Piper Jaffray Companies ($PJC) Confident Investor Rating: Poor
Company name | Piper Jaffray Companies |
Stock ticker | PJC |
Live stock price | [stckqut]PJC[/stckqut] |
P/E compared to competitors | Good |
MANAGEMENT EXECUTION
Employee productivity | Fair |
Sales growth | Poor |
EPS growth | Poor |
P/E growth | Good |
EBIT growth | Poor |
ANALYSIS
Confident Investor Rating | Poor |
Target stock price (TWCA growth scenario) | $46.35 |
Target stock price (averages with growth) | $45.13 |
Target stock price (averages with no growth) | $38.71 |
Target stock price (manual assumptions) | $38.04 |
The following company description is from Google Finance: http://www.google.com/finance?q=pjc
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. The Company operates in two segments: Capital Markets and Asset Management. The Capital Markets segment provides investment banking and institutional sales, trading and research services for various equity and fixed income products. The Asset Management segment includes traditional asset management activities and related services. The Company markets the investment banking and institutional securities business under Piper Jaffray name. Its asset management business is marketed under Advisory Research, Inc. In July 2013, Piper Jaffray Companies announced that it has completed its purchase of Seattle-Northwest Securities Corporation. In July 2013, the Company announced that it has completed its purchase of Edgeview Partners L.P.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in Piper Jaffray Companies.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
[s2If current_user_can(s2member_level1)]
In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
Stock price at the time of the calculation: $43.41
Growth: 0.07
Current EPS (TTM): $3.12
P/E: 14
Future EPS Calc: $4.37
Future Stock Price Calc: $61.26
Target stock price: $38.03
I hope that this makes you a better investor. [/s2If]