Home Sectors Financial Services Stock Watch: Evercore (NYSE: EVR)

Stock Watch: Evercore (NYSE: EVR)

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Evercore is part of the brokers and exchanges industry and trades as part of the financial services sector. The company CEO is Ralph L. Schlosstein. Evercore Inc is an investment banking and investment management firm. It provides financial advisory services to clients on mergers, acquisitions, divestitures and other strategic corporate transactions.

Previous Intraday Trading Performance:

The EVR stock showed a previous change of 0.21% with an open at 93.29 and a close of 94.02. It reached an intraday high of 94.79 and a low of 92.24.

PR Newswire:  Evercore ISI Recognized as the Top Ranked Independent Firm in U.S. Equity Research

Liquidity:

The stock has a market cap of $3.9b with 41.0m shares outstanding, of which the float is 40.4m shares. Trading volume reached 374,946 shares compared to its average volume of 378,056 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Evercore shares returned -4.42% and in the past 30 trading days it returned -12.65%. Over three months, it changed -13.29%. In one year it has changed 23.13% and within that year its 52-week high was 117.49 and its 52-week low was 75.25. EVR stock is 24.94% above its 52 Week Low.

Our calculations show a 200 day moving average of 100.53 and a 50 day moving average of 105.30. Currently EVR stock is trading -6.48% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

PR Newswire:  Evercore ISI Recognized as the Top Ranked Independent Firm in U.S. Equity Research

Earnings:

The last annual fiscal EPS for the company was reported at 2.78 that ended on 31st of December 2017, which according to the previous close, that is a PE of 33.82. Based on 1 analyst estimate, the estimated EPS for the next quarter is 1.53. The TTM EPS is 6.66, which comes to a TTM PE of 14.12. Historically, the PE high was 33.82 and the PE low was 14.12. EVR stock has set a new PE low record!

The following are the last four quarter reported earnings per share:
06-30-2018:  1.65
03-31-2018:  2.24
12-31-2017:  1.55
09-30-2017:  1.22

The dividend per share is currently 2.00, which is a dividend yield of 2.13%. Also, the payout ratio is 30.03%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 199.73, which means it is possibly undervalued and has a margin of safety of 52.93%

Indicators to Watch:

Based on the latest filings, there is 94.70% of institutional ownership. Short-interest is 1,522,079, which is 3.72% of shares outstanding. The short-interest ratio or days-to-cover ratio is 4.35. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.72

SeekingAlpha:  Rowan Companies: Merger Benefits Ensco, Not Rowan

Fundamental Indicators:

Based on last reported financials, the company's return on equity is 34.95%, return on assets is 12.33%, profit margin is 13.05%, price-to-sales is 2.62 and price-to-book is 6.16.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 4  :Past Performance Score
 5  :Financial Strength Score
 4  :Future Growth Score
 5  :Dividend Score
 4  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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