The closing price of Jefferies Financial Group Inc (NYSE: JEF) was $43.55 for the day, down -1.25% from the previous closing price of $44.10. In other words, the price has decreased by -$0.55 from its previous closing price. On the day, 1653838 shares were traded.
Ratios:
Our analysis of JEF’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 2.60 whereas as Long-Term Debt/Eq ratio is at 1.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on August 22, 2023, Upgraded its rating to Buy and sets its target price to $40 from $37 previously.
On July 12, 2023, Morgan Stanley Upgraded its rating to Equal-Weight which previously was Underweight and also upped its target price recommendation from $27 to $36.
Morgan Stanley Downgraded its Equal-Weight to Underweight on April 12, 2023, whereas the target price for the stock was revised from $28 to $27.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 04 ’23 when STEINBERG JOSEPH S sold 134,217 shares for $35.79 per share. The transaction valued at 4,803,224 led to the insider holds 15,744,184 shares of the business.
STEINBERG JOSEPH S sold 346,984 shares of JEF for $12,379,695 on Aug 03 ’23. The Chairman of the Board now owns 15,878,401 shares after completing the transaction at $35.68 per share. On Aug 02 ’23, another insider, STEINBERG JOSEPH S, who serves as the Chairman of the Board of the company, sold 225,311 shares for $35.87 each. As a result, the insider received 8,081,185 and left with 16,225,385 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JEF now has a Market Capitalization of 9.18B and an Enterprise Value of 16.75B. As of this moment, Jefferies’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.72, and their Forward P/E ratio for the next fiscal year is 10.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 0.94. Its current Enterprise Value per Revenue stands at 2.25 whereas that against EBITDA is 5.22.
Stock Price History:
Over the past 52 weeks, JEF has reached a high of $47.39, while it has fallen to a 52-week low of $28.81. The 50-Day Moving Average of the stock is 42.22, while the 200-Day Moving Average is calculated to be 37.56.
Shares Statistics:
JEF traded an average of 1.08M shares per day over the past three months and 1.33M shares per day over the past ten days. A total of 210.63M shares are outstanding, with a floating share count of 155.79M. Insiders hold about 26.51% of the company’s shares, while institutions hold 62.46% stake in the company. Shares short for JEF as of Mar 15, 2024 were 2.29M with a Short Ratio of 2.13, compared to 1.64M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.08% and a Short% of Float of 1.27%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.90, JEF has a forward annual dividend rate of 1.20. Against a Trailing Annual Dividend Yield of 2.04%, it implies a Forward Annual Dividend Yield of 2.60%. The stock’s 5-year Average Dividend Yield is 2.94. The current Payout Ratio is 108.81% for JEF, which recently paid a dividend on May 30, 2024 with an ex-dividend date of Feb 15, 2024. Stock splits for the company last occurred on Sep 27, 2019 when the company split stock in a 1068:1000 ratio.
Earnings Estimates
The firm’s stock currently is rated by 3 analysts. On average, analysts expect EPS of $0.78 for the current quarter, with a high estimate of $0.87 and a low estimate of $0.64, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.83, with high estimates of $0.93 and low estimates of $0.66.
Analysts are recommending an EPS of between $3.57 and $2.67 for the fiscal current year, implying an average EPS of $3.24. EPS for the following year is $4.14, with 3 analysts recommending between $4.35 and $3.81.
Revenue Estimates
A total of 3 analysts have provided revenue estimates for JEF’s current fiscal year. The highest revenue estimate was $6.69B, while the lowest revenue estimate was $6.24B, resulting in an average revenue estimate of $6.51B. In the same quarter a year ago, actual revenue was $4.7B, up 38.60% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $7.16B in the next fiscal year. The high estimate is $7.4B and the low estimate is $6.73B. The average revenue growth estimate for next year is up 10.00% from the average revenue estimate for this year.
