Jefferies Financial Group (NYSE:JEF) released its quarterly earnings results on Monday. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.19, Briefing.com reports. Jefferies Financial Group had a net margin of 24.03% and a return on equity of 5.63%. The firm had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $844.30 million. During the same quarter last year, the company earned $0.14 EPS. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year.
Shares of NYSE JEF opened at $15.14 on Tuesday. The stock has a market capitalization of $3.87 billion, a price-to-earnings ratio of 4.62 and a beta of 1.43. Jefferies Financial Group has a 52-week low of $11.20 and a 52-week high of $24.03. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 1.10. The stock’s fifty day simple moving average is $14.58 and its 200 day simple moving average is $17.55.
A number of research analysts have weighed in on JEF shares. TheStreet lowered Jefferies Financial Group from a “c-” rating to a “d+” rating in a report on Wednesday, April 15th. ValuEngine upgraded shares of Jefferies Financial Group from a “sell” rating to a “hold” rating in a report on Wednesday, May 6th. Finally, Zacks Investment Research downgraded Jefferies Financial Group from a “buy” rating to a “hold” rating in a research report on Wednesday, June 24th.
About Jefferies Financial Group
Jefferies Financial Group Inc, a financial services company, engages in investment banking and capital markets, asset management, and direct investing businesses in the Americas, Europe, 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.
Featured Story: How is Preferred Stock Different from Common Stock?
Receive News & Ratings for Jefferies Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jefferies Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.