estimate for PJT Partners has remained unchanged over the last 30 days, suggesting that stock price movements may not sustain without earnings estimate revisions [4] - PJT Partners holds a Zacks Rank of 3 (Hold), indicating a neutral outlook within the Zacks Financial - Miscellaneous Services industry [4] - Applied Digital Corporation, another company in the same industry, has a consensus EPS estimate of -$0.11, which is a 78.9% improvement from the previous year, also holding a Zacks Rank of 3 (Hold) [5]