Jefferies Financial Group Inc. (NYSE:JEF) finished Friday with a subtraction of -$0.05 to close at $35.02, a downside of -0.14 percent. An average of 1,106,960 shares of common stock have been traded in the last five days. There was a fall of -$0.48 in the past week, and it reached a new high 8 times over the past 12 months. The last 20 days have seen an average of 1,263,410 shares traded, while the 50-day average volume stands at 1,203,278.
JEF stock has decreased by -1.96% in the last month. The company shares reached their 1-month lowest point of $34.43 on 08/08/23. With the stock rallying to its 52-week high on 01/04/23, shares of the company touched a low of $27.48 and a high of $40.68 in 52 weeks. It has reached a new high 2 times so far this year and achieved 6.91% or $0.74 in price. In spite of this, the price is down -13.91% from the 52-week high.
Insider Transactions
JEF stock investors should be aware that Jefferies Financial Group Inc. (JEF) stock had its last reported insider trading activity 8 days ago on Aug 04. In this transaction, the insider spent $4,803,224. Chairman of the Board, STEINBERG JOSEPH S, disposed of 346,984 shares at a price of $35.68 on Aug 03. The insider now owns more than $12,379,695 worth of shares. Prior to that, Chairman of the Board STEINBERG JOSEPH S went on to Sale 225,311 shares at $35.87 each on Aug 02. An amount of $8,081,185 was transacted.
Valuation Metrics
Jefferies Financial Group Inc. (JEF) has a trailing price-to-earnings (P/E) ratio of 18.15. The stock’s beta is 1.43. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.10, the price-to-book (PB) ratio at 0.88.
Financial Health
Further, the company has a long term debt to equity ratio of 1.09 and a total debt to equity ratio of 3.50 for the recent quarter. Its gross profit as reported stood at $5.54 billion compared to revenue of $5.98 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Jefferies Financial Group Inc.’s return on assets was 0.90%.
Earnings Surprise
For the recent quarter, Jefferies Financial Group Inc. had $8.79 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $8.88 million in the quarter, while revenues of $127.56 million were shrunk -1247.97%. Shareholders own equity worth $220.92 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Jefferies Financial Group Inc. (JEF) price momentum. RSI 9-day as of the close on 11 August was 33.82%, suggesting the stock is Neutral, with historical volatility in this time frame at 6.83%.
As of today, JEF’s price is $35.24 -1.35% or -$0.48 from its 5-day moving average. JEF is currently trading -0.82% lower than its 20-day SMA and +13.89% higher than its 100-day SMA. However, the stock’s current price level is +16.46% above the SMA50 and +5.48% above the SMA200.
The stochastic %K and %D were 19.42% and 21.55%, respectively, and the average true range (ATR) was 0.69. With the 14-day stochastic at 17.91% and the average true range at 0.71, the RSI (14) stands at 46.62%. The stock has reached -0.42 on the 9-day MACD Oscillator while the 14-day reading was at -0.93.
Analyst Ratings
Morgan Stanley upgraded Jefferies Financial Group Inc. (NYSE: JEF) to a an Equal-weight rating in its most recent analyst report. Previously, the stock was rated as an Underweight. The consensus rating for Jefferies Financial Group Inc. (JEF) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell JEF, while 3 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is JEF’s price target for the next 12 months?
Analysts predict a range of price targets between $36.00 and $39.00, with a median target of $37.00. Taking a look at these predictions, the average price target given by analysts for Jefferies Financial Group Inc. (JEF) stock is $37.33.
