Home Sectors Financial Services Present Change: Evercore (NYSE: EVR)

Present Change: Evercore (NYSE: EVR)

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Evercore is in the brokers and exchanges industry and is 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 2.97% with an open at 82.22 and a close of 84.90. It reached an intraday high of 85.11 and a low of 81.62.

SeekingAlpha:  Evercore: Steady Growth Has Its Value

Liquidity:

The stock has a market cap of $3.4b with 40.5m shares outstanding, of which the float is 39.9m shares. Trading volume reached 599,126 shares compared to its average volume of 536,544 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 3.93% and in the past 30 trading days it returned -16.60%. Over three months, it changed -25.47%. In one year it has changed 10.20% and within that year its 52-week high was 117.49 and its 52-week low was 76.60. EVR stock is 10.84% above its 52 Week Low.

Our calculations show a 200 day moving average of 99.93 and a 50 day moving average of 95.30. Currently EVR stock is trading -15.04% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Evercore: Steady Growth Has Its Value

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 30.54. Based on 1 analyst estimate, the estimated EPS for the next quarter is 1.01. The TTM EPS is 6.67, which comes to a TTM PE of 12.73. Historically, the PE high was 30.54 and the PE low was 12.73. EVR stock has set a new PE low record!

The following are the last four quarter reported earnings per share:
09-30-2018:  1.23
06-30-2018:  1.65
03-31-2018:  2.24
12-31-2017:  1.55

The dividend per share is currently 2.00, which is a dividend yield of 2.36%. Also, the payout ratio is 29.99%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 194.49, which means it is possibly undervalued and has a margin of safety of 56.35%

Indicators to Watch:

Based on the latest filings, there is 83.50% of institutional ownership. Short-interest is 1,475,823, which is 3.65% of shares outstanding. The short-interest ratio or days-to-cover ratio is 3.69. 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 1.79

SeekingAlpha:  Expected Dividend Increases In November 2018

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 34.16%, return on assets is 11.97%, profit margin is 13.22%, price-to-sales is 1.80 and price-to-book is 4.99.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 4  :Past Performance Score
 5  :Financial Strength Score
 3  :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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