Evercore (EVR) Swings 4.7% on Moderate Volume

By Ken Smith • Wednesday, July 12 15:08 • Permanent Link

Mid-cap Finance company Evercore has moved 4.7% so far today on a volume of 395,367, compared to its average of 406,406. In contrast, the S&P 500 index moved 1.0%.

Evercore trades -5.67% away from its average analyst target price of $137.67 per share. The 6 analysts following the stock have set target prices ranging from $128.0 to $146.0, and on average have given Evercore a rating of buy.

Anyone interested in buying EVR should be aware of the facts below:

Evercore's current price is 41.4% above its Graham number of $91.85, which implies that at its current valuation it does not offer a margin of safety
Based on its trailing earnings per share of 9.62, Evercore has a trailing 12 month Price to Earnings (P/E) ratio of 13.5 while the S&P 500 average is 15.97
EVR has a forward P/E ratio of 10.7 based on its forward 12 month price to earnings (EPS) of $12.1 per share
The company has a price to earnings growth (PEG) ratio of -3.83 — a number near or below 1 signifying that Evercore is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 3.62 compared to its sector average of 1.57
Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally.
Based in New York, the company has 2,135 full time employees and a market cap of $5.12 Billion. Evercore currently returns an annual dividend yield of 2.4%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.