Last Updated: 09 Nov 2024
Executive Summary
Oppenheimer Holdings Inc. (OPY) is a middle market investment bank and full-service stockbroker with a market capitalization of $637.14 million. The company has a strong financial performance with a trailing PE ratio of 9.55, a dividend yield of 0.0118, and a quarterly earnings growth of 0.785%. Oppenheimer Holdings Inc. has a price target of $37, with 1 analyst rating it as a strong buy.
Company Overview
Oppenheimer Holdings Inc. is headquartered in New York, New York, and provides investment banking, capital markets, private equity, and asset management services to clients in the Americas, Europe, the Middle East, and Asia. The company has a long history dating back to 1882 and has established a strong reputation in the financial industry.
Fundamental Analysis
Oppenheimer Holdings Inc. has shown consistent financial performance in recent years. The company's revenue has grown by 0.192% year-over-year to $12.8 billion, while its diluted EPS has increased by 6.46%. The company has a strong balance sheet with a book value of $81.1 per share and a profit margin of 0.0562.
Technical Analysis
Oppenheimer Holdings Inc.'s stock price has been trending upwards in recent months. The stock is currently trading above its 50-day and 200-day moving averages, indicating a bullish trend. The stock's relative strength index (RSI) is also above 50, indicating that the stock is not overbought.
Short Term Outlook
In the short term, Oppenheimer Holdings Inc.'s stock price is expected to continue to trend upwards. The company's strong financial performance and positive analyst sentiment are likely to support the stock's price. The stock's technical indicators also suggest that the stock is in a bullish trend.
Long Term Outlook
In the long term, Oppenheimer Holdings Inc.'s stock price is expected to continue to grow. The company's strong fundamentals and its position in the growing financial industry are likely to drive the stock's price higher. The company's dividend yield also provides investors with a potential source of income.
Analyst Recommendations
The majority of analysts covering Oppenheimer Holdings Inc. have a positive outlook on the stock. One analyst has a strong buy rating on the stock, while none have a sell rating. The average analyst target price is $37, which represents a potential upside of 11.4% from the current stock price.
