How to buy PJT Partners stock | 69.15

PJT Partners Inc is a capital markets business based in the US. PJT Partners shares (PJT) are listed on the NYSE and all prices are listed in US Dollars. PJT Partners employs 678 staff and has a trailing 12-month revenue of around USD$976.3 million.

How to buy shares in PJT Partners

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for PJT Partners. Find the stock by name or ticker symbol: PJT. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until PJT Partners reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$69.15, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of PJT Partners, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of PJT Partners. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted PJT Partners's share price?

Since the stock market crash in March caused by coronavirus, PJT Partners's share price has had significant positive movement.

Its last market close was USD$69.15, which is 25.16% up on its pre-crash value of USD$51.75 and 192.64% up on the lowest point reached during the March crash when the shares fell as low as USD$23.63.

If you had bought USD$1,000 worth of PJT Partners shares at the start of February 2020, those shares would have been worth USD$614.59 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,475.66.

PJT Partners share price

Use our graph to track the performance of PJT stocks over time.

PJT Partners shares at a glance

• Key figures

Information last updated 2020-11-27.

Latest market close	USD$69.15
52-week range	USD$23.5884 - USD$73.04
50-day moving average	USD$68.7269
200-day moving average	USD$58.431
Wall St. target price	USD$80.5
PE ratio	20.101
Dividend yield	USD$0.2 (0.28%)
Earnings per share (TTM)	USD$3.566

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Is it a good time to buy PJT Partners stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of PJT Partners Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

PJT Partners price performance over time

Historical closes compared with the close of $69.15 from 2020-11-16

1 week (2020-11-20)	N/A
1 month (2020-10-30)	2.20%
3 months (2020-08-28)	N/A
6 months (2020-05-28)	N/A

1 year (2019-11-27)	N/A
2 years (2018-11-27)	N/A
3 years (2017-11-27)	N/A
5 years (2015-11-27)	N/A

Is PJT Partners under- or over-valued?

Valuing PJT Partners stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of PJT Partners's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

PJT Partners's P/E ratio

PJT Partners's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, PJT Partners shares trade at around 20x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

PJT Partners's PEG ratio

PJT Partners's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.36. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into PJT Partners's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

PJT Partners financials

Revenue TTM	USD$976.3 million
Operating margin TTM	20.45%
Gross profit TTM	USD$678.6 million
Return on assets TTM	16.88%
Return on equity TTM	27.82%
Profit margin	9.04%
Book value	$6.513
Market capitalisation	USD$2.8 billion

TTM: trailing 12 months

Shorting PJT Partners shares

There are currently 326,860 PJT Partners shares held short by investors – that's known as PJT Partners's "short interest". This figure is 24.9% down from 435,330 last month.

There are a few different ways that this level of interest in shorting PJT Partners shares can be evaluated.

PJT Partners's "short interest ratio" (SIR)

PJT Partners's "short interest ratio" (SIR) is the quantity of PJT Partners shares currently shorted divided by the average quantity of PJT Partners shares traded daily (recently around 136191.66666667). PJT Partners's SIR currently stands at 2.4. In other words for every 100,000 PJT Partners shares traded daily on the market, roughly 2400 shares are currently held short.

However PJT Partners's short interest can also be evaluated against the total number of PJT Partners shares, or, against the total number of tradable PJT Partners shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case PJT Partners's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 PJT Partners shares in existence, roughly 10 shares are currently held short) or 0.0142% of the tradable shares (for every 100,000 tradable PJT Partners shares, roughly 14 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against PJT Partners.

Find out more about how you can short PJT Partners stock.

PJT Partners share dividends

Dividend payout ratio: 4.89% of net profits

Recently PJT Partners has paid out, on average, around 4.89% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.28% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), PJT Partners shareholders could enjoy a 0.28% return on their shares, in the form of dividend payments. In PJT Partners's case, that would currently equate to about $0.2 per share.

While PJT Partners's payout ratio might seem low, this can signify that PJT Partners is investing more in its future growth.

PJT Partners's most recent dividend payout was on 16 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 1 December 2020 (the "ex-dividend date").

PJT Partners share price volatility

Over the last 12 months, PJT Partners's shares have ranged in value from as little as $23.5884 up to $73.04. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while PJT Partners's is 0.9087. This would suggest that PJT Partners's shares are less volatile than average (for this exchange).

PJT Partners overview

PJT Partners Inc., an investment bank, provides various strategic and shareholder advisory, restructuring and special situations, and private fund advisory and fundraising services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers a range of financial advisory and transaction execution capability, including mergers and acquisitions, joint ventures, minority investments, asset swaps, divestitures, takeover defenses, corporate finance advisory, private placements, and distressed sales. The company also advices companies, creditors, and financial sponsors on exchanges, recapitalizations, reorganizations, debt repurchases, and distressed mergers and acquisitions. In addition, it offers private fund advisory and fundraising services for various investment strategies, including private equity, hedge fund, real estate, and secondary advisory groups. The company was formerly known as Blackstone Advisory Inc. and changed its name to PJT Partners Inc. in March 2015. PJT Partners Inc. was incorporated in 2014 and is headquartered in New York, New York.

Frequently asked questions

• What percentage of PJT Partners is owned by insiders or institutions?

  Currently 8.115% of PJT Partners shares are held by insiders and 66.829% by institutions.

• How many people work for PJT Partners?

  Latest data suggests 678 work at PJT Partners.

• When does the fiscal year end for PJT Partners?

  PJT Partners's fiscal year ends in December.

• Where is PJT Partners based?

  PJT Partners's address is: 280 Park Avenue, New York, NY, United States, 10017

• What is PJT Partners's ISIN number?

  PJT Partners's international securities identification number is: US69343T1079

• What is PJT Partners's CUSIP number?

  PJT Partners's Committee on Uniform Securities Identification Procedures number is: 69343T107