Jefferies Financial Group Inc (NYSE: JEF) has reported E.P.S. of $0.71 for its first fiscal quarter (ending February 28) versus $0.56 for the same period a year ago. For the latest four quarters through February 28, E.P.S. were $1.28 versus $2.40 for the same period a year ago.
Recent Price Action
On 3/27/24, Jefferies Financial Group Inc (NYSE: JEF) stock enjoyed a large increase of 2.0%, closing at $46.13. Moreover, unusually high trading volume at 170% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 4.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, JEF is expected to continue to be a Value Builder.
Jefferies Financial Group has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Jefferies Financial Group has a very high Power Rating of 86 and a very high Appreciation Score of 94, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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