Headlines about Cowen Group (NASDAQ:COWN) have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cowen Group earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.2334960694607 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Cowen Group (COWN) opened at $14.40 on Friday. The company has a market capitalization of $447.67, a P/E ratio of 40.00 and a beta of 1.61. Cowen Group has a one year low of $12.00 and a one year high of $18.25. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.79 and a current ratio of 0.79.
Cowen Group (NASDAQ:COWN) last released its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.11. The business had revenue of $182.60 million during the quarter, compared to the consensus estimate of $181.96 million. Cowen Group had a return on equity of 1.54% and a net margin of 2.29%. The firm’s quarterly revenue was up 19.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.10 EPS.
COWN has been the subject of several research analyst reports. BidaskClub downgraded Cowen Group from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Nomura lifted their target price on Cowen Group from $17.00 to $18.00 and gave the stock a “neutral” rating in a research note on Thursday, August 10th. Finally, Instinet reiterated a “neutral” rating and set a $18.00 target price (up from $17.00) on shares of Cowen Group in a research note on Friday, August 11th.
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Cowen Group Company Profile
Cowen Inc, formerly Cowen Group, Inc, is a financial services company. The Company provides alternative investment management, investment banking, research, sales and trading, and prime brokerage services. It operates through two segments: alternative investment and broker-dealer. The alternative investment segment includes private equity structures, registered investment companies and listed investment vehicles.
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