Wall Street predicts Perella Weinberg Partners (PWP) stock to surge by 18.13%

Perella Weinberg Partners [PWP] stock prices are up 5.32% to $24.55 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PWP shares have gain 5.86% over the last week, with a monthly amount drifted -2.70%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, Goldman downgraded its rating to Sell on January 09, 2024, and dropped its price target to $11.50. On September 26, 2022, downgrade downgraded it’s rating to Mkt Perform.

The stock price of Perella Weinberg Partners [PWP] has been fluctuating between $10.73 and $26.62 over the past year. Currently, Wall Street analysts expect the stock to reach $29 within the next 12 months. Perella Weinberg Partners [NASDAQ: PWP] shares were valued at $24.55 at the most recent close of the market. An investor can expect a potential return of 18.13% based on the average PWP price forecast.

Analyzing the PWP fundamentals

The Perella Weinberg Partners [NASDAQ:PWP] reported sales of 865.04M for trailing twelve months, representing a surge of 100.17%. Gross Profit Margin for this corporation currently stands at -0.44% with Operating Profit Margin at -0.17%, Pretax Profit Margin comes in at -0.16%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.21, Equity is 2.04 and Total Capital is -0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.52.

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 24.11 points at the first support level, and at 23.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.87, and for the 2nd resistance point, it is at 25.20.

Ratios To Look Out For

It’s worth pointing out that Perella Weinberg Partners [NASDAQ:PWP]’s Current Ratio is 1.38. Also, the Quick Ratio is 1.38, while the Cash Ratio stands at 3.07. Considering the valuation of this stock, the price to sales ratio is 2.55.

Transactions by insiders

Recent insider trading involved Weinberg Peter A, Chairman, that happened on Jan 02 ’25 when 72866.0 shares were sold. Chairman, Weinberg Peter A completed a deal on Jan 03 ’25 to sell 68134.0 shares. Meanwhile, Director RED HOOK CAPITAL LLC bought 0.14 million shares on Jan 02 ’25.

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