Perella Weinberg – Undiscovered Investment Banking Gem

Summary

  • Perella Weinberg Partners (PWP) shows strong technical indicators, including 100% buy signals, a 134.10% gain in the last year, and a Trend Seeker buy signal.

  • The stock is trading above its 20, 50, and 100-day moving averages, with a recent price of $25.47 and a 50-day average of $20.97.

  • Fundamental factors are promising, with a market cap of $2.17 billion, P/E of 34.31, and expected revenue and earnings growth of 34.52% and 103.88% respectively this year.

  • Analysts’ opinions are mixed, with 2 strong buys, 1 buy, and 1 sell, and price targets ranging from $23 to $30, consensus at $27.

  • The Chart of the Day belongs to investment banking firm Perella Weinberg . I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 9/24 the stock gained 28.64%.PWP Price vs Daily Moving Averages: Perella Weinberg Partners, an independent investment banking company, provides strategic and financial advice services in the United States and internationally. The company offers advisory services related to strategic and financial decisions, mergers and acquisition execution, shareholder and defense advisory, and financing and capital solutions advice with resources focused on restructuring, liability management, and capital markets advisory, as well as underwriting and research services primarily for the energy and related industries. It serves public multinational corporations, mid-sized public and private companies, financial sponsors, individual entrepreneurs, private and institutional investors, creditor committees, and government institutions in consumer and retail; energy and energy transition; financial services and FinTech; healthcare; industrials and infrastructure; and technology, telecommunication, and media industries. Perella Weinberg Partners is headquartered in New York, New York. Barchart’s Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the  website when you read this report.Barchart Technical Indicators:

  • 100% technical buy signals
  • 132.59 Weighted Alpha
  • 134.10% gain in the last year
  • Trend Seeker buy signal
  • 1.49 – 60 month Beta
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 14.83% in the last month
  • Relative Strength Index 67.71%
  • Technical support level at $24.81
  • Recently traded at $25.47 with 50 day moving average of $20.97
  • Fundamental Factors:

  • Market Cap $2.17 billion
  • P/E 34.31
  • Dividend yield 1.11%
  • Revenue expected to grow 34.52% this year and another 13.80% next year
  • Earnings are estimated to increase 103.88% this year and an additional 47.54% next year
  • Analysts and Investor Sentiment — I don’t buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it’s hard to make money swimming against the tide:

  • Wall Street analyst gave 2 strong buy, 1 buy and 1 sell opinions on the stock
  • Analysts’ price targets are between $23 and $30 with a consensus of $27
  • Value Line rates the stock it’s highest rating of 1
  • CFRAs MarketScope rates the stock a sell
  • MorningStar gives the stock its average rating of 3 with a Fair Value of $24.”
  • Only 940 investors monitor the stock on Seeking Alpha
  • Additional disclosure: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis.
    On the date of publication,  did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy .More By This Author:

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