PIPR Intrinsic Value Calculation – PIPER SANDLER COMPANIES Reports Earnings Results for Q2 FY2023
August 24, 2023
🌥️Earnings Overview
On July 28 2023, PIPER SANDLER COMPANIES ($NYSE:PIPR) reported their second quarter FY2023 earnings results, for the period ending June 30 2023, which showed total revenue of USD 276.4 million, a decrease of 18.2% compared to the same quarter in the previous year. Net income also declined 81.5%, to USD 4.0 million.
Market Price
The stock opened at $146.1 and closed at $150.0, a 0.2% increase from the previous closing price of $149.8. This increase in share price reflects the company’s positive quarterly results and outlook for the future. This demonstrates that the company is performing well despite the global economic downturn. The company is also looking forward to future growth and stability. PIPER SANDLER COMPANIES is confident in its ability to continue generating strong returns and provide a higher level of service to its clients. The company has also announced plans to expand its operations by opening new offices in North America and Asia.
Overall, PIPER SANDLER COMPANIES reported positive results for the second quarter of FY2023. The increase in share price is a testament to the company’s strong performance and outlook for the future. Investors should be encouraged by these results and look forward to what the company has in store next. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for PIPR. More…
| Total Revenues | Net Income | Net Margin |
| 1.26k | 82.22 | 7.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for PIPR. More…
| Operations | Investing | Financing |
| 57.43 | -127.1 | -250.06 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for PIPR. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.8k | 564.49 | 68.67 |
Key Ratios Snapshot
Some of the financial key ratios for PIPR are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.5% | – | – |
| FCF Margin | ROE | ROA |
| 2.4% | 6.1% | 3.5% |
Analysis – PIPR Intrinsic Value Calculation
At GoodWhale, we conducted an analysis of PIPER SANDLER COMPANIES’s wellbeing and our proprietary Valuation Line found the fair value of PIPER SANDLER COMPANIES share to be around $82.7. However, currently PIPER SANDLER COMPANIES stock is being traded at a price of $150.0; meaning it is currently overvalued by 81.3%. Our analysis suggests that investors should exercise caution while making decisions about investing in this company. More…
Peers
Piper Sandler Companies is a leading investment bank and brokerage firm that offers a wide range of financial services and products to its clients. The company has a strong presence in the US and UK markets and is known for its quality research, innovative products and services. Piper Sandler Companies competes with a number of other investment banks and brokerage firms in the US and UK markets.
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Avonmore Capital & Management Services Ltd is a leading provider of financial and investment management services. The company has a market capitalization of 1.89 billion as of 2022 and a return on equity of 52.67%. Avonmore Capital & Management Services Ltd provides a wide range of services including investment management, financial planning, and advisory services. The company has a strong focus on providing quality services to its clients and has a long history of success in the industry.
Summary
Piper Sandler Companies reported their second quarter FY2023 earnings on July 28 2023. Total revenue was USD 276.4 million, a decrease of 18.2% compared to the same quarter of the previous year. Net income also decreased 81.5%, standing at only USD 4.0 million. Investors should take note of the significant decline in profitability, and analyze growth trends of Piper Sandler Companies over the next few quarters to assess the long-term investment potential of the company.
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