Perella Weinberg Partners (NASDAQ: PWP)’s stock price has plunge by 4.93relation to previous closing price of 24.55. Nevertheless, the company has seen a 15.36% surge in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-18 that NEW YORK and PARIS, Nov. 18, 2024 (GLOBE NEWSWIRE) — Perella Weinberg Partners (Nasdaq: PWP), a leading global independent advisory firm, announced today that Erik Maris has joined the Firm’s European practice and will work with its French and European Partners in providing strategic advice to clients across coverage sectors.
Is It Worth Investing in Perella Weinberg Partners (NASDAQ: PWP) Right Now?
The 36-month beta value for PWP is at 1.58. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for PWP is 54.47M, and currently, shorts hold a 5.93% of that float. The average trading volume for PWP on January 20, 2025 was 568.21K shares.
PWP’s Market Performance
The stock of Perella Weinberg Partners (PWP) has seen a 15.36% increase in the past week, with a 3.62% rise in the past month, and a 17.14% gain in the past quarter. The volatility ratio for the week is 4.22%, and the volatility levels for the past 30 days are at 4.49% for PWP. The simple moving average for the last 20 days is 8.86% for PWP stock, with a simple moving average of 34.14% for the last 200 days.
Analysts’ Opinion of PWP
Many brokerage firms have already submitted their reports for PWP stocks, with Keefe Bruyette repeating the rating for PWP by listing it as a “Outperform.” The predicted price for PWP in the upcoming period, according to Keefe Bruyette is $16 based on the research report published on January 29, 2024 of the previous year 2024.
Goldman, on the other hand, stated in their research note that they expect to see PWP reach a price target of $11.50, previously predicting the price at $14. The rating they have provided for PWP stocks is “Sell” according to the report published on January 09th, 2024.
PWP Trading at 5.08% from the 50-Day Moving Average
After a stumble in the market that brought PWP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.23% of loss for the given period.
Volatility was left at 4.49%, however, over the last 30 days, the volatility rate increased by 4.22%, as shares surge +5.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.15% upper at present.
During the last 5 trading sessions, PWP rose by +15.36%, which changed the moving average for the period of 200-days by +76.32% in comparison to the 20-day moving average, which settled at $23.66. In addition, Perella Weinberg Partners saw 8.05% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PWP starting from Weinberg Peter A, who sale 72,866 shares at the price of $23.60 back on Jan 02 ’25. After this action, Weinberg Peter A now owns 628,755 shares of Perella Weinberg Partners, valued at $1,719,638 using the latest closing price.
Weinberg Peter A, the Chairman of Perella Weinberg Partners, sale 68,134 shares at $23.12 during a trade that took place back on Jan 03 ’25, which means that Weinberg Peter A is holding 560,621 shares at $1,575,258 based on the most recent closing price.
Stock Fundamentals for PWP
Current profitability levels for the company are sitting at:
- -0.17 for the present operating margin
- -0.44 for the gross margin
The net margin for Perella Weinberg Partners stands at -0.19. The total capital return value is set at -0.2. Equity return is now at value -32.48, with -13.27 for asset returns.
Based on Perella Weinberg Partners (PWP), the company’s capital structure generated -1.09 points at debt to capital in total, while cash flow to debt ratio is standing at 0.52.
Currently, EBITDA for the company is -97.86 million with net debt to EBITDA at 0.6. When we switch over and look at the enterprise to sales, we see a ratio of 2.6. The receivables turnover for the company is 9.89for trailing twelve months and the total asset turnover is 1.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.38.
Conclusion
In conclusion, Perella Weinberg Partners (PWP) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
