Jefferies Financial Group Inc (NYSE: JEF)’s stock price has plunge by 0.20relation to previous closing price of 45.84. Nevertheless, the company has seen a 4.60% surge in its stock price over the last five trading sessions. 24/7 Wall Street reported 2024-05-07 that Want retirement to come a few years earlier than you’d planned? Orare you ready to retire now, but want an extra set of eyes on your finances?
Is It Worth Investing in Jefferies Financial Group Inc (NYSE: JEF) Right Now?
Jefferies Financial Group Inc (NYSE: JEF) has a higher price-to-earnings ratio of 37.54x compared to its average ratio, The 36-month beta value for JEF is at 1.33. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for JEF is 157.34M, and currently, shorts hold a 1.35% of that float. The average trading volume for JEF on May 10, 2024 was 1.01M shares.
JEF’s Market Performance
The stock of Jefferies Financial Group Inc (JEF) has seen a 4.60% increase in the past week, with a 5.59% rise in the past month, and a 13.94% gain in the past quarter. The volatility ratio for the week is 1.24%, and the volatility levels for the past 30 days are at 1.87% for JEF. The simple moving average for the last 20 days is 5.90% for JEF stock, with a simple moving average of 18.98% for the last 200 days.
Analysts’ Opinion of JEF
Many brokerage firms have already submitted their reports for JEF stocks, with Goldman repeating the rating for JEF by listing it as a “Buy.” The predicted price for JEF in the upcoming period, according to Goldman is $40 based on the research report published on August 22, 2023 of the previous year 2023.
Morgan Stanley, on the other hand, stated in their research note that they expect to see JEF reach a price target of $36, previously predicting the price at $27. The rating they have provided for JEF stocks is “Equal-Weight” according to the report published on July 12th, 2023.
Morgan Stanley gave a rating of “Underweight” to JEF, setting the target price at $27 in the report published on April 12th of the previous year.
JEF Trading at 5.39% from the 50-Day Moving Average
After a stumble in the market that brought JEF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.08% of loss for the given period.
Volatility was left at 1.87%, however, over the last 30 days, the volatility rate increased by 1.24%, as shares surge +7.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.94% upper at present.
During the last 5 trading sessions, JEF rose by +4.60%, which changed the moving average for the period of 200-days by +24.34% in comparison to the 20-day moving average, which settled at $43.53. In addition, Jefferies Financial Group Inc saw 13.66% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at JEF starting from HANDLER RICHARD B, who sale 1,500,000 shares at the price of $43.50 back on Apr 24 ’24. After this action, HANDLER RICHARD B now owns 15,314,150 shares of Jefferies Financial Group Inc, valued at $65,250,900 using the latest closing price.
STEINBERG JOSEPH S, the Chairman of the Board of Jefferies Financial Group Inc, sale 134,217 shares at $35.79 during a trade that took place back on Aug 04 ’23, which means that STEINBERG JOSEPH S is holding 15,744,184 shares at $4,803,224 based on the most recent closing price.
Stock Fundamentals for JEF
Current profitability levels for the company are sitting at:
- 0.33 for the present operating margin
- 0.7 for the gross margin
The net margin for Jefferies Financial Group Inc stands at 0.07. The total capital return value is set at 0.05. Equity return is now at value 3.20, with 0.55 for asset returns.
Based on Jefferies Financial Group Inc (JEF), the company’s capital structure generated 0.73 points at debt to capital in total, while cash flow to debt ratio is standing at -0.01. The debt to equity ratio resting at 2.75. The interest coverage ratio of the stock is 0.94.
Currently, EBITDA for the company is 3.21 billion with net debt to EBITDA at 6.75. When we switch over and look at the enterprise to sales, we see a ratio of 3.63. The receivables turnover for the company is 1.43for trailing twelve months and the total asset turnover is 0.13.
Conclusion
In conclusion, Jefferies Financial Group Inc (JEF) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
