What 4 Analyst Ratings Have To Say About Evercore

Evercore EVR underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Analysts have recently evaluated Evercore and provided 12-month price targets. The average target is $320.25, accompanied by a high estimate of $339.00 and a low estimate of $305.00. Surpassing the previous average price target of $298.00, the current average has increased by 7.47%.

Decoding Analyst Ratings: A Detailed Look

A comprehensive examination of how financial experts perceive Evercore is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Evercore. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Evercore compared to the broader market.
• Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Evercore's stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Evercore's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Evercore analyst ratings.

Discovering Evercore: A Closer Look

Evercore is an independent investment bank that derives the majority of its revenue from financial advisory, including merger, acquisition, and restructuring advisory. It also has institutional equities trading, equity underwriting, and investment management businesses that account for around 20% of net revenue. The company was founded in 1996 and went public in 2006. Evercore had approximately 2,200 employees at the end of 2023, and about 75% of its revenue is derived from the United States.

Evercore: Delving into Financials

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Growth: Evercore displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 28.76%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.

Net Margin: Evercore's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 10.68%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Evercore's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 5.1%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Evercore's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.28%, the company showcases efficient use of assets and strong financial health.

Debt Management: Evercore's debt-to-equity ratio is below the industry average at 0.55, reflecting a lower dependency on debt financing and a more conservative financial approach.

Analyst Ratings: What Are They?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.