Home Sectors Financial Services Long or Short: Evercore (NYSE: EVR)

Long or Short: Evercore (NYSE: EVR)


Evercore trades as part of the financial services sector and is part of the brokers and exchanges industry. 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 -5.74% with an open at 83.04 and a close of 78.32. It reached an intraday high of 83.05 and a low of 78.03.

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The stock has a market cap of $3.2b with 40.5m shares outstanding, of which the float is 39.9m shares. Trading volume reached 466,787 shares compared to its average volume of 555,222 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 -6.27% and in the past 30 trading days it returned -7.63%. Over three months, it changed -24.42%. In one year it has changed -10.02% and within that year its 52-week high was 117.49 and its 52-week low was 78.03. EVR stock is 0.37% above its 52 Week Low.

Our calculations show a 200 day moving average of 98.13 and a 50 day moving average of 86.99. Currently EVR stock is trading -20.19% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

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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 28.17. 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 11.74. Historically, the PE high was 28.17 and the PE low was 11.74. 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 2.55%. 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 186.09, which means it is possibly undervalued and has a margin of safety of 57.91%

Indicators to Watch:

Based on the latest filings, there is 83.50% of institutional ownership. Short-interest is 1,175,988, which is 2.91% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.11. 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 1.78

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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 1.82 and price-to-book is 5.03.

Company Scores:

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

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.