Cowen (COWN) Receiving Positive Media Coverage, Study Finds

News coverage about Cowen (NASDAQ:COWN) has trended positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cowen earned a media sentiment score of 0.33 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 45.1972461555871 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Several research analysts recently weighed in on COWN shares. Nomura cut their target price on shares of Cowen from $18.00 to $16.00 and set a “neutral” rating for the company in a research note on Tuesday, October 31st. BidaskClub raised shares of Cowen from a “strong sell” rating to a “sell” rating in a research note on Friday, December 22nd.

Shares of Cowen (NASDAQ:COWN) traded up $0.30 during mid-day trading on Monday, reaching $14.15. 214,700 shares of the company traded hands, compared to its average volume of 337,108. Cowen has a 12-month low of $12.45 and a 12-month high of $18.25. The firm has a market cap of $439.89, a P/E ratio of 70.75 and a beta of 1.58. 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 (NASDAQ:COWN) last announced its earnings results on Thursday, October 26th. The financial services provider reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.11. Cowen had a net margin of 2.29% and a return on equity of 1.54%. The firm had revenue of $182.60 million during the quarter, compared to the consensus estimate of $181.96 million. During the same quarter in the previous year, the company posted $0.10 EPS. The firm’s revenue for the quarter was up 19.0% on a year-over-year basis.

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About Cowen

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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