The stock of Jefferies Financial Group Inc. (NYSE:JEF) increased by $0.15 on Friday to finish at $34.73, up 0.43 percent. The last five days have seen an average of 804,320 shares of common stock traded. 2 times new highs were reached in the current year, with a gain of $0.45. The average number of shares traded over the last 20 days was 1,077,410, while the average volume over the last 50 days totaled 1,201,026.
JEF stock dropped -6.03% since last month. On 08/17/23, the company’s shares reached a one-month low of $33.74. The stock touched a high of $40.68 on 01/04/23, after rallying from a low of $27.48 in 52 weeks. The price of JEF stock has risen by 6.03% or $0.45 this year, reaching a new high 2 times. Still, the stock price is down -14.63% from the 52-week high.
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Insider Transactions
JEF stock investors should be aware that Jefferies Financial Group Inc. (JEF) stock had its last reported insider trading activity 24 days ago on Aug 04. On Aug 04, Chairman of the Board STEINBERG JOSEPH S sold 134,217 shares at $35.79 each. This transaction resulted in the insider making $4,803,224. On Aug 03, STEINBERG JOSEPH S sold 346,984 shares at a price of US$35.68. After the transaction, the insider now owns 15,878,401 shares. Chairman of the Board STEINBERG JOSEPH S had earlier sold 225,311 shares on Aug 02 for $35.87 a share. The transaction was completed for $8,081,185.
Valuation Metrics
Jefferies Financial Group Inc. (JEF) has a trailing price-to-earnings (P/E) ratio of 17.99. Beta for the stock is 1.43. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.08, the price-to-book (PB) ratio of 0.87, and the price-to-cash flow ratio of 37.45.
Company paid $0.30 per share in dividends, remained unchanged from $0.30 last year. A $0.05 dividend increase was reported on Wednesday January 12 2022.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending May 30 is 1.09, and the total debt to equity ratio is 3.50. As far as profitability goes, gross margin for the trailing twelve months is 66.10% percent. Jefferies Financial Group Inc.’s operating margin stood at 9.60% for the same period. Based on annual data, it had gross profit of $5.54 billion and revenue of $5.98 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. JEF’s return on assets (ROA) during the last 12 months has been 0.90%. There was a 1.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 4.80%.
Earnings Surprise
According to Jefferies Financial Group Inc.’s quarterly financial report for the quarter that ended May 30. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.65 billion, while revenues rose by 2.0% to $1.78 billion. It was predicted that Jefferies Financial Group Inc.’s quarterly earnings would be $0.05, but it ended up being $0.27, beating the consensus by -81.50%. EBITDA was $191.34 million for the quarter. At the end of Jefferies Financial Group Inc.’s most recent quarter ended May 30, its liabilities totaled 43.97 billion, while its total debt was $24.08 billion. Equity owned by shareholders amounts to $220.92 million.
Technical Picture
Here’s a quick look at Jefferies Financial Group Inc.’s (JEF) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 47.89%, suggesting the stock is Neutral, with a 11.67% historical volatility rate.
The stochastic %K and %D were 44.71% and 35.73% respectively, while the average true range (ATR) was 0.66. Based on the 14-day stochastic reading of 51.16%, the RSI (14) reading is 48.31%. On the 9-day MACD Oscillator, the stock is at 0.29, and the 14-day reading is at 0.02.
Analyst Ratings
In its most recent analyst report, Goldman raised its rating on Jefferies Financial Group Inc. (NYSE: JEF) to a Buy. Prior to this, analysts firm rated the stock as a Neutral. Analysts have assigned Jefferies Financial Group Inc. (JEF) an Overweight rating. JEF is a stock that is recommended for selling by 0 brokerage firms, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 2 others recommend it as a buy.
What is JEF’s price target for the next 12 months?
The current consensus forecast for the stock is between $36.00 and $40.00, with a median target price of $39.00. In analyzing these forecasts, the average price target given by analysts for Jefferies Financial Group Inc. (JEF) is $38.33.
