Somewhat Positive Press Coverage Very Unlikely to Impact Piper Jaffray Companies (NYSE:PJC) Share Price

Media coverage about Piper Jaffray Companies (NYSE:PJC) has been trending somewhat positive this week, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Piper Jaffray Companies earned a media sentiment score of 0.83 on their scale. InfoTrie also assigned news coverage about the financial services provider an news buzz score of 2 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock’s share price in the next several days.

These are some of the news headlines that may have impacted Piper Jaffray Companies’ analysis:

Piper Jaffray Companies stock traded up $0.24 during trading on Monday, hitting $75.18. 68,622 shares of the company were exchanged, compared to its average volume of 70,136. Piper Jaffray Companies has a 52 week low of $61.35 and a 52 week high of $85.80. The company has a market capitalization of $1.10 billion, a P/E ratio of 12.26 and a beta of 1.35.

Piper Jaffray Companies (NYSE:PJC) last announced its quarterly earnings data on Friday, February 1st. The financial services provider reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.64 by $0.35. Piper Jaffray Companies had a return on equity of 11.72% and a net margin of 6.44%. The firm had revenue of $226.78 million during the quarter. On average, sell-side analysts anticipate that Piper Jaffray Companies will post 6.4 EPS for the current fiscal year.

A number of equities analysts have recently weighed in on the company. ValuEngine raised Piper Jaffray Companies from a “sell” rating to a “hold” rating in a research report on Monday, April 1st. TheStreet raised Piper Jaffray Companies from a “c” rating to a “b” rating in a research report on Wednesday, March 13th.

TRADEMARK VIOLATION NOTICE: “Somewhat Positive Press Coverage Very Unlikely to Impact Piper Jaffray Companies (NYSE:PJC) Share Price” was originally posted by Baseball Daily News and is the property of of Baseball Daily News. If you are reading this report on another website, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this report can be read at https://www.baseballdailydigest.com/news/2019/04/15/somewhat-favorable-press-coverage-very-unlikely-to-impact-piper-jaffray-companies-pjc-share-price.html.

Piper Jaffray Companies Company Profile

Piper Jaffray Companies operates as an investment bank and asset management firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. The company's Capital Markets segment offers investment banking and institutional sales, trading, and research services for various equity and fixed income products.

Featured Article: Cost of Equity For A Business, Investors

Receive News & Ratings for Piper Jaffray Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Piper Jaffray Companies and related companies with MarketBeat.com's FREE daily email newsletter.