Cowen Group Inc

Company Profile

Cowen Group Inc had its IPO on 2006-07-13 under the ticker symbol COWN.

The company operates in the Financial Services sector and Capital Markets industry. Cowen Group Inc has a staff strength of 0 employees.

Stock update

Shares of Cowen Group Inc opened at $38.99 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $38.99 - $38.99, and closed at $38.99.

This is a 0% increase from the previous day's closing price.

A total volume of 0 shares were traded at the close of the day’s session.

In the last one week, shares of Cowen Group Inc have increased by +0.39%.

Cowen Group Inc's Key Ratios

Cowen Group Inc has a market cap of $1.10 billion, indicating a price to book ratio of 1.028 and a price to sales ratio of 0.7763.

In the last 12-months Cowen Group Inc’s revenue was $1.28 billion with a gross profit of $866.14 million and an EBITDA of $0. The EBITDA ratio measures Cowen Group Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Cowen Group Inc’s operating margin was 5.24% while its return on assets stood at 1.08% with a return of equity of 5.03%.

In Q4, Cowen Group Inc’s quarterly earnings growth was a negative -83.1% while revenue growth was a negative 25.8%.

Cowen Group Inc’s PE and PEG Ratio

Forward PE

7.1429

Trailing PE

17.6425

PEG

1.08

Its diluted EPS in the last 12-months stands at $2.21 per share while it has a forward price to earnings multiple of 7.1429 and a PEG multiple of 1.08. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Cowen Group Inc’s profitability.

Cowen Group Inc stock is trading at a EV to sales ratio of 0.2531 and a EV to EBITDA ratio of 2.1131. Its price to sales ratio in the trailing 12-months stood at 0.7763.

Cowen Group Inc stock pays annual dividends of $0.48 per share, indicating a yield of 1.23% and a payout ratio of 19.05%.

Balance sheet and cash flow metrics

Total Assets

$8.83 billion

Total Liabilities

$859.30 million

Operating Cash Flow

$0

Capital Expenditure

$9.62 million

Dividend Payout Ratio

19.05%

Cowen Group Inc ended 2023 with $8.83 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $8.83 billion while shareholder equity stood at $1.35 billion.

Cowen Group Inc ended 2023 with $0 in deferred long-term liabilities, $859.30 million in other current liabilities, in common stock, $553.59 million in retained earnings and $234.01 million in goodwill. Its cash balance stood at $1.14 billion and cash and short-term investments were $1.36 billion. The company’s total short-term debt was $705,383,000 while long-term debt stood at $1.82 billion.

Cowen Group Inc’s total current assets stands at $3.23 billion while long-term investments were $3.99 billion and short-term investments were $225.18 million. Its net receivables were $1.86 billion compared to accounts payable of $153.92 million and inventory worth $0.

In 2023, Cowen Group Inc's operating cash flow was $0 while its capital expenditure stood at $9.62 million.

Comparatively, Cowen Group Inc paid $0.19 in dividends in 2023.

Other key metrics

Current Trading Price

$38.99

52-Week High

$39.01

52-Week Low

$21.1553

Analyst Target Price

$46

Cowen Group Inc stock is currently trading at $38.99 per share. It touched a 52-week high of $39.01 and a 52-week low of $39.01. Analysts tracking the stock have a 12-month average target price of $46.

Its 50-day moving average was $38.7 and 200-day moving average was $35.42 The short ratio stood at 22.52 indicating a short percent outstanding of 0%.

Around 614.7% of the company’s stock are held by insiders while 11189.5% are held by institutions.