$0.24 EPS Expected for Piper Jaffray Companies (PJC)

September 16, 2017 – By Marie Mckinney

Wall Street await Piper Jaffray Companies (NYSE:PJC) to release earnings on October, 12 before the open. Analysts forecast earnings per share of $0.24, down exactly $0.04 or 14.29 % from 2014’s $0.28 EPS. The expected T_PJC’s profit could reach $3.63 million giving the stock 57.40 P/E in the case that $0.24 earnings per share is reported. After posting $0.25 EPS for the previous quarter, Piper Jaffray Companies’s analysts now forecast -4.00 % negative EPS growth. The stock decreased 0.45% or $0.25 on September 15, reaching $55.1. About 114,506 shares traded or 81.64% up from the average. Piper Jaffray Companies (NYSE:PJC) has risen 43.41% since September 16, 2016 and is uptrending. It has outperformed by 26.71% the S&P500.

Piper Jaffray Companies (NYSE:PJC) Ratings Coverage

Among 7 analysts covering Piper Jaffray (NYSE:PJC), 1 have Buy rating, 2 Sell and 4 Hold. Therefore 14% are positive. Piper Jaffray had 14 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Piper Jaffray Companies (NYSE:PJC) has “Outperform” rating given on Friday, October 30 by Keefe Bruyette & Woods. The firm has “Reduce” rating given on Friday, April 28 by TD Securities. The rating was upgraded by Zacks on Tuesday, August 11 to “Hold”. The rating was initiated by Sandler O’Neill with “Buy” on Tuesday, September 22. As per Friday, April 28, the company rating was maintained by BMO Capital Markets. The stock has “Sell” rating by Desjardins Securities on Friday, April 28. Keefe Bruyette & Woods downgraded Piper Jaffray Companies (NYSE:PJC) on Friday, December 11 to “Mkt Perform” rating.

Piper Jaffray Companies is an investment bank and asset management company. The company has market cap of $832.79 million. The Company’s divisions include Capital Markets and Asset Management. It has a 533.45 P/E ratio. The Capital Markets segment provides investment banking and institutional sales, trading and research services for various equity and fixed income products.

More news for Piper Jaffray Companies (NYSE:PJC) were recently published by: Nasdaq.com, which released: “Piper Jaffray Companies (PJC) Ex-Dividend Date Scheduled for August 24, 2017” on August 23, 2017. Nasdaq.com‘s article titled: “Ex-Dividend Reminder: S&P Global, First Hawaiian and Piper Jaffray Companies” and published on August 22, 2017 is yet another important article.