Reading PJT? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PJT free→Reading PJT? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track PJT free→NYSEFinancialsCapital MarketsSnapshot 2026-06-16
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
Recent financial performance is neutral, and earnings quality is robust, cash backs up reported profits. Risk is moderate, and the sector backdrop is a headwind, which may impact performance. Compared with sector peers, PJT is above typical. Peer multiples imply a price about 3% below where it trades (it looks expensive on this basis); the read is fair. This assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 3 valuation methods, at three horizons. Current price $159.25. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
We can't anchor a clean multiple for PJT right now, so treat our $151 fair value as low-confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The market is pricing in roughly 1% near-term growth, below our forecast of about 25%. This describes what's priced in, not a forecast of the move.
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Financials names rated neutral grew net income 52% of the time over the next year (vs 61% for the rest of the cohort, n=4936).
Over the trailing year it converted 3.57x of net income into operating cash flow. Historically, Financials names rated robust grew net income 62% of the time over the next year (vs 54% for the rest of the cohort, n=3541).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates.
Not enough signal yet.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $1.56 → $1.63 (+4.3% / 30d). 3 raised, 3 cut, 7 covering analysts.
0 upgrades, 0 downgrades / 30d. 43% of analysts rate Buy.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 1 guided quarters · 43.5% avg surprise
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$107.
How much price usually moves either way.
On a bad day, this stock has moved -$273.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $3,247.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
Valuation label changed from 'fair' to 'full'.
As of June 16, 2026, the valuation dimension changed and rose to "full." The sector backdrop fell, indicating a headwind for the company. The macro backdrop is currently not specified, and the risk dimension remains moderate.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Earnings results will show if growth investments are paying off. Strong results can boost confidence.
Confirms:Earnings per share exceeds analyst expectations by more than 10%.
Disproves:Earnings per share falls short of analyst expectations by more than 10%.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for PJT yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and, as a result, such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific ref…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
Not enough peers to compare yet.
Self-history needs ~20 months of data.
A side-by-side read on sector standing, valuation, and risk versus Investment Banking & Brokerage.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
PJT PJT Partners, Inc. | Above typical Show detailsSector percentile: 97 of 100 | full | moderate |
MS Morgan Stanley | Typical Show detailsSector percentile: 58 of 100 | full | moderate |
GS Goldman Sachs | Typical Show detailsSector percentile: 45 of 100 | full | moderate |
SCHW Charles Schwab Corporation | Above typical Show detailsSector percentile: 86 of 100 | fair | moderate |
IBKR Interactive Brokers | Typical Show detailsSector percentile: 57 of 100 | expensive | moderate |
Not investment advice. As of 2026-06-16.
via XLF
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue to invest for the long term to build a firm grounded in excellence and integrity.
Continue to uphold a strong commitment to client service as a core value.
Why it matters: Details from the earnings call may explain management's views and growth plans.
Confirms one read:Positive comments about growth and market conditions were made during the earnings call.
Confirms the other:Negative comments or lower guidance were given during the earnings call.
Why it matters: High unemployment claims may show a weak economy. This can lower demand for financial services.
Confirms:Unemployment claims rise above 300,000 for the week.
Disproves:Unemployment claims fall below 250,000 for the week.
Why it matters: High inflation can change interest rates. This may affect how clients act in financial markets.
Confirms:CPI shows inflation above 3% year over year.
Disproves:CPI shows inflation below 2% year over year.
Why it matters: Revenue growth is a key driver for the sector. A drop could signal a wider issue.
Confirms:PJT's revenue growth falls below the median of 13% year over year.
Disproves:Revenue growth remains at or above the median of 13% year over year.
Why it matters: EPS growth below 10% may raise worries about making money and running the business.
Confirms:Q2 2026 EPS growth reported below 10% year over year.
Disproves:Q2 2026 EPS growth remains at or above 10% year over year.
Why it matters: Strong client service is a priority. High satisfaction can lead to more business.
Confirms:Client satisfaction scores improve by more than 15% compared to the previous quarter.
Disproves:Client satisfaction scores decline by more than 15% compared to the previous quarter.
Why it matters: A drop below 15% could signal a slowdown in PJT's growth and affect investor confidence.
Confirms:Q2 2026 revenue growth reported below 15% year over year.
Disproves:Q2 2026 revenue growth remains at or above 15% year over year.
Why it matters: Updates on the $800 million buyback plan may show management's trust in the stock.
Confirms:More shares were bought back under the $800 million plan.
Disproves:No updates or a pause in the share repurchase program.
of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and, as a result, such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific ref…