The stock of Jefferies Financial Group Inc (NYSE: JEF) has increased by 0.49 when compared to last closing price of 61.55. Despite this, the company has experienced a -1.01% fall in its stock price over the last five trading sessions. businesswire.com reported 2024-09-30 that NEW YORK–(BUSINESS WIRE)–As previously announced, Jefferies Financial Group Inc. (NYSE: JEF) will host its annual Investor Day on Monday, October 21, 2024, at 9:00 a.m. in Manhattan. The meeting will include management presentations from Rich Handler, our Chief Executive Officer, Brian Friedman, our President, and leaders of our major businesses, as well as an opportunity to present questions to management. To register for the event, which will be hosted both in-person and virtually, investor.
Is It Worth Investing in Jefferies Financial Group Inc (NYSE: JEF) Right Now?
The price-to-earnings ratio for Jefferies Financial Group Inc (NYSE: JEF) is 26.36x, which is above its average ratio. Moreover, the 36-month beta value for JEF is 1.31. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for JEF is 152.52M and currently, short sellers hold a 6.79% of that float. On October 02, 2024, JEF’s average trading volume was 1.50M shares.
JEF’s Market Performance
JEF’s stock has seen a -1.01% decrease for the week, with a 3.17% rise in the past month and a 21.92% gain in the past quarter. The volatility ratio for the week is 2.83%, and the volatility levels for the past 30 days are at 2.64% for Jefferies Financial Group Inc The simple moving average for the past 20 days is 3.91% for JEF’s stock, with a 30.61% simple moving average for the past 200 days.
Analysts’ Opinion of JEF
Many brokerage firms have already submitted their reports for JEF stocks, with UBS repeating the rating for JEF by listing it as a “Buy.” The predicted price for JEF in the upcoming period, according to UBS is $67 based on the research report published on September 17, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see JEF reach a price target of $40, previously predicting the price at $37. The rating they have provided for JEF stocks is “Buy” according to the report published on August 22nd, 2023.
Morgan Stanley gave a rating of “Equal-Weight” to JEF, setting the target price at $36 in the report published on July 12th of the previous year.
JEF Trading at 7.04% 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 -1.79% of loss for the given period.
Volatility was left at 2.64%, however, over the last 30 days, the volatility rate increased by 2.83%, as shares surge +8.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.72% upper at present.
During the last 5 trading sessions, JEF fell by -1.01%, which changed the moving average for the period of 200-days by +64.89% in comparison to the 20-day moving average, which settled at $59.75. In addition, Jefferies Financial Group Inc saw 53.06% 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 SUMITOMO MITSUI FINANCIAL GROU, who purchase 9,247,081 shares at the price of $59.67 back on Sep 19 ’24. After this action, SUMITOMO MITSUI FINANCIAL GROU now owns 9,247,081 shares of Jefferies Financial Group Inc, valued at $551,773,323 using the latest closing price.
JOSEPH STEINBERG, the Officer (Chairman) & Director of Jefferies Financial Group Inc, proposed sale 100,000 shares at $54.13 during a trade that took place back on Aug 15 ’24, which means that JOSEPH STEINBERG is holding shares at $5,413,000 based on the most recent closing price.
Stock Fundamentals for JEF
Current profitability levels for the company are sitting at:
- 0.37 for the present operating margin
- 0.84 for the gross margin
The net margin for Jefferies Financial Group Inc stands at 0.06. The total capital return value is set at 0.06. Equity return is now at value 5.77, with 0.96 for asset returns.
Based on Jefferies Financial Group Inc (JEF), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at -0.02. The debt to equity ratio resting at 2.95. The interest coverage ratio of the stock is 0.96.
Currently, EBITDA for the company is 3.21 billion with net debt to EBITDA at 5.4. When we switch over and look at the enterprise to sales, we see a ratio of 3.62. The receivables turnover for the company is 1.18for trailing twelve months and the total asset turnover is 0.13.
Conclusion
To wrap up, the performance of Jefferies Financial Group Inc (JEF) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
