Jefferies Financial Group (NYSE:JEF) issued its earnings results on Sunday. The financial services provider reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.61, MarketWatch Earnings reports. Jefferies Financial Group had a return on equity of 7.65% and a net margin of 13.50%.
Shares of NYSE JEF traded up $0.34 during trading on Tuesday, hitting $25.16. The stock had a trading volume of 41,258 shares, compared to its average volume of 2,105,759. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.79 and a quick ratio of 1.79. The firm has a fifty day moving average of $23.61 and a two-hundred day moving average of $19.27. Jefferies Financial Group has a 12 month low of $11.20 and a 12 month high of $25.32. The company has a market capitalization of $6.43 billion, a PE ratio of 11.61 and a beta of 1.45.
A number of analysts have commented on JEF shares. ValuEngine upgraded shares of Jefferies Financial Group from a “strong sell” rating to a “sell” rating in a research note on Friday, November 13th. Keefe, Bruyette & Woods upgraded shares of Jefferies Financial Group from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $17.00 to $21.00 in a report on Wednesday, September 16th. Oppenheimer reiterated a “buy” rating and set a $26.00 price target on shares of Jefferies Financial Group in a research note on Thursday, September 24th. Finally, Zacks Investment Research downgraded Jefferies Financial Group from a “buy” rating to a “hold” rating in a research note on Tuesday, September 15th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $22.00.
Jefferies Financial Group Company Profile
Jefferies Financial Group Inc, a diversified financial services company, engages in investment banking and capital markets, asset management, and direct investing businesses in the Americas, Europe, the Middle East, Africa, and Asia. The company also offers equities research, sales, and trading services; equity finance services comprising financing, securities lending, and other prime brokerage services; and wealth management services to high net worth individuals, their families and businesses, private equity and venture funds, and small institutions.
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