Evercore Inc (EVR) is looking forward to a strong quarter

With 0.58 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.44 million shares. The 52-week range on EVR shows that it touched its highest point at $324.06 and its lowest point at $175.24 during that stretch. It currently has a 1-year price target of $326.71. With its current market cap of 8.71 billion, EVR has annualized dividend of $3.20 while the current yield stands at 1.44%. Beta for the stock currently stands at 1.30.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EVR was down-trending over the past week, with a drop of -9.56%, but this was down by -21.38% over a month. Three-month performance dropped to -27.70% while six-month performance fell -9.42%. The stock gained 19.49% in the past year, while it has lost -19.69% so far this year. A look at the trailing 12-month EPS for EVR yields 9.05 with Next year EPS estimates of 19.36. For the next quarter, that number is 2.68. This implies an EPS growth rate of 47.93% for this year and 38.90% for next year. EPS is expected to grow by 32.87% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.69%.

Float and Shares Shorts:

At present, 38.12 million EVR shares are outstanding with a float of 36.47 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EVR since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $9.25627 being high and $8.39499 being low. For EVR, this leads to a yearly average estimate of $8.83058.

Summary of Insider Activity:

Insiders traded EVR stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.