This summary was created by AI, based on 1 opinions in the last 12 months.
Piper Sandler Companies (PIPR-N) experienced a downturn during the 2022-2023 period, affected by broader challenges in the capital markets. However, signs of recovery have emerged as the company posted impressive financial results late last year, showcasing a remarkable 49% revenue growth in the fourth quarter and a staggering 129% increase in earnings. The stock has seen a significant surge since late October, indicating renewed investor interest and confidence in its prospects. With a price-to-earnings ratio of only 17x, the stock appears attractively priced, especially with expectations of an influx of initial public offerings (IPOs) in the near future, which bodes well for the company's growth and profitability.
(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 2025-02-21, Piper Sandler Companies (PIPR-N) stock closed at a price of $286.96.
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.