What Evercore (EVR) Investors Need to Know

By Harris Dyer • Sunday, September 21 15:24 • Permanent Link

More and more people are talking about Evercore over the last few weeks. Is it worth buying the Asset Management stock at a price of $355.88? Only time will tell. The information below will give you a basic idea of what this investment may entail:

Evercore has moved 37.6% over the last year, and the S&P 500 logged a change of 16.5%
EVR has an average analyst rating of buy and is -2.28% away from its mean target price of $364.2 per share
Its trailing earnings per share (EPS) is $11.03
Evercore has a trailing 12 month Price to Earnings (P/E) ratio of 32.3 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $14.06 and its forward P/E ratio is 25.3
The company has a Price to Book (P/B) ratio of 8.3 in contrast to the S&P 500's average ratio of 4.74
Evercore is part of the Finance sector, which has an average P/E ratio of 15.92 and an average P/B of 1.78
EVR has reported YOY quarterly earnings growth of 30.4% and gross profit margins of 0.9%
Evercore Inc., together with its subsidiaries, operates as an independent investment banking firm in the Americas, Europe, Middle East, Africa, and Asia-Pacific. It operates through two segments, Investment Banking & Equities, and Investment Management. The Investment Banking & Equities segment offers strategic advisory services, such as mergers, and acquisitions, strategic, defense, and shareholder advisory, special committee assignments, and real estate strategic advisory; private capital advisory and fundraising, market risk management and hedging, private capital markets and debt advisory, liability management and restructuring, and equity capital markets execution and advisory services; and research, sales, and trading professionals services on a content-led platform to its institutional investor clients. The Investment Management segment provides wealth management services to high-net-worth individuals, foundations, and endowments. The company was formerly known as Evercore Partners Inc. and changed its name to Evercore Inc. in August 2017. Evercore Inc. was founded in 1995 and is headquartered in New York, New York.

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.