Jefferies Financial Group Inc. (NYSE:JEF) currently has a daily average trading volume of 1.55M but it saw 971634 shares traded on Thursday. With a market cap of 7.06B USD, stock’s current market price of $30.18 came falling about -0.33 while comparing to the previous closing price of $30.28. In past 52 weeks, the stock remained buoying in the range of price level as high as $40.68 and as low as $24.72. In the recent trading on the day, stock has struck highest price mark of $30.495 while lowest mark touched by it was $29.83.
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Taking a look at 20-day trading activity of Jefferies Financial Group Inc. (JEF) gives us an average price of $30.35, while its current price level is -25.81% below from 52-week high level whereas it is 22.07% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $30.74 while that of 200 days or SMA-200 reads an average of $34.11. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.07% during that period while stretching the period over a month that increases to 2.41%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 45.91 which implies that the stock is in neutral territory.
Jefferies Financial Group Inc. (JEF)’s stock is currently under the radar of 5 analysts who are in consensus at a 12-month price target range of between $27.00 and $40.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $27.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $40.00. Average price target assigned by them is $33.88 which highlights an upside potential of 10.92% for the stock over that period. And to attain the median price target of $34.25 assigned by those analysts, stock has to add about 11.88% of value to its current levels.
Data by FactSet Research shows that 5 analysts have issued their ratings for the stock. 1 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 3 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Hold for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, JEF’s stock price is moving -0.89% down while it is -0.33% when we observe its performance for the past one month. Year-to-date it is -7.86% down and over the past year, the stock is showing an upside performance of 3.76%.
The latest quarterly earnings report issued by the company was for quarter ended 2/27/2023, when its quarterly earnings per share (EPS) of $0.54 beat the consensus estimate of $0.43 for the same. The company is expected to be releasing its next quarterly report in 06/26/2023, for which analysts forecasted an EPS of $0.42 while estimate for next year EPS is $2.18. For JEF, analysts are forecasting an EPS-growth rate of -28.80% for current year and estimate for EPS growth in next year is 76.60%. In next quarter, company is expected to be making quarterly sales of $1.22 billion as analysts are expecting the sales for current fiscal year at $5.07 billion and seeing the company making $5.94 billion in sales next year. Moreover, analysts are in estimates of $1.11 billion for current-quarter revenue.
Currently, Jefferies Financial Group Inc.’s total number of outstanding shares is 239.10M with 25.52% of that held by the insiders while 63.75% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.90%. It has a price to earnings ratio (P/E ratio) of 12.94 while having a 7.83 of forward P/E ratio. Stock’s beta reads 1.41. Stock has a price to book (P/B) ratio of 0.74 while price to sale or P/S ratio amounts to 1.01.
A filing at the U.S. Securities and Exchange Commission revealed that iShares Core S&P Mid Cap ETF came shrinking its share ownership by 0.36% in the Jefferies Financial Group Inc. (JEF) increasing its stake to 2.42% with control over 20171.0 shares in the company. As per SEC documents, iShares Core S&P Mid Cap ETF sought 5,645,949 of company’s common stock of worth $180.84 million as per recent closing price of the stock. iShares Core S&P Mid Cap ETF is not the only institutional holder which restructured its stake in Jefferies Financial Group Inc., as Vanguard Total Stock Market ETF picked 4,952,131 shares of worth $158.62 million to bring its holdings to a total of 26993.0 shares.
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