As of Thursday close, Jefferies Financial Group Inc.’s (NYSE:JEF) stock was down -$0.44, moving down -1.16 percent to $37.49. The average number of shares traded per day over the past five days has been 2,263,040 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.71 fall in that time frame. In the last twenty days, the average volume was 1,433,135, while in the previous 50 days, it was 1,262,040.
Since last month, JEF stock rose 9.46%. Shares of the company fell to $34.22 on 08/23/23, the lowest level in the past month. A 52-week high of $40.68 was reached on 01/04/23 after having rallying from a 52-week low of $27.48. Since the beginning of this year, JEF’s stock price has risen by 14.45% or $3.21, and marked a new high 2 times. However, the stock has declined by -7.84% since its 52-week high.
JEF stock investors should be aware that Jefferies Financial Group Inc. (JEF) stock had its last reported insider trading activity 49 days ago on Aug 04. STEINBERG JOSEPH S, the Chairman of the Board of the company, disposed of 134,217 shares for $35.79 on Aug 04. It resulted in a $4,803,224 divestment by the insider. STEINBERG JOSEPH S sold 346,984 shares at an average price of $35.68 on Aug 03. The insider now owns 15,878,401 shares following the transaction. On Aug 02, Chairman of the Board STEINBERG JOSEPH S sold 225,311 shares at $35.87 apiece. The transaction was valued at $8,081,185.
Valuation Metrics
Right now, Jefferies Financial Group Inc. (JEF) has a P/E ratio of about 19.42. The stock’s beta is 1.41. Besides these, the trailing price-to-sales (P/S) ratio of 1.16, the price-to-book (PB) ratio of 0.94, and the price-to-cash flow ratio of 40.11 may also be considered.
The latest dividend of $0.30 per share was paid out, remained unchanged from last year’s $0.30. On Wednesday January 12 2022, a $0.05 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending May 30 was 1.09, and the total debt-to-equity ratio was 3.50. On the profitability front, the trailing twelve-month gross margin is 66.10% percent. In the year ended May 30, operating margins totaled 9.60%. Based on annual data, JEF earned $5.54 billion in gross profit and brought in $5.98 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.90%. Return on equity (ROE) for the past 12 months was 4.80%.
In Jefferies Financial Group Inc.’s quarter-end financial report for May 30, it reported total debt of $8.79 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. JEF’s revenue rose 2.0% to $1.78 billion during the quarter, while net income inched up to $1.65 billion. While analysts expected Jefferies Financial Group Inc. to report $0.27 quarterly earnings, the actual figure was $0.05 per share, beating the consensus estimate by -81.50%. During the quarter, the company generated $191.34 million in EBITDA. The liabilities of Jefferies Financial Group Inc. were 43.97 billion at the end of its most recent quarter ended May 30, and its total debt was $24.08 billion. The value of shareholders’ equity is $220.92 million.
Technical Picture
This quick technical analysis looks at Jefferies Financial Group Inc.’s (JEF) price momentum. With a historical volatility rate of 22.50%, the RSI 9-day stood at 56.21% on 21 September.
With respect to its five-day moving average, the current Jefferies Financial Group Inc. price is down by -1.86% percent or -$0.71. At present, JEF shares trade +8.13% above its 20-day simple moving average and +17.05% percent above its 100-day simple moving average. However, the stock is currently trading approximately +6.35% above its SMA50 and -0.64% below its SMA200.
Stochastic coefficient K was 71.12% and Stochastic coefficient D was 80.71%, while ATR was 0.76. Given the Stochastic reading of 57.69% for the 14-day period, the RSI (14) reading has been calculated as 59.37%. As of today, the MACD Oscillator reading stands at 0.16, while the 14-day reading stands at 0.55.
Analyst Ratings
Goldman upgraded its rating on Jefferies Financial Group Inc. (NYSE: JEF) to a Buy in a note to investors on August 22, 2023. The analysts firm previously had a Neutral rating on the stock.Jefferies Financial Group Inc. (JEF) has been rated Overweight by analysts. According to 0 brokerage firms, JEF is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Jefferies Financial Group Inc. stock as buy, with 2 recommending it as overweight.
With a median target price of $41.00, the current consensus forecast for the stock is $36.00 – $43.00. Based on these forecasts, analysts predict Jefferies Financial Group Inc. (JEF) will achieve an average price target of $40.00.
