Jefferies Financial Group Inc (NYSE: JEF) has reported earnings for its fourth fiscal quarter (ending November 30) of $0.30 versus $0.58 for the same period a year ago — a decline of -48%. However, this result exceeded the consensus estimate of $0.26 by $0.04. For the latest four quarters through November 30, E.P.S. were $1.12 versus $3.13 for the same period a year ago — a decline of -64%.
Recent Price Action
Jefferies Financial Group Inc (NYSE: JEF) stock increased 1.3% on 1/8/24. The shares closed at $40.69. Moreover, exceptionally high trading volume at 257% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
JEF’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Jefferies Financial Group has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Jefferies Financial Group has a good Power Rating of 78 and a very high Appreciation Score of 93, resulting in the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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