Key Highlights:
- Jefferies Financial Group (JEF, Financial) will announce Q2 earnings on June 25th, with analysts forecasting an EPS decrease of 28.1% year-over-year.
- Revenue is expected to decline by 6%, reflecting downward revisions in the past months.
- Current market sentiment indicates an "Outperform" rating, hinting at potential investment opportunities.
Upcoming Earnings Report for Jefferies Financial Group
Jefferies Financial Group (NYSE: JEF) is set to unveil its second-quarter earnings performance on June 25th, after the market closes. Investors keenly await this report, as analysts have projected an earnings per share (EPS) of $0.46, marking a significant 28.1% drop compared to the previous year's same quarter. Revenue forecasts also signal a downturn, with expectations set at $1.56 billion, representing a 6% decline. Notably, adjustments in the past months include one downward revision for EPS and two for revenue.
Wall Street Analysts' Price Targets and Recommendations
Jefferies Financial Group Inc. (JEF, Financial) currently holds varied perspectives on Wall Street, with price targets from three analysts offering valuable insights. The average target is $63.33, with high and low estimates standing at $75.00 and $55.00, respectively. This average target implies a potential upside of 14.44% from the current trading price of $55.34. Investors seeking more detailed estimates can explore the Jefferies Financial Group Inc (JEF) Forecast page.
Additionally, the consensus recommendation from five brokerage firms reflects an average brokerage recommendation of 2.4, which indicates a status of "Outperform." This rating, on a scale from 1 to 5, where 1 is a Strong Buy and 5 is Sell, suggests a favorable outlook for the stock among analysts.
Long-term Value Estimations: GF Value
In terms of intrinsic value, GuruFocus estimates the GF Value of Jefferies Financial Group Inc (JEF, Financial) to be $41.16 in one year. This valuation implies a potential downside of 25.62% from the current market price of $55.34. The GF Value is a measure that considers historical multiples, previous business growth, and projected performance, providing a comprehensive view of what the stock should ideally be valued at. For more detailed insights, visit the Jefferies Financial Group Inc (JEF) Summary page.
Investors should monitor these analyses closely, as they provide critical insights into Jefferies Financial Group's financial health and market potential, essential for making informed investment decisions.
