Evercore Inc [EVR] stock prices are up 1.08% to $196.33 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The EVR shares have gain 5.39% over the last week, with a monthly amount glided 13.98%, and seem to be holding up well over a long-time horizon.
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On 12, February 2024, Marcelo Pizzimbono Joins Evercore ISI as Head of Sales. In a post published today on Yahoo Finance, Evercore (NYSE: EVR) announced today that Marcelo Pizzimbono has joined Evercore ISI as a senior managing director and head of sales.
From an analyst’s perspective:
Previously, UBS downgraded its rating to Neutral on January 09, 2024, and elevated its price target to $176. On August 22, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $140 on the stock. UBS upgraded its rating to a Buy. Morgan Stanley upgraded its rating to a Overweight and raised its price target to $131 on April 12, 2023. Goldman upgraded its rating to Buy for this stock on January 11, 2023, and upped its price target to $125. In a note dated October 27, 2022, Keefe Bruyette downgraded an Mkt Perform rating on this stock and boosted its target price from $106 to $109.
The stock price of Evercore Inc [EVR] has been fluctuating between $104.36 and $195.12 over the past year. Currently, Wall Street analysts expect the stock to reach $112 within the next 12 months. Evercore Inc [NYSE: EVR] shares were valued at $196.33 at the most recent close of the market. An investor can expect a potential drop of -42.95% based on the average EVR price forecast.
Analyzing the EVR fundamentals
The Evercore Inc [NYSE:EVR] reported sales of 2.44B for trailing twelve months, representing a drop of -5.64%. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.18 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.26.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 194.73 points at the first support level, and at 193.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 197.98, and for the 2nd resistance point, it is at 199.64.
Evercore Inc [EVR] reported earnings per share of $2.02 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.67/share, meaning a difference of $0.35 and a surprise factor of 21.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.3 per share as compared to estimates of $1.19 per share, a difference of $0.11 representing a surprise of 9.20%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 3.11, the price to book ratio is 4.70 and price to earnings (TTM) ratio is 30.93.
Transactions by insiders
Recent insider trading involved LaLonde Timothy Gilbert, Chief Financial Officer, that happened on Feb 13 ’24 when 3337.0 shares were sold. General Counsel, Klurfeld Jason completed a deal on Feb 08 ’24 to sell 5877.0 shares. Meanwhile, Contr, Prin. Acct.Officer Pensa Paul sold 1540.0 shares on Feb 07 ’24.
