2.30%
5.21%
11.80%
29.69%
72.97%
113.13%
274.07%
AI Spotlight on PIPR
Company Description
Piper Sandler Companies operates as an investment bank and institutional securities firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally.The company offers investment banking and institutional sales, trading, and research services for various equity and fixed income products.It provides advisory services, such as mergers and acquisitions, equity private placements, and debt and restructuring advisory; raises capital through equity and debt financings; underwrites municipal issuances; and offers municipal financial advisory and loan placement services, as well as various over-the-counter derivative products.
The company also offers public finance investment banking services that focus on state and local governments, and cultural and social service non-profit entities, as well as the education, healthcare, hospitality, senior living, and transportation sectors.In addition, it provides equity and fixed income advisory and trade execution services for institutional investors, and government and non-profit entities.Further, the company is involved in the alternative asset management funds merchant banking and healthcare to invest firm capital and to manage capital from outside investors, as well as trading activities.
The company was formerly known as Piper Jaffray Companies and changed its name to Piper Sandler Companies in January 2020.Piper Sandler Companies was founded in 1895 and is headquartered in Minneapolis, Minnesota.
Market Data
| Last Price | 317.14 |
| Change Percentage | 2.30% |
| Open | 327 |
| Previous Close | 310.01 |
| Market Cap ( Millions) | 5639 |
| Volume | 196794 |
| Year High | 351.8 |
| Year Low | 177.8 |
| M A 50 | 314.5 |
| M A 200 | 267.29 |
Financial Ratios
| FCF Yield | 10.25% |
| Dividend Yield | 1.10% |
| ROE | 14.65% |
| Debt / Equity | 15.37% |
| Net Debt / EBIDTA | -66.45% |
| Price To Book | 4.33 |
| Price Earnings Ratio | 30.77 |
| Price To FCF | 9.75 |
| Price To sales | 3.71 |
| EV / EBITDA | 21.28 |
News
- Jan -31 - Piper Sandler Companies (PIPR) Q4 2024 Earnings Call Transcript
- Jan -31 - Piper Sandler Companies (PIPR) Q4 Earnings and Revenues Beat Estimates
- Jan -09 - XSMO: Outperforming For A Few Years, Unconvincing In The Long Run
- Jan -06 - Piper Sandler: Mid-Market But Better Indexed To Lax FTC (Rating Upgrade)
- Jan -06 - Piper Sandler Hires Three Key Infrastructure Investment Bankers
- Dec -20 - Piper downgrades Innovative Industrial to Underweight on tenant default
- Dec -20 - Innovative Industrial downgraded to Underweight from Neutral at Piper Sandler
- Nov -27 - Apse Capital Announces Closing of €350 Million Continuation Fund Led by J.P. Morgan Asset Management
- Nov -21 - Piper Sandler Strengthens Financial Services Group with the Addition of Matt Somma
- Nov -11 - ProAssurance downgraded to Neutral from Overweight at Piper Sandler
- Nov -11 - Piper Sandler ups Nvidia target, elevates to top large-cap pick
- Oct -31 - Piper Sandler and BC Partners Credit Announce Strategic Alliance
- Oct -28 - Piper Sandler Expands Energy Equity Research with the Addition of Derek Podhaizer
- Oct -25 - Piper Sandler Companies (PIPR) Beats Q3 Earnings Estimates
- Oct -25 - Piper Sandler Companies (PIPR) Q3 2024 Earnings Call Transcript
- Oct -18 - Piper Sandler Bolsters Fixed Income Team with the Addition of Brian Vescio
- Oct -09 - Piper Sandler Completes 48th Semi-Annual Taking Stock With Teens® Survey
- Sep -23 - Hormel Foods Elects New Member to its Board of Directors
- Sep -09 - Scientia Vascular Announces $14 Million Growth Financing Led by Piper Sandler Merchant Banking
- Aug -26 - Piper Sandler Completes Acquisition of Aviditi Advisors
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Capital Markets
Expected Growth : 13 %
What the company do ?
Piper Sandler's Capital Markets segment provides investment banking and advisory services, including equity and debt capital markets, mergers and acquisitions, and restructuring advisory services to corporate clients.
Why we expect these perspectives ?
Piper Sandler Companies' 13% growth in Capital Markets is driven by increasing institutional trading volumes, strong equity issuance activity, and a growing presence in fixed income and derivatives. Additionally, strategic acquisitions and investments in technology have enhanced the company's capabilities, contributing to its robust growth.
Piper Sandler Companies Products
| Product Range | What is it ? |
|---|---|
| Equity Capital Markets | Piper Sandler's equity capital markets team provides a range of services, including initial public offerings, follow-on offerings, and equity-linked transactions. |
| Debt Capital Markets | Piper Sandler's debt capital markets team provides debt financing solutions, including high-yield bonds, investment-grade bonds, and leveraged loans. |
| Mergers and Acquisitions Advisory | Piper Sandler's mergers and acquisitions advisory team provides strategic advice to clients on buying and selling businesses, including cross-border transactions. |
| Equity Research | Piper Sandler's equity research team provides in-depth analysis and insights on publicly traded companies, covering a range of industries and sectors. |
| Fixed Income Sales and Trading | Piper Sandler's fixed income sales and trading team provides liquidity and execution services for a range of fixed income products, including government securities, corporate bonds, and municipal bonds. |
| Public Finance | Piper Sandler's public finance team provides financial advisory services to municipalities, schools, and other public entities, helping them to access the capital markets and achieve their financing goals. |
Piper Sandler Companies's Porter Forces
Threat Of Substitutes
Piper Sandler Companies operates in a highly competitive industry, and there are many substitutes available to clients. However, the company's strong brand reputation and diversified product offerings help to mitigate the threat of substitutes.
Bargaining Power Of Customers
Piper Sandler Companies' clients are primarily institutional investors and corporations, which have limited bargaining power due to the company's strong market position and diversified product offerings.
Bargaining Power Of Suppliers
Piper Sandler Companies relies on a network of suppliers for its operations, including technology providers and market data vendors. While the company has some bargaining power due to its size and reputation, suppliers still have some negotiating power.
Threat Of New Entrants
The financial services industry has high barriers to entry, including regulatory hurdles and significant capital requirements. This limits the threat of new entrants and allows established players like Piper Sandler Companies to maintain their market position.
Intensity Of Rivalry
The financial services industry is highly competitive, with many established players competing for market share. Piper Sandler Companies faces intense rivalry from other investment banks and financial institutions, which can lead to pricing pressure and margin compression.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 19.20% |
| Debt Cost | 10.16% |
| Equity Weight | 80.80% |
| Equity Cost | 10.88% |
| WACC | 10.74% |
| Leverage | 23.76% |
Piper Sandler Companies : Quality Control
Piper Sandler Companies passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| PJT | PJT Partners Inc., an investment bank, provides various strategic and capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments worldwide. … |
| HLI | Houlihan Lokey, Inc., an investment banking company, provides merger and acquisition (M&A), capital market, financial restructuring, and financial and valuation advisory services worldwide. It operates in three segments: Corporate Finance, … |
| JEF | Jefferies Financial Group Inc. engages in the investment banking and capital markets, and asset management businesses in the Americas, Europe, the Middle East, Africa, and Asia. The company operates in … |
| EVR | Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. It operates through two segments, Investment Banking … |
| SF | Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Jefferies
A-Score
1-Year Total Return ->
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Stifel Financial
A-Score
1-Year Total Return ->
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Piper Sandler
A-Score
1-Year Total Return ->
4
PJT Partners
A-Score
1-Year Total Return ->
5
Houlihan Lokey
A-Score
1-Year Total Return ->
6
