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%.
Shares of NYSE:JEF traded up $0.24 during midday trading on Tuesday, reaching $25.06. The company had a trading volume of 53,108 shares, compared to its average volume of 2,105,759. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.79 and a current ratio of 1.79. Jefferies Financial Group has a 1-year low of $11.20 and a 1-year high of $25.32. The firm has a market cap of $6.40 billion, a price-to-earnings ratio of 11.61 and a beta of 1.45. The company has a fifty day simple moving average of $23.61 and a two-hundred day simple moving average of $19.27.
JEF has been the topic of several research analyst reports. Oppenheimer reiterated a “buy” rating and set a $26.00 price target on shares of Jefferies Financial Group in a research report on Thursday, September 24th. Keefe, Bruyette & Woods raised shares of Jefferies Financial Group from a “market perform” rating to an “outperform” rating and lifted their price objective for the stock from $17.00 to $21.00 in a research note on Wednesday, September 16th. ValuEngine upgraded shares of Jefferies Financial Group from a “strong sell” rating to a “sell” rating in a report on Friday, November 13th. Finally, Zacks Investment Research lowered shares of Jefferies Financial Group from a “buy” rating to a “hold” rating in a research note on Tuesday, September 15th. One analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company. Jefferies Financial Group currently has a consensus rating of “Hold” and a consensus price target 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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