Jefferies Financial Group (NYSE:JEF) issued its quarterly earnings results on Sunday. The financial services provider reported $1.11 EPS for the quarter, beating 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%.
NYSE:JEF traded up $0.41 during trading hours on Tuesday, reaching $25.23. 28,812 shares of the stock were exchanged, compared to its average volume of 2,105,759. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 1.10. The firm has a 50 day simple moving average of $23.61 and a 200-day simple moving average of $19.27. Jefferies Financial Group has a 52 week low of $11.20 and a 52 week high of $25.32. The stock has a market capitalization of $6.44 billion, a P/E ratio of 11.61 and a beta of 1.45.
A number of research analysts recently commented on the company. Zacks Investment Research downgraded Jefferies Financial Group from a “buy” rating to a “hold” rating in a report on Tuesday, September 15th. ValuEngine raised Jefferies Financial Group from a “strong sell” rating to a “sell” rating in a report on Friday, November 13th. Keefe, Bruyette & Woods raised Jefferies Financial Group from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $17.00 to $21.00 in a report on Wednesday, September 16th. Finally, Oppenheimer reaffirmed a “buy” rating and set a $26.00 target price on shares of Jefferies Financial Group in a report on Thursday, September 24th. One analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $22.00.
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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