Wolfe Research upgraded PJT Partners from Peer Perform to Outperform and set a new price target of $83.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/13/2025 | Mkt Outperform → Mkt Perform | JMP Securities | |
| 12/6/2024 | $130.00 → $175.00 | Sell → Neutral | UBS |
| 3/26/2024 | $100.00 → $75.00 | Neutral → Sell | UBS |
| 1/29/2024 | $101.00 | Mkt Perform | Keefe Bruyette |
| 1/9/2024 | Buy → Neutral | Goldman | |
| 1/3/2024 | $89.00 | Peer Perform → Underperform | Wolfe Research |
| 12/5/2023 | Buy → Neutral | Seaport Research Partners | |
| 10/3/2023 | $84.00 | Neutral | UBS |
First Quarter Overview First Quarter Revenues of $325 million, slightly below last year's record levels GAAP Pretax Income of $53 million and Adjusted Pretax Income of $56 million, comparable to year ago levels First Quarter Record GAAP Diluted EPS of $1.99 and Record Adjusted EPS of $1.05 Capital Management and Balance Sheet Repurchased 1.5 million share and share equivalents through March 31, 2025 First Quarter cash, cash equivalents and short-term investments of $227 million and no funded debt Paul J. Taubman, Chairman and Chief Executive Officer, said, "The current geopolitical uncertainties have certainly weighed on business and impacted capital markets around the world.
PJT Partners Inc. ("PJT Partners") (NYSE:PJT) announced that it expects to release its first quarter 2025 financial results on Tuesday morning, April 29, 2025. The earnings release will be available through the Investor Relations section of the PJT Partners website at https://www.pjtpartners.com/. PJT Partners will host a conference call on Tuesday, April 29, 2025 at 8:30 a.m. ET with access available via webcast and telephone. Paul J. Taubman, Chairman and Chief Executive Officer, and Helen T. Meates, Chief Financial Officer, will review the results and be available for questions. Investors and analysts may participate in the live conference call by dialing +1 (800) 245-3047 (U.S. domest
Full Year Overview Record Revenues, Pretax Income and EPS Revenues of $1.49 billion, an increase of 29% from a year ago GAAP Pretax Income of $271 million and Adjusted Pretax Income of $278 million, both increased 52% from a year ago GAAP Diluted EPS of $4.92 and Adjusted EPS of $5.02, increases of 58% and 54%, respectively, from a year ago Fourth Quarter Overview Record Quarter Revenues of $477 million, an increase of 45% from a year ago GAAP Pretax Income of $103 million and Adjusted Pretax Income of $107 million, increases of 99% and 102%, respectively, from a year ago GAAP Diluted EPS of $1.83 and Adjusted EPS of $1.90, increases of 110% and 98%, respectively,