Analysts’ expectations for Jefferies Financial Group Inc (JEF) stock: $37 price target in 12 months

Jefferies Financial Group Inc [JEF] stock is trading at $44.02, up 0.96%. An important factor to consider is whether the stock is rising or falling in short-term value. The JEF shares have gain 1.50% over the last week, with a monthly amount glided 7.05%, and seem to be holding up well over a long-time horizon.

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On 6, March 2024, Jefferies Issues 2024 Sustainability Report. In a post published today on Yahoo Finance, Advancing Jefferies’ sustainability and diversity efforts remain core to our values, with over $22 million in charitable contributions and expanded scope of emission offsets last year.

From an analyst’s perspective:

Jefferies Financial Group Inc [NYSE: JEF] stock has seen the most recent analyst activity on August 22, 2023, when Goldman upgraded its rating to a Buy and also boosted its price target to $40 from $37. Previously, Morgan Stanley upgraded its rating to Equal-Weight on July 12, 2023, and elevated its price target to $36. On April 12, 2023, downgrade downgraded it’s rating to Underweight and revised its price target to $27 on the stock. Goldman downgraded its rating to a Neutral but stick to its price target of $40 on January 11, 2023. Keefe Bruyette downgraded its rating to a Mkt Perform and reduced its price target to $37 on December 22, 2022. Keefe Bruyette upgraded its rating to Outperform for this stock on September 06, 2022, and upped its price target to $38. In a note dated December 16, 2021, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $40 on this stock.

Jefferies Financial Group Inc [JEF] stock has fluctuated between $28.34 and $44.64 over the past year. Currently, Wall Street analysts expect the stock to reach $37 within the next 12 months. Jefferies Financial Group Inc [NYSE: JEF] shares were valued at $44.02 at the most recent close of the market. An investor can expect a potential drop of -15.95% based on the average JEF price forecast.

Analyzing the JEF fundamentals

Jefferies Financial Group Inc [NYSE:JEF] reported sales of 7.29B for the trailing twelve months, which represents a drop of -15.86%. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.05 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.66.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 43.55 points at the first support level, and at 43.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.34, and for the 2nd resistance point, it is at 44.67.

Jefferies Financial Group Inc [JEF] reported earnings per share of $0.29 for its fiscal quarter that ended on 11/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.34/share, meaning a difference of -$0.05 and a surprise factor of -14.70%. By comparison, the stated earnings for the previous quarter ended on 8/30/2023 were $0.22 per share as compared to estimates of $0.33 per share, a difference of -$0.11 representing a surprise of -33.30%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.28, the price to book ratio is 0.95 and price to earnings (TTM) ratio is 39.89.

Transactions by insiders

Recent insider trading involved STEINBERG JOSEPH S, Chairman of the Board, that happened on Aug 04 ’23 when 0.13 million shares were sold. Chairman of the Board, STEINBERG JOSEPH S completed a deal on Aug 03 ’23 to sell 0.35 million shares. Meanwhile, Chairman of the Board STEINBERG JOSEPH S sold 0.23 million shares on Aug 02 ’23.

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