The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

PJT

Concerning the House

PJT Partners Inc., an investment bank, provides various strategic advisory, shareholder advisory, capital markets advisory, and restructuring and special situations services to corporations, financial sponsors, institutional investors, and governments worldwide. It offers advisory services to clients on various transactions, including mergers and acquisitions (M&A), spin-offs, activism defense, contested M&A, joint ventures, minority investments, and divestitures. The company also provides advisory services for private and public company boards and management teams on strategies for building productive investor relationships with a focus on shareholder engagement; complex investor matters; and other critical strategic, governance, and shareholder matters. In addition, it offers advisory services related to debt and equity markets, including debt financings, acquisition financings, structured product offerings, public equity raises initial public offerings, private capital raises, general partner advisory, and other capital structure related matters. Further, the company provides geopolitical and policy advisory practice that assists corporate boards and management teams with navigating changing geopolitical relationships. Additionally, it offers advisory services in the areas of liability management, and restructurings and special situations comprising bespoke financing, tort liability resolutions, distressed M&A, and chapter 11 matters, as well as to corporate clients, financial sponsors, and creditors. The company also provides private fund advisory and fundraising services for a range of investment strategies; and advisory services to general and limited partners on liquidity and other structured solutions. The company was formerly known as Blackstone Advisory Inc. and changed its name to PJT Partners Inc. in March 2015. PJT Partners Inc. was incorporated in 2014 and is headquartered in New York, New York.

United States · www.pjtpartners.com

The Long Run

FY 2015–2025 · 11 years

LineLatestCAGRTrend
Revenue$1.48B+14.0%
Net income$134.39M+118.9%
Cash from ops$441.53M+21.8%
Quotation

$178.86

+8.27 (+4.8%)

52w hi$190.79
52w lo$128.84
Vol662.09K
As ofAug 13
The Verdict

Hold

Our score +0.40

Short+0.45
Medium+0.33
Long+0.46

computed 2026-08-13

By the Numbers

PJT Partners Inc.

Financial Services · Capital Markets

Market cap$7.62B
Enterprise value$5.22B
Trailing P/E24.37x
Forward P/E19.72x
EV / EBITDA
P / S (ttm)4.04x
Profit margin10.6%
Return on equity37.6%
Revenue growth+19.5%
Earnings growth+37.5%
Debt / equity42.65
Risk Metrics
Beta vs SPX1.13
Corr SPX0.55
Annual vol33.6%
Annual ret+25.0%
Sharpe0.74
Max DD-32.6%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.36
Sector+0.09
Technical+0.00
Earnings+0.00
Sentiment+0.65

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$171.60$179.41$170.16$178.86662.09K
Aug 12$175.97$176.47$170.25$170.59542.60K
Aug 11$170.72$175.68$170.20169.14K
Aug 10$168.77$171.40$166.09$169.36306.70K
Aug 7$176.05$176.45$170.42$171.34212.90K