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Cowen Inc (COWN) Files 10-K for the Fiscal Year Ended on December 31, 2017

- By insider

Cowen Inc (COWN) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Cowen Group 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, alternative investment and broker-dealer. Cowen Inc has a market cap of $432.160 million; its shares were traded at around $14.60 with and P/S ratio of 0.77.


For the last quarter Cowen Inc reported a revenue of $204.5 million, compared with the revenue of $122.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $658.8 million, an increase of 39.7% from last year. For the last five years Cowen Inc had an average revenue growth rate of 19.3% a year.

The reported loss per diluted share was $2.29 for the year. The Cowen Inc had an operating margin of -15%, compared with the operating margin of -16.02% a year before. The 10-year historical median operating margin of Cowen Inc is -25.51%. The profitability rank of the company is 5 (out of 10).

At the current stock price of $14.60, Cowen Inc is traded at 33.4% discount to its historical median P/S valuation band of $21.92. The P/S ratio of the stock is 0.77, while the historical median P/S ratio is 1.12. The stock gained 1.40% during the past 12 months.

For the complete 20-year historical financial data of COWN, click here.

This article first appeared on GuruFocus.