Latest news with #PIPR
Yahoo
01-08-2025
- Business
- Yahoo
Piper Sandler Companies (PIPR) Q2 Earnings and Revenues Beat Estimates
Piper Sandler Companies (PIPR) came out with quarterly earnings of $2.95 per share, beating the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $2.52 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +48.24%. A quarter ago, it was expected that this company would post earnings of $2.42 per share when it actually produced earnings of $4.09, delivering a surprise of +69.01%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Piper Sandler Companies, which belongs to the Zacks Financial - Investment Bank industry, posted revenues of $405.39 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 17.61%. This compares to year-ago revenues of $339.18 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Piper Sandler Companies shares have added about 5.1% since the beginning of the year versus the S&P 500's gain of 7.8%. What's Next for Piper Sandler Companies? While Piper Sandler Companies has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Piper Sandler Companies was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.92 on $406.9 million in revenues for the coming quarter and $12.75 on $1.6 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Investment Bank is currently in the top 7% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, MarketAxess (MKTX), is yet to report results for the quarter ended June 2025. The results are expected to be released on August 6. This operator of bond trading platforms is expected to post quarterly earnings of $1.94 per share in its upcoming report, which represents a year-over-year change of +12.8%. The consensus EPS estimate for the quarter has been revised 1.6% lower over the last 30 days to the current level. MarketAxess' revenues are expected to be $218.18 million, up 10.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Piper Sandler Companies (PIPR) : Free Stock Analysis Report MarketAxess Holdings Inc. (MKTX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-07-2025
- Business
- Yahoo
Piper Sandler Companies (PIPR) Stock Jumps 4.4%: Will It Continue to Soar?
Piper Sandler Companies PIPR shares soared 4.4% in the last trading session to close at $302.62. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 11.5% gain over the past four weeks. Piper Sandler stock increased in price for the second consecutive trading session. There has been growing optimism among investors regarding the performance of investment banks given the gradual rebound in deal-making activities because of some clarity on Trump's tariff plans. Thus, increased investor confidence on improving investment banking business performance probably drove the PIPR stock higher. This company is expected to post quarterly earnings of $1.99 per share in its upcoming report, which represents a year-over-year change of -21%. Revenues are expected to be $344.7 million, up 1.6% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For Piper Sandler Companies, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on PIPR going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Piper Sandler Companies belongs to the Zacks Financial - Investment Bank industry. Another stock from the same industry, Citigroup C, closed the last trading session 1.5% higher at $87.08. Over the past month, C has returned 9.5%. Citigroup's consensus EPS estimate for the upcoming report has changed +0.6% over the past month to $1.62. Compared to the company's year-ago EPS, this represents a change of +6.6%. Citigroup currently boasts a Zacks Rank of #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Piper Sandler Companies (PIPR) : Free Stock Analysis Report Citigroup Inc. (C) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
CTV News
21-05-2025
- Business
- CTV News
Meet the group who raised $2M for Parkinson's research through Ottawa Race Weekend
Partners Investing in Parkinson's Research (PIPR) at Ottawa Race Weekend 2024. Since 2009, the group has raised over $2 million for The Ottawa Hospital. (PIPR/Provided)
