Pzena Investment Management provides investment services to individuals, typically high net worth individuals, investment companies, charitable organizations, corporations, state or municipal government entities, pension and profit sharing plans, and pooled investment vehicles. The company was founded in 1995 and is based in New York City, New York.
PZN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for PZN, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Pzena Investment Management Inc ranked in the 60th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 82.67%. The most interesting components of our discounted cash flow analysis for Pzena Investment Management Inc ended up being:
As a business, PZN is generating more cash flow than merely 24.02% of positive cash flow stocks in the Financial Services.
The business' balance sheet reveals debt to be 3% of the company's capital (with equity being the remaining amount). Approximately only 10.79% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
PZN's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 50.36% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
FFG, JEF, AIZ, FHI, and CRD.A can be thought of as valuation peers to PZN, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
St James’s Place has fired Paul Boyne from running its £679m Global Income fund. Manulife Investment Management’s Boyne, who was formerly a senior fund manager at Invesco Perpetual, will be replaced by value-oriented managers, as SJP changes the fund’s strategy. SJP split the management of the fund between three fund managers: Pzena Investment Management, Sanders […] The post SJP fires ex-Invesco manager from £679m fund appeared first on Money Marketing .