(EVR) Evercore Partners - Ratings and Ratios

Evercore Inc. is a global independent investment banking firm operating across the Americas, Europe, the Middle East, Africa, and Asia-Pacific through its two main segments: Investment Banking & Equities and Investment Management. The firm provides a comprehensive range of services including strategic advisory for mergers and acquisitions, private capital advisory, market risk management, and equity capital markets execution. Its Investment Banking & Equities segment serves institutional investor clients through research, sales, and trading professionals on a content-led platform. Meanwhile, the Investment Management segment caters to high-net-worth individuals, foundations, and endowments with wealth management services.

With a history dating back to 1995 and headquartered in New York, Evercore has established itself as a significant player in the investment banking and brokerage sector. Its operational scope and diversified service offerings position it well for capturing opportunities in various market conditions. The companys shift in name from Evercore Partners Inc. to Evercore Inc. in August 2017 reflects its evolving business landscape.

Analyzing the provided and , we observe that Evercores stock (EVR) is currently priced at $245.49, with its 20-day SMA at $233.32 and 50-day SMA at $207.97, indicating a positive trend. The 200-day SMA at $248.25 is slightly above the current price, suggesting potential resistance. The ATR of 8.07 (3.29%) indicates moderate volatility. With a Market Cap of $9.115 billion and a P/E ratio of 22.51, Evercore is valued reasonably in the context of its industry. The forward P/E of 25.58 suggests anticipated growth. The RoE of 27.92% is a strong indicator of the companys profitability.

Forecasting based on the available data, the upward trend indicated by the short-term SMAs and the reasonable valuation metrics suggest potential for growth. However, the proximity to the 200-day SMA and the 52-week high of $313.00 may indicate a resistance level. Given the current fundamentals and technicals, a potential short-term target could be around $255-$260, assuming the company continues to perform in line with its current ROE and the overall market conditions remain favorable. Conversely, a drop below the 20-day SMA could signal a correction, with a potential support level around $233. A detailed analysis of market trends, competitor performance, and internal financials would be necessary to refine this forecast.