Piper Jaffray Cos. (PJC) Scheduled to Post Earnings on Wednesday
Piper Jaffray Cos. (NYSE:PJC) will be releasing its Q313 earnings data on Wednesday, October 16th. Analysts expect Piper Jaffray Cos. to post earnings of $0.50 per share and revenue of $117.55 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.
Piper Jaffray Cos. (NYSE:PJC) last issued its quarterly earnings data on Wednesday, July 17th. The company reported $0.25 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.55 by $0.30. The company had revenue of $99.80 million for the quarter, compared to the consensus estimate of $116.30 million. During the same quarter last year, the company posted $0.37 earnings per share. Piper Jaffray Cos.’s revenue was down 3.3% compared to the same quarter last year. On average, analysts expect Piper Jaffray Cos. to post $2.65 EPS for the current fiscal year and $2.51 EPS for the next fiscal year.
Piper Jaffray Cos. (NYSE:PJC) opened at 34.24 on Tuesday. Piper Jaffray Cos. has a 52-week low of $26.00 and a 52-week high of $42.56. The stock has a 50-day moving average of $34.16 and a 200-day moving average of $33.63. The company has a market cap of $552.6 million and a P/E ratio of 13.66.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Piper Jaffray Cos. from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, August 14th. They now have a $38.20 price target on the stock. Analysts at TheStreet downgraded shares of Piper Jaffray Cos. from a “buy” rating to a “hold” rating in a research note to investors on Friday, July 19th. Five investment analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and a consensus price target of $37.05.
Piper Jaffray Companies is an investment bank and asset management firm, serving the needs of corporations, private equity groups, public entities, non-profit entities and institutional investors in the United States and internationally.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.