Switch to:
Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash-to-Debt 0.30
COWN's Cash-to-Debt is ranked higher than
78% of the 775 Companies
in the Global Capital Markets industry.

( Industry Median: 9999.00 vs. COWN: 0.30 )
Ranked among companies with meaningful Cash-to-Debt only.
COWN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3  Med: 16.26 Max: 544.1
Current: 0.3
0.3
544.1
Equity-to-Asset 0.23
COWN's Equity-to-Asset is ranked lower than
70% of the 703 Companies
in the Global Capital Markets industry.

( Industry Median: 0.55 vs. COWN: 0.23 )
Ranked among companies with meaningful Equity-to-Asset only.
COWN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15  Med: 0.4 Max: 0.75
Current: 0.23
0.15
0.75
Debt-to-Equity 0.53
COWN's Debt-to-Equity is ranked higher than
64% of the 353 Companies
in the Global Capital Markets industry.

( Industry Median: 0.47 vs. COWN: 0.53 )
Ranked among companies with meaningful Debt-to-Equity only.
COWN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0  Med: 0.11 Max: 1.25
Current: 0.53
0
1.25
Debt-to-EBITDA 3.29
COWN's Debt-to-EBITDA is ranked higher than
56% of the 420 Companies
in the Global Capital Markets industry.

( Industry Median: 3.13 vs. COWN: 3.29 )
Ranked among companies with meaningful Debt-to-EBITDA only.
COWN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.16  Med: -0.02 Max: 27.94
Current: 3.29
-2.16
27.94
Piotroski F-Score: 1
Altman Z-Score: 0.34
Beneish M-Score: -2.19
WACC vs ROIC
-14.70%
0.93%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry
vs
history
Operating Margin % -0.66
COWN's Operating Margin % is ranked lower than
87% of the 756 Companies
in the Global Capital Markets industry.

( Industry Median: 16.93 vs. COWN: -0.66 )
Ranked among companies with meaningful Operating Margin % only.
COWN' s Operating Margin % Range Over the Past 10 Years
Min: -52.64  Med: -19.38 Max: -0.66
Current: -0.66
-52.64
-0.66
Net Margin % -6.14
COWN's Net Margin % is ranked lower than
85% of the 755 Companies
in the Global Capital Markets industry.

( Industry Median: 13.05 vs. COWN: -6.14 )
Ranked among companies with meaningful Net Margin % only.
COWN' s Net Margin % Range Over the Past 10 Years
Min: -110.98  Med: -9.57 Max: 39.09
Current: -6.14
-110.98
39.09
ROE % -6.79
COWN's ROE % is ranked lower than
88% of the 762 Companies
in the Global Capital Markets industry.

( Industry Median: 6.16 vs. COWN: -6.79 )
Ranked among companies with meaningful ROE % only.
COWN' s ROE % Range Over the Past 10 Years
Min: -52.55  Med: -6.83 Max: 28.21
Current: -6.79
-52.55
28.21
ROA % -1.66
COWN's ROA % is ranked lower than
84% of the 779 Companies
in the Global Capital Markets industry.

( Industry Median: 1.88 vs. COWN: -1.66 )
Ranked among companies with meaningful ROA % only.
COWN' s ROA % Range Over the Past 10 Years
Min: -24.72  Med: -1.9 Max: 7.87
Current: -1.66
-24.72
7.87
ROC (Joel Greenblatt) % 274.20
COWN's ROC (Joel Greenblatt) % is ranked higher than
79% of the 618 Companies
in the Global Capital Markets industry.

( Industry Median: 20.63 vs. COWN: 274.20 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
COWN' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -371.24  Med: -10.28 Max: 379.78
Current: 274.2
-371.24
379.78
3-Year Revenue Growth Rate 16.00
COWN's 3-Year Revenue Growth Rate is ranked higher than
71% of the 642 Companies
in the Global Capital Markets industry.

( Industry Median: 4.90 vs. COWN: 16.00 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
COWN' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: 0  Med: -4.4 Max: 23.7
Current: 16
0
23.7
3-Year EBITDA Growth Rate -6.20
COWN's 3-Year EBITDA Growth Rate is ranked lower than
86% of the 548 Companies
in the Global Capital Markets industry.

( Industry Median: 7.10 vs. COWN: -6.20 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
COWN' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: 0  Med: 0 Max: 70.2
Current: -6.2
0
70.2
GuruFocus has detected 5 Warning Signs with Cowen Inc COWN.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» COWN's 30-Y Financials

Financials (Next Earnings Date: 2018-08-03)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q3 2017

COWN Guru Trades in Q3 2017

Ken Fisher 231,477 sh (+7.48%)
Chuck Royce 62,706 sh (unchged)
Richard Snow 65,047 sh (-5.58%)
John Rogers 1,602,274 sh (-14.66%)
» More
Q4 2017

COWN Guru Trades in Q4 2017

John Rogers 2,129,096 sh (+32.88%)
Ken Fisher 240,418 sh (+3.86%)
Chuck Royce 62,706 sh (unchged)
Richard Snow 63,157 sh (-2.91%)
» More
Q1 2018

COWN Guru Trades in Q1 2018

Richard Snow 301,687 sh (+377.68%)
John Rogers 2,165,788 sh (+1.72%)
Chuck Royce 62,706 sh (unchged)
Ken Fisher 236,109 sh (-1.79%)
» More
Q2 2018

COWN Guru Trades in Q2 2018

Ken Fisher 178,623 sh (-24.35%)
» More
» Details

Insider Trades

Latest Guru Trades with COWN

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Ken Fisher 2018-06-30 Reduce -24.35%$13.2 - $15.9 $ 14.25-5%178,623
John Rogers 2018-03-31 Add 1.72%0.01%$12 - $14.8 $ 14.255%2,165,788
Ken Fisher 2018-03-31 Reduce -1.79%$12 - $14.8 $ 14.255%236,109
John Rogers 2017-12-31 Add 32.88%0.08%$13.6 - $17.95 $ 14.25-5%2,129,096
Ken Fisher 2017-12-31 Add 3.86%$13.6 - $17.95 $ 14.25-5%240,418
John Rogers 2017-09-30 Reduce -14.66%0.06%Premium Member Access $17.75 $ 14.25-20%1,602,274
John Rogers 2017-09-30 Reduce -14.66%0.05%$15.65 - $17.75 $ 14.25-13%1,602,274
Ken Fisher 2017-09-30 Add 7.48%$15.65 - $17.75 $ 14.25-13%231,477
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of Cowen Inc

SymbolPriceYieldDescription
CWNGP.PFD0.000.00A
CWGRP.PFD890.006.32A

Business Description

Industry: Brokers & Exchanges » Capital Markets    NAICS: 523110    SIC: 6211
Compare:NSE:CDSL, TSE:8706, MEX:MONEX B, XKRX:001720, XKRX:023410, KAR:JSCL, ISX:PADI, XKRX:003530, OTCPK:CRCW, XPAR:VIL, HKSE:00717, BKK:AIRA, STC:HCM, TSX:CF, HKSE:01428, XAMS:BINCK, NYSE:GHL, HKSE:01469, BOM:532285, NSE:CARERATING » details
Traded in other countries:CGI1.Germany,
Headquarter Location:USA
Cowen Inc is a United States-based company. It provides alternative investment management, investment banking, research, sales and trading and prime brokerage services through its two business segments, investment management and broker-dealer.

Cowen Inc is a United States-based company that provides financial services and operates through two segments. The investment management segment offers products and solutions including hedge fund strategies, alternative solutions, Ramius trading strategies, and real estate and healthcare royalty partners, in order to address clients' specific needs. The broker-dealer segment offers research, brokerage, and investment banking services to companies and institutional clients. Investment banking services include strategic advisory and capital raising services for companies in specific sectors. The company generates its revenue from the broker-dealer segment. It offers services to clients in different countries.

Top Ranked Articles about Cowen Inc

CORRECTION - Cowen Research and Headset Partner to Deliver Proprietary Data and Thought-Leadership in Analysis of Emerging Legal Cannabis Industry
Cowen Announces Closing of Underwriters’ Exercise of Over-Allotment Option to Purchase an Additional $10.0 Million of 7.75% Senior Notes Due 2033
Cowen Research and Headset Partner to Deliver Proprietary Data and Thought-Leadership in Analysis of Emerging Legal Cannabis Industry
Cowen Inc. Announces Closing of Public Offering of 7.75% Senior Notes Due 2033
Cowen Announces Pricing of $90 Million Senior Notes Offering
Cowen Announces Pricing of $90 Million Senior Notes Offering
Consolidated Research: 2018 Summary Expectations for AdvanSix, Flagstar, CalAmp, Agree Realty, Cowen Group, and BioTelemetry — Fundamental Analysis, Key Performance Indications
Analysts Take Action on Health Care Stocks Cowen reduced price target on Allergan; Jefferies, Morgan Stanley and Stifel raised their targets on Abbott Labs
Recently analysts have released their new ratings on some health care stocks. Read more...
Cowen Upgrades Altria Group Company set a target price of $71 per share of the US tobacco giant
Cowen Inc. (NASDAQ:COWN) released new ratings for Altria Group Inc. (NYSE:MO) with a new target price. Read more...

Ratios

vs
industry
vs
history
PB Ratio 0.53
COWN's PB Ratio is ranked higher than
82% of the 743 Companies
in the Global Capital Markets industry.

( Industry Median: 1.33 vs. COWN: 0.53 )
Ranked among companies with meaningful PB Ratio only.
COWN' s PB Ratio Range Over the Past 10 Years
Min: 0.17  Med: 0.62 Max: 1.04
Current: 0.53
0.17
1.04
PS Ratio 0.56
COWN's PS Ratio is ranked higher than
88% of the 716 Companies
in the Global Capital Markets industry.

( Industry Median: 3.81 vs. COWN: 0.56 )
Ranked among companies with meaningful PS Ratio only.
COWN' s PS Ratio Range Over the Past 10 Years
Min: 0.24  Med: 1.12 Max: 3.05
Current: 0.56
0.24
3.05
EV-to-EBIT 6.43
COWN's EV-to-EBIT is ranked lower than
99.99% of the 580 Companies
in the Global Capital Markets industry.

( Industry Median: 15.49 vs. COWN: 6.43 )
Ranked among companies with meaningful EV-to-EBIT only.
COWN' s EV-to-EBIT Range Over the Past 10 Years
Min: -118  Med: -0.1 Max: 136.9
Current: 6.43
-118
136.9
EV-to-EBITDA 5.74
COWN's EV-to-EBITDA is ranked lower than
99.99% of the 589 Companies
in the Global Capital Markets industry.

( Industry Median: 13.63 vs. COWN: 5.74 )
Ranked among companies with meaningful EV-to-EBITDA only.
COWN' s EV-to-EBITDA Range Over the Past 10 Years
Min: -74.1  Med: -0.1 Max: 423.4
Current: 5.74
-74.1
423.4
EV-to-Revenue 0.91
COWN's EV-to-Revenue is ranked lower than
99.99% of the 683 Companies
in the Global Capital Markets industry.

( Industry Median: 4.20 vs. COWN: 0.91 )
Ranked among companies with meaningful EV-to-Revenue only.
COWN' s EV-to-Revenue Range Over the Past 10 Years
Min: -6.2  Med: -0.35 Max: 4.7
Current: 0.91
-6.2
4.7
Current Ratio 0.60
COWN's Current Ratio is ranked lower than
56% of the 401 Companies
in the Global Capital Markets industry.

( Industry Median: 1.78 vs. COWN: 0.60 )
Ranked among companies with meaningful Current Ratio only.
COWN' s Current Ratio Range Over the Past 10 Years
Min: 0.6  Med: 1.79 Max: 121.15
Current: 0.6
0.6
121.15
Quick Ratio 0.60
COWN's Quick Ratio is ranked lower than
55% of the 401 Companies
in the Global Capital Markets industry.

( Industry Median: 1.68 vs. COWN: 0.60 )
Ranked among companies with meaningful Quick Ratio only.
COWN' s Quick Ratio Range Over the Past 10 Years
Min: 0.6  Med: 1.79 Max: 121.15
Current: 0.6
0.6
121.15
Days Sales Outstanding 21.90
COWN's Days Sales Outstanding is ranked higher than
64% of the 431 Companies
in the Global Capital Markets industry.

( Industry Median: 50.40 vs. COWN: 21.90 )
Ranked among companies with meaningful Days Sales Outstanding only.
COWN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.9  Med: 150.68 Max: 199.23
Current: 21.9
21.9
199.23

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -2.00
COWN's 3-Year Average Share Buyback Ratio is ranked higher than
91% of the 348 Companies
in the Global Capital Markets industry.

( Industry Median: -2.60 vs. COWN: -2.00 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
COWN' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -100.1  Med: -1 Max: 0
Current: -2
-100.1
0

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 0.62
COWN's Price-to-Tangible-Book is ranked higher than
79% of the 703 Companies
in the Global Capital Markets industry.

( Industry Median: 1.36 vs. COWN: 0.62 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
COWN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.29  Med: 0.73 Max: 1.9
Current: 0.62
0.29
1.9
Price-to-Median-PS-Value 0.51
COWN's Price-to-Median-PS-Value is ranked higher than
77% of the 605 Companies
in the Global Capital Markets industry.

( Industry Median: 1.00 vs. COWN: 0.51 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
COWN' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.33  Med: 0.87 Max: 2.65
Current: 0.51
0.33
2.65
Earnings Yield (Greenblatt) % 15.56
COWN's Earnings Yield (Greenblatt) % is ranked lower than
89% of the 776 Companies
in the Global Capital Markets industry.

( Industry Median: 4.21 vs. COWN: 15.56 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
COWN' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -3573.3  Med: -0.8 Max: 21631.3
Current: 15.56
-3573.3
21631.3

More Statistics

Revenue (TTM) (Mil) $766.04
EPS (TTM) $ -1.85
Beta0.78
Volatility32.72%
52-Week Range $11.63 - 18.25
Shares Outstanding (Mil)29.50

Piotroski F-Score Details

Piotroski F-Score: 11
Positive ROAN
Positive CFROAN
Higher ROA yoyN
CFROA > ROAN
Lower Leverage yoyN
Higher Current Ratio yoyN
Less Shares Outstanding yoyN
Higher Gross Margin yoyN
Higher Asset Turnover yoyY

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}