Somewhat Positive Press Coverage Somewhat Unlikely to Impact Cowen Group (COWN) Stock Price

Media headlines about Cowen Group (NASDAQ:COWN) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cowen Group earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 45.5840623092591 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Shares of Cowen Group (COWN) traded down $0.40 during mid-day trading on Friday, hitting $14.50. 430,528 shares of the stock traded hands, compared to its average volume of 256,954. The company has a market cap of $450.78, a P/E ratio of 40.28 and a beta of 1.58. Cowen Group has a 12-month low of $12.45 and a 12-month high of $18.25. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.16.

Cowen Group (NASDAQ:COWN) last announced its quarterly earnings data on Thursday, October 26th. The financial services provider reported $0.26 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.11. The firm had revenue of $182.60 million for the quarter, compared to the consensus estimate of $181.96 million. Cowen Group had a net margin of 2.29% and a return on equity of 1.54%. The company’s revenue was up 19.0% on a year-over-year basis. During the same period last year, the firm earned $0.10 EPS.

COWN has been the topic of several recent analyst reports. Instinet restated a “neutral” rating and set a $18.00 price objective (up from $17.00) on shares of Cowen Group in a research report on Friday, August 11th. Nomura raised their price objective on shares of Cowen Group from $17.00 to $18.00 and gave the company a “neutral” rating in a research report on Thursday, August 10th. Finally, BidaskClub downgraded shares of Cowen Group from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th.

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About Cowen Group

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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