PIPR Stock Fair Value – Piper Sandler Raises Price Target for Meta Platforms to $355.00
October 31, 2023
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Piper Sandler has recently raised their price target for Meta Platforms, the parent company of Facebook, to $355.00. Piper Sandler Companies ($NYSE:PIPR) is an investment bank and asset management firm that provides services to corporations, governments, institutions, and individuals. Their expertise spans a range of products including equity research, public finance, and mergers and acquisitions.
With their team of experienced analysts, they strive to provide valuable insights into market trends and help their clients make informed decisions about their investments. Their recent price target increase for Meta Platforms reflects their bullish outlook and suggests that long-term investments may bring good returns.
Stock Price
On Monday, the stock opened at $137.2 and closed at $138.5, representing a 2.9% increase from the prior closing price of 134.7. This hike in price target could be seen as a vote of confidence in Meta Platforms from Piper Sandler Companies and could indicate further growth for the company in the coming months. 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 Stock Fair Value
At GoodWhale, we conducted an analysis of the fundamentals of PIPER SANDLER COMPANIES. After researching the company’s financials and market conditions, we determined that the intrinsic value of their stock is around $89.2. This calculation was done using our proprietary Valuation Line tool. At the current market price, the stock is trading at $138.5, which is overvalued by 55.3%. Given this, we suggest that investors should exercise caution when considering investing in PIPER SANDLER COMPANIES. 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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Summary
Piper Sandler is an investment banking and asset management firm that provides a variety of financial services to corporations, institutions, governments, and high-net-worth individuals. Piper Sandler recently issued a new $355 price target for Meta Platforms, a tech company that specializes in software engineering and application development. Analysts at Piper Sandler believe that Meta Platforms has strong long-term potential and is well-positioned to capitalize on the growing demand for digital solutions. Piper Sandler analysts have highlighted Meta Platforms’ ability to quickly develop innovative products and efficient user experiences as key drivers of their positive outlook. They believe that the company’s focus on creating a comprehensive platform for businesses and end users will drive sustainable revenue growth.
In addition, they point to the company’s tight collaboration with its clients, which has enabled it to gain early insights into market trends and align its offerings to meet customer needs. Overall, Piper Sandler is confident in the long-term growth prospects of Meta Platforms and is bullish on its future.
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