This summary was created by AI, based on 1 opinions in the last 12 months.
Experts have noted that Piper Sandler Companies experienced a slump in 2022-3 alongside the capital markets, but has since made a strong rebound with 49% revenue growth in Q4 and 129% earnings growth. The stock has rallied significantly since late-October and is currently trading at only 17x PE. With the expectation of more IPOs to come, it is predicted that the company will continue to perform well in the market.
(A Top Pick Jun 17/20, Up 113%) See comments on JPMorgan about capital markets business, which has been sizzling. Lots of synergies from the January 2020 merger. There's tons of liquidity in the market which continues to fuel PIPR. It's unrealistic for this stock to double again, but this will do well.
Piper Sandler Companies is a American stock, trading under the symbol PIPR-N on the New York Stock Exchange (PIPR). It is usually referred to as NYSE:PIPR or PIPR-N
In the last year, 1 stock analyst published opinions about PIPR-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Piper Sandler Companies.
Piper Sandler Companies was recommended as a Top Pick by on . Read the latest stock experts ratings for Piper Sandler Companies.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Piper Sandler Companies In the last year. It is a trending stock that is worth watching.
On 2024-12-13, Piper Sandler Companies (PIPR-N) stock closed at a price of $319.6.
Slumped in 2022-3 along with capital markets, but has rebounded strongly since late last year with 49% revenue growth in Q4 and 129% earnings growth. Has rallied hard since late-October. Trades at only 17x PE. Will do well with more IPOs to come.