JEFFERIES FINANCIAL GROUP IN (NYSE:JEF) is a candidate for high growth investors. Here's why.

Our stock screener has flagged JEFFERIES FINANCIAL GROUP IN (NYSE:JEF) as a potential breakout candidate. This occurs when the stock shows signs of consolidation after a notable upward trend. While we can't predict the actual breakout, it's worth monitoring NYSE:JEF for potential movement.

In-Depth Technical Analysis of NYSE:JEF

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

We assign a technical rating of 8 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 may just continue or reversal may be around the corner!
• When comparing the yearly performance of all stocks, we notice that JEF is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by JEF over the past year are nicely spread over this period.
• JEF is one of the better performing stocks in the Capital Markets industry, it outperforms 96% of 223 stocks in the same industry.
• JEF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so JEF is lagging the market slightly.
• In the last month JEF has a been trading in the 69.44 - 82.68 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.

Our latest full technical report of JEF contains the most current technical analsysis.

Why is NYSE:JEF a setup?

Besides the Technical Rating, ChartMill assigns a Setup Rating to every stock to determine the degree of consolidation. This rating, ranging from 0 to 10, is updated daily and evaluates various short-term technical indicators. NYSE:JEF currently holds a 8 as its setup rating, suggesting a particular level of consolidation in the stock.

Besides having an excellent technical rating, JEF also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 79.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 76.67, a Stop Loss order could be placed below this zone.

Some of the high growth metrics of NYSE:JEF highlighted

• The earnings per share (EPS) of JEFFERIES FINANCIAL GROUP IN have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 221.0% increase. This reflects the company's ability to improve its profitability over time.
• JEFFERIES FINANCIAL GROUP IN has experienced 63.43% q2q revenue growth, indicating a significant sales increase.
• JEFFERIES FINANCIAL GROUP IN has achieved significant 1-year revenue growth of 74.26%, signaling its ability to capture market opportunities and drive top-line expansion. This growth indicates the company's effective execution and its potential for continued success.
• The recent financial report of JEFFERIES FINANCIAL GROUP IN demonstrates a 221.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• The earnings per share (EPS) growth of JEFFERIES FINANCIAL GROUP IN are accelerating: the current Q2Q growth of 221.0% is above the previous year Q2Q growth of -49.12%. Earnings momentum and acceleration are key for high growth systems.
• 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 positive growth in its free cash flow (FCF) over the past year, JEFFERIES FINANCIAL GROUP IN showcases its ability to generate strong cash flows and maintain a solid financial position. This growth reflects the company's efficient utilization of capital and its commitment to long-term value creation.
• 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 93.17 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 article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.