Is NYSE:JEF a Fit for high Growth Investing Strategies?

Our stock screener has spotted JEFFERIES FINANCIAL GROUP IN (NYSE:JEF) as a possible breakout candidate. A technical breakout setup pattern occurs when the stock is consolidating after a nice uptrend. Whether the actual breakout occurs remains to be seen of course, but it may be interesting to keep an eye on NYSE:JEF.

Deciphering the Technical Picture of NYSE:JEF

ChartMill assigns a proprietary Technical Rating to each stock. The score is computed daily by evaluating various technical indicators and properties. The score ranges from 0 to 10.

We assign a technical rating of 9 out of 10 to JEF. In the last year, JEF was one of the better performers, but we do observe some doubts in the very recent evolution.

• The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
• When comparing the yearly performance of all stocks, we notice that JEF is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by JEF over the past year are nicely spread over this period.
• JEF is part of the Capital Markets industry. There are 220 other stocks in this industry. JEF outperforms 97% of them.
• JEF is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so JEF is performing more or less in line with the market.
• In the last month JEF has a been trading in the 74.29 - 82.04 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
• Volume is considerably higher in the last couple of days.

Check the latest full technical report of JEF for a complete technical analysis.

Looking at the Setup

Besides the Technical Rating, ChartMill also assign a Setup Rating to every stock. This setup score also ranges from 0 to 10 and determines to which extend the stock is consolidating. This is achieved by evaluating multiple short term technical indicators. NYSE:JEF currently has a 8 as setup rating:

JEF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 76.22, a Stop Loss order could be placed below this zone.

Why NYSE:JEF may be interesting for high growth investors.

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), JEFFERIES FINANCIAL GROUP IN highlights its ability to generate increasing profitability, showcasing a 241.0% growth.
• JEFFERIES FINANCIAL GROUP IN has achieved 42.42% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
• With impressive 1-year revenue growth of 67.34%, JEFFERIES FINANCIAL GROUP IN showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.
• The quarterly earnings of JEFFERIES FINANCIAL GROUP IN have shown a 241.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• accelerating EPS growth for JEFFERIES FINANCIAL GROUP IN: the current Q2Q growth of 241.0% exceeds the previous year Q2Q growth of -80.0%.
• The operating margin of JEFFERIES FINANCIAL GROUP IN has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
• With 68.79% of the total shares held by institutional investors, JEFFERIES FINANCIAL GROUP IN showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.
• JEFFERIES FINANCIAL GROUP IN has exhibited strong Relative Strength(RS) in recent periods, with a current 94.76 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. JEFFERIES FINANCIAL GROUP IN shows promising potential for continued price momentum.

Our High Growth Momentum Breakout screen will find you more ideas suited for high growth momentum breakouts.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.