Jefferies Financial Group Inc (NYSE:JEF) finished Wednesday with a subtraction of -$0.01 to close at $36.24, a downside of -0.03 percent. An average of 1,525,100 shares of common stock have been traded in the last five days. There was a fall of -$1.69 in the past week, and it reached a new high 18 times over the past 12 months. The last 20 days have seen an average of 1,586,770 shares traded, while the 50-day average volume stands at 1,296,228.
JEF stock has increased by 3.31% in the last month. The company shares reached their 1-month lowest point of $34.89 on 08/28/23. 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 10.64% or $1.96 in price. In spite of this, the price is down -10.91% 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 55 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 18.58. The stock’s beta is 1.40. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.01, the price-to-book (PB) ratio at 0.86, and the price-to-cash flow ratio at 2.14.
The company has a payout ratio of 39.20%. The company’s most recent quarterly dividend payment was $0.30 a share, without any change from last year. Its latest increase dividend $0.05 reported on Wednesday January 12 2022.
Financial Health
Further, the company has a long term debt to equity ratio of 0.96 and a total debt to equity ratio of 2.34 for the quarter ending May 30. Its gross profit as reported stood at $5.54 billion compared to revenue of $5.98 billion.
Earnings Surprise
For the three-month period that ended May 30, 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%. The analyst consensus anticipated Jefferies Financial Group Inc’s latest quarter earnings to come in at $0.27 per share, but it turned out to be $0.05, a -81.50% surprise. For the quarter, EBITDA amounted to $191.34 million. 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 27 September was 37.62%, suggesting the stock is Neutral, with historical volatility in this time frame at 13.14%.
As of today, JEF’s price is $36.85 -4.46% or -$1.69 from its 5-day moving average. JEF is currently trading +1.88% higher than its 20-day SMA and +24.62% higher than its 100-day SMA. However, the stock’s current price level is -0.71% below the SMA50 and +1.20% above the SMA200.
The stochastic %K and %D were 16.62% and 29.93%, respectively, and the average true range (ATR) was 0.73. With the 14-day stochastic at 13.01% and the average true range at 0.72, the RSI (14) stands at 45.59%. The stock has reached -0.97 on the 9-day MACD Oscillator while the 14-day reading was at -0.86.
Analyst Ratings
Goldman upgraded Jefferies Financial Group Inc (NYSE: JEF) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Neutral.
