Last Updated: 14 Sep 2024
Executive Summary
Jefferies Financial Group Inc. (JEF) is a leading investment bank and capital markets firm with a global presence. The company has a strong track record of financial performance, with consistent revenue and earnings growth. JEF is currently trading at $58.54, near the high end of its 52-week range. The stock is undervalued based on its fundamentals and has a favorable technical outlook. Analysts are bullish on JEF, with a consensus rating of "Buy."
Company Overview
Jefferies Financial Group Inc. is headquartered in New York City and has a global presence with offices in the Americas, Europe, the Middle East, Africa, and Asia. The company offers a range of financial services, including investment banking, capital markets, asset management, and direct investment. JEF has a strong reputation for its expertise in the healthcare, technology, and financial sectors.
Fundamental Analysis
JEF has a strong financial profile. The company has consistently generated revenue and earnings growth over the past several years. In the latest quarter, JEF reported revenue of $5.77 billion, an increase of 0.596% year-over-year. Net income was $247.5 million, a decrease of 11.68% year-over-year. The company's profit margin is 7.84%, and its return on equity is 4.5%. JEF has a strong balance sheet with $12.03 billion in cash and equivalents and $1.84 billion in debt.
Technical Analysis
JEF is currently trading at $58.54, near the high end of its 52-week range. The stock has been in an uptrend since early 2023 and is currently testing its 200-day moving average. The stock's relative strength index (RSI) is 65, indicating that it is overbought. However, the stock's moving average convergence divergence (MACD) is positive, indicating that the uptrend is likely to continue.
Short Term Outlook
In the short term, JEF is likely to continue to trade in a range between $55 and $60. The stock is overbought, but the uptrend is still intact. A break above $60 would be a bullish signal, while a break below $55 would be a bearish signal.
Long Term Outlook
In the long term, JEF is a buy. The company has a strong financial profile, a favorable technical outlook, and a positive analyst consensus. The stock is undervalued based on its fundamentals and is likely to continue to perform well over the next several years.
Analyst Recommendations
Analysts are bullish on JEF. The consensus rating is "Buy," with a price target of $63. One analyst has a "Strong Buy" rating, two analysts have "Buy" ratings, and one analyst has a "Hold" rating. No analysts have "Sell" or "Strong Sell" ratings.
