Quick Summary:
- Jefferies Financial Group (JEF, Financial) posts mixed Q2 results with revenue beating expectations but earnings slightly underperforming.
- Analyst price targets suggest a potential upside, while the GF Value indicates a potential downside.
- The stock is currently rated as "Outperform" by brokerage firms, reflecting positive sentiment.
Jefferies Financial Group Inc. (NYSE: JEF) recently released its second-quarter financial results, reporting a GAAP EPS of $0.40, which missed estimates by $0.04. However, the company delivered a robust performance in terms of revenue, clocking in at $1.63 billion, exceeding forecasts by $70 million. Despite this revenue beat, the company's shares saw a dip of 2.18% in after-hours trading as market volatility continues to pose challenges.
Wall Street Analysts Forecast
According to projections from three analysts, the one-year price targets for Jefferies Financial Group Inc (JEF, Financial) average at $63.33, with the highest estimate at $75.00 and the lowest at $55.00. Currently priced at $55.92, this average target implies a potential upside of 13.26%. For a more in-depth understanding, visit the Jefferies Financial Group Inc (JEF) Forecast page.
Brokerage firms have collectively rated Jefferies Financial Group Inc (JEF, Financial) with an average recommendation score of 2.4, positioning it in the "Outperform" category. The rating system spans from 1 for Strong Buy to 5 for Sell, signifying moderate confidence in JEF's potential market performance.
GF Value Analysis
GuruFocus' proprietary metric, the GF Value, estimates Jefferies Financial Group's fair trading value at $42.04. This estimate indicates a potential downside of 24.82% from its current standing of $55.92. The GF Value assessment is derived from historical trading multiples, past business growth, and the anticipated trajectory of the company's performance. More comprehensive details are accessible on the Jefferies Financial Group Inc (JEF, Financial) Summary page.
