Piper Jaffray Cos: (NYSE: PJC)

$34.69

1.14 (3.40%)

Volume 224,305

Jun 18 04:00 PM ET

Zacks Rank: 4-Sell

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		33.67 - 34.89
	
		52wk Low - High
		19.35 - 42.56
	
		Previous Close
		33.55
	
		Avg. Volume
		128,606
	
		Industry
		FIN-INVEST BKRS
	
		Market Cap
		579.04 M
	
		Div - Yield
		0.00 - 0.00
	
		Beta
		1.34
	
		P/E (F1)
		14.46
	
		Current Year Est.
		2.32
	
		Quarterly Earnings ESP 
		-10.42%
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

                Premium research
            
		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
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		4
Sell

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
                                                            Zacks Recommendations are an excellent predictor of stock price movement over a 6+ month time frame. The recommendations come from the Zacks Equity Research group which combines the Zacks Rank with the insights from their team of over 50 equity analysts. The result is superior long term stock ratings.
The Zacks Recommendations are split into 3 groups: Buy, Hold and Sell. Our Buy recommendations have generated returns of 34.4% in 2006, and 16.69% in 2007. When Zacks Premium members click on the recommendation it will launch them to the Zacks Equity Research report for the stock.    More on these reports below.

                                                                    Difference Between Zacks Rank and Zacks Recommendation

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		Neutral
	
		Zacks Industry Rank Which industries are set to outperform or underperform the market? You'll find the answer here. We have broken down all industries into over 200 classifications. Then ranked these industries using the most powerful indicator we know (the Zacks Rank). The higher the industry rank, the better the industry should perform in the future. Once you have found an attractive industry then check out the Rank in Industry to find the best stocks within the industry.
When Zacks Premium members click on the Zacks Industry Rank link they will see the full listing of industries and their current rankings.

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                                                                Zacks Industry Rank - All current industry ranks. 

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		175 out of 265
	
		Equity Research Report The Zacks Recommendations and Zacks Target Prices are just two of the valuable resources you'll find in the reports created by the Zacks Equity Research group. When Zacks Premium members click on this link they will taken to a page that gives them access to the Zacks Equity Research report for the stock.

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Updated as of 06/11/2013

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                Key Earnings Data
            
                            P/E (F1)
                            14.46
                        
                            PEG Ratio
                            0.90
                        
                            Current Year Est.
                            2.32
                        
                            Current Quarter Estimate
                            0.48
                        
                            Most Accurate Estimate
                            0.43
                        
                            Earnings ESP 
                            -10.42%
                        
                            Next Earnings Report Date
                            07-17-2013
                        
                            EPS Last Year
                            2.51
                        
                            Expected Earnings Growth
                            16.00%
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
Piper Jaffray Companies is a focused securities firm dedicated to delivering superior financial advice, investment products and transaction execution within selected sectors of the financial services marketplace. They operate through two primary revenue-generating segments: Capital Markets and Private Client Services. Investment Research, an independent group reporting to the CEO, supports clients of both segments. The firm serves corporations, government and non-profit entities, and institutional investors on a national basis.   
Full PJC Company Report

 Snapshot on PJC

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            Interactive Java Charting | Fundamental Charts
        
            <a href="#"><img id="dart_image_1" src="http://b7d61a7c6b8c307bf531-a92a66b9587e2a0aa805bd4e70b98407.r95.cf2.rackcdn.com/images/zacks/logos/zacks_logo_230x76.png" width="336" height="280" border="0" alt="" /></a>        
Turn Earnings Surprises into quick profits.
 
PJC Chart  by YCharts

Earnings Estimates

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (12/2013)	Next Year (12/2014)
Average Estimate	0.48	0.53	2.32	2.55
Number of Estimates	2	2	2	2
Low Estimate	0.43	0.47	2.20	2.45
High Estimate	0.53	0.59	2.44	NA
Year Ago EPS	0.31	0.72	2.70	2.32
EPS Growth	54.84%	-26.39%	-14.07%	9.91%

More PJC Estimates

Average Earnings Estimates for PJC

EPS Growth for PJC

Industry Analysis

Name	Symbol	Previous Close
PIPER JAFFRAY	PJC	33.55
INVEST TECH-NEW	ITG	14.36
LADENBURG THALM	LTS	1.61
COWEN GROUP INC	COWN	3.17
GAIN CAP HLDGS	GCAP	5.93
GOLDMAN SACHS	GS	164.11
LPL FINL HLDGS	LPLA	36.74
ARLINGTON ASSET	AI	28.31
BGC PARTNRS INC	BGCP	5.85
E TRADE FINL CP	ETFC	11.90

Sector:Finance>> Industry:FIN-INVEST BKRS

COMPARE TICKER vs. Its Peers

Zacks Commentary

Schwab's April DATs Rise Y/Y

May 15, 2013

CME Group Upped to Neutral

May 10, 2013

Is Facebook Fatigue Here to Stay?

Apr 26, 2013

Interactive Lowered to Underperform

Mar 19, 2013

Citadel to Offload E*TRADE Stake

Mar 14, 2013

TD Ameritrade's DARTs Inch Down

Mar 13, 2013

Balanced View on Morgan Stanley

Mar 12, 2013

Goldman Reiterated At Neutral

Mar 12, 2013

More PJC Zacks Commentary

Financials

EPS TTM	2.51
Sales	518
Net Income	48
Price/Earnings	13.37
Price/Book	0.69
Price/Cash Flow	8.32
Price/Sales	1.11

More PJC Financials

News

Piper Jaffray Shares Climbing Higher, Up 2.9% - Financial News Network Online - Market Movers

Jun 18, 2013

Piper Jaffray to acquire Edgeview Partners - M2

Jun 18, 2013

Goldman Sachs Group Ranks the Lowest in Terms of P/E Ratio in the Investment Banking & Brokerage Industry (GS, INTL, PJC) - Financial News Network Online - News Corner

Jun 17, 2013

Piper Jaffray Companies Enters Definitive Agreement to Acquire Edgeview Partners - Benzinga

Jun 17, 2013

Piper Jaffray Companies Enters Definitive Agreement to Acquire Edgeview Partners - Businesswire

Jun 17, 2013

Piper Jaffray Shares Sinking Lower, Down 3.5% - Financial News Network Online - Market Movers

Jun 11, 2013

Intel`s Honeymoon Coming to an End? - FOXBusiness.com

Jun 7, 2013

Piper Jaffray Makes a Move: Down 2.3% - Financial News Network Online - Market Movers

Jun 3, 2013

See All News Stories on PJC

Broker Recommendations

Current ABR	2.00
ABR (Last Week)	2.00
# of recs in ABR	3
Average Target Price	38.50
Industry Rank by ABR	175 out of 265
Rank in Industry	18 out of 25

More PJC Broker Recommendations

Day Low - High	33.67 - 34.89
52wk Low - High	19.35 - 42.56
Previous Close	33.55
Avg. Volume	128,606
Industry	FIN-INVEST BKRS
Market Cap	579.04 M
Div - Yield	0.00 - 0.00
Beta	1.34
P/E (F1)	14.46
Current Year Est.	2.32
Quarterly Earnings ESP	-10.42%

P/E (F1)	14.46
PEG Ratio	0.90
Current Year Est.	2.32
Current Quarter Estimate	0.48
Most Accurate Estimate	0.43
Earnings ESP	-10.42%
Next Earnings Report Date	07-17-2013
EPS Last Year	2.51
Expected Earnings Growth	16.00%

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Piper Jaffray Cos: (NYSE: PJC)

$34.69

1.14 (3.40%)

Volume 224,305

Jun 18 04:00 PM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks Recommendation Long-Term: 6+ Months

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description

Earnings Estimates

Industry Analysis

Sector:Finance>> Industry:FIN-INVEST BKRS

Zacks Commentary

Financials

News

Broker Recommendations