Evercore Inc’s stock (EVR) continues to rise above its goal

At the time of writing, Evercore Inc [EVR] stock is trading at $316.00, up 16.24%. An important factor to consider is whether the stock is rising or falling in short-term value. The EVR shares have gain 19.21% over the last week, with a monthly amount glided 27.11%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Evercore Inc [NYSE: EVR] stock has seen the most recent analyst activity on September 12, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $258. Previously, Goldman upgraded its rating to Buy on September 11, 2024, and elevated its price target to $276. UBS downgraded its rating to a Neutral and increased its price target to $176 on January 09, 2024. Goldman downgraded its rating to a Neutral and reduced its price target to $140 on August 22, 2023. UBS upgraded its rating to Buy for this stock on April 12, 2023. In a note dated April 12, 2023, Morgan Stanley upgraded an Overweight rating on this stock and boosted its target price from $102 to $131.

For the past year, the stock price of Evercore Inc fluctuated between $136.03 and $288.03. Currently, Wall Street analysts expect the stock to reach $180.75 within the next 12 months. Evercore Inc [NYSE: EVR] shares were valued at $316.00 at the most recent close of the market. An investor can expect a potential drop of -42.8% based on the average EVR price forecast.

Analyzing the EVR fundamentals

According to Evercore Inc [NYSE:EVR], the company’s sales were 2.81B for trailing twelve months, which represents an 28.55% jump. Gross Profit Margin for this corporation currently stands at 0.99% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.21 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.27.

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 300.99 points at the first support level, and at 285.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 327.53, and for the 2nd resistance point, it is at 339.07.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 4.32, the price to book ratio is 7.99 and price to earnings (TTM) ratio is 40.59.

Transactions by insiders

Recent insider trading involved HYMAN EDWARD S, Officer, that happened on Nov 06 ’24 when 50000.0 shares were purchased. Director, Altman Roger C completed a deal on Oct 25 ’24 to buy 39450.0 shares. Meanwhile, Chief Financial Officer LaLonde Timothy Gilbert sold 3750.0 shares on Aug 21 ’24.

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