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Upturn AI SWOT - About
PIPR 
Piper Sandler Companies (PIPR)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
04/01/2025: PIPR (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit 16.43% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.46B USD | Price to earnings Ratio 24.59 | 1Y Target Price 302.5 |
Price to earnings Ratio 24.59 | 1Y Target Price 302.5 | ||
Volume (30-day avg) 138473 | Beta 1.45 | 52 Weeks Range 179.91 - 347.27 | Updated Date 04/1/2025 |
52 Weeks Range 179.91 - 347.27 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 1.05% | Basic EPS (TTM) 10.23 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 11.87% | Operating Margin (TTM) 26.57% |
Management Effectiveness
Return on Assets (TTM) 7.16% | Return on Equity (TTM) 11.6% |
Valuation
Trailing PE 24.59 | Forward PE - | Enterprise Value 3840846080 | Price to Sales(TTM) 2.92 |
Enterprise Value 3840846080 | Price to Sales(TTM) 2.92 | ||
Enterprise Value to Revenue 3.09 | Enterprise Value to EBITDA - | Shares Outstanding 17730400 | Shares Floating 17192489 |
Shares Outstanding 17730400 | Shares Floating 17192489 | ||
Percent Insiders 2.33 | Percent Institutions 82.08 |
Analyst Ratings
Rating 3 | Target Price 317 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 4 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Piper Sandler Companies
Company Overview
History and Background
Piper Sandler Companies was founded in 1895 as Piper Jaffray & Hopwood. Over time, it evolved from a municipal bond house to a full-service investment bank. In 2020, it rebranded as Piper Sandler Companies.
Core Business Areas
- Investment Banking: Advisory services, underwriting, and private placements for corporations, financial sponsors, and government entities.
- Institutional Brokerage: Sales and trading services for institutional investors in fixed income and equities.
- Asset Management: Provides investment management services to individuals, families, and institutions.
Leadership and Structure
Chad R. Abraham is the Chairman and CEO. The company is structured with business line heads reporting to the CEO, with support from functional departments like finance, legal, and HR.
Top Products and Market Share
Key Offerings
- Mergers and Acquisitions Advisory: Advises companies on mergers, acquisitions, divestitures, and restructurings. Competitors include Goldman Sachs (GS), Morgan Stanley (MS), and JPMorgan Chase (JPM). Market share fluctuates based on deal volume and size.
- Equity Underwriting: Helps companies raise capital through initial public offerings (IPOs) and follow-on offerings. Competitors include Goldman Sachs (GS), Morgan Stanley (MS), and JPMorgan Chase (JPM). Revenue varies significantly based on IPO market activity.
- Debt Underwriting: Assists companies in issuing bonds to raise capital. Competitors include Goldman Sachs (GS), Morgan Stanley (MS), and JPMorgan Chase (JPM). Piper Sandler is strong in the financial institutions group space.
Market Dynamics
Industry Overview
The investment banking industry is highly competitive and cyclical, influenced by economic conditions, interest rates, and regulatory changes.
Positioning
Piper Sandler is a middle-market focused investment bank, specializing in specific sectors like financial services, healthcare, and energy. Its competitive advantage lies in its sector expertise and strong client relationships.
Total Addressable Market (TAM)
The total addressable market for investment banking is estimated to be hundreds of billions of dollars annually. Piper Sandler is positioned to capture a portion of this market by focusing on the middle market segment.
Upturn SWOT Analysis
Strengths
- Strong sector expertise
- Established client relationships
- Experienced management team
- Focus on the middle market
Weaknesses
- Smaller scale compared to bulge bracket banks
- Dependence on specific sectors
- Potential for cyclical revenue fluctuations
- Lower brand awareness relative to larger competitors.
Opportunities
- Expansion into new sectors
- Growth in the middle market
- Increased M&A activity
- Technological advancements
Threats
- Economic downturns
- Increased competition
- Regulatory changes
- Geopolitical risks
Competitors and Market Share
Key Competitors
- GS
- MS
- JPM
- LAZ
- HLI
Competitive Landscape
Piper Sandler competes with larger bulge bracket firms and smaller boutique investment banks. It differentiates itself through sector expertise and middle-market focus.
Major Acquisitions
Cornerstone Macro
- Year: 2022
- Acquisition Price (USD millions): 450
- Strategic Rationale: Expanded research capabilities and broadened product offerings for institutional investors.
Growth Trajectory and Initiatives
Historical Growth: Piper Sandler's growth has been driven by strategic acquisitions and organic expansion in its core sectors.
Future Projections: Analyst estimates project continued growth in revenue and earnings, driven by M&A activity and capital markets activity.
Recent Initiatives: Recent initiatives include investments in technology, expansion of sector coverage, and strategic acquisitions.
Summary
Piper Sandler is a middle-market focused investment bank with strengths in specific sectors. Its sector expertise and established client relationships are key advantages. Revenue cyclicality and smaller scale remain challenges, while strategic acquisitions and market expansion offer growth opportunities. Overall, Piper Sandler appears to be a solid company with clear advantages but it should look out for market challenges as it moves forward.
Similar Companies
GS
Goldman Sachs Group Inc
GS
Goldman Sachs Group Inc
HLI
Houlihan Lokey Inc
HLI
Houlihan Lokey Inc
JPM
JPMorgan Chase & Co
JPM
JPMorgan Chase & Co
LAZ
Lazard Ltd
LAZ
Lazard Ltd
MS
Morgan Stanley
MS
Morgan Stanley
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market share data is approximate and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Piper Sandler Companies
Exchange NYSE | Headquaters Minneapolis, MN, United States | ||
IPO Launch date 2004-01-02 | Chairman & CEO Mr. Chad R. Abraham | ||
Sector Financial Services | Industry Capital Markets | Full time employees 1805 | Website https://www.pipersandler.com |
Full time employees 1805 | Website https://www.pipersandler.com | ||
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. It offers investment banking services, institutional sales, and trading services for various equity and fixed income products; research services; advisory services, such as mergers and acquisitions, equity and debt financings, private capital advisory, equity and debt private placements, and debt and restructuring advisory; municipal financial advisory and loan placement services; and various over-the-counter derivative products, as well as underwrites municipal issuances. The company also provides public finance investment banking services that focus on state and local governments, special districts and development infrastructure, project finance, and cultural and social service non-profit entities, as well as the education, healthcare, hospitality, senior living, housing, and transportation sectors. In addition, it offers equity and fixed income advisory and trade execution services for institutional investors, corporations, and government and non-profit entities. Further, the company has alternative asset management funds in merchant banking and healthcare to invest firm capital and to manage capital from outside investors. 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.
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