Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 0 believe it has the potential for further growth, thus rating it as Hold while 1 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $30.00. The price of the stock the last time has raised by 22.53% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 49.35.
The shares of the company dipped by -1.10% during the trading session on Friday, reaching a low of $19.58 while ending the day at $19.85. During the trading session, a total of 5.65 million shares were traded which represents a -130.75% decline from the average session volume which is 2.45M shares. JEF had ended its last session trading at 20.07. Jefferies Financial Group Inc. currently has a market cap of $6.14B, while its P/E ratio stands at 15.78, while its P/E earnings growth sits at 0.87, with a beta of 1.38. Jefferies Financial Group Inc. debt-to-equity ratio currently stands at 2.00, while its quick ratio hovers at . JEF 52-week low price stands at $16.20 while its 52-week high price is $25.45.
The company in its last quarterly report recorded $0.56 earnings per share which is below the $0.57 predicted by most analysts. The Jefferies Financial Group Inc. generated $1,150.85 million in revenue during the last quarter, which is slightly lower than the $894.55 million predicted by analysts. In the second quarter last year, the firm recorded $2.03 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -262.5%. Jefferies Financial Group Inc. has the potential to record 1.26 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Morgan Stanley published a research note on January 16th, 2019 where it informed investors and clients that NetApp, Inc. (NASDAQ:NTAP) is now rated as Underweight. Even though the stock has been trading at $66.99/share, analysts expect it to surge higher by -1.48% to reach $84.05/share. It started the day trading at $66.52 and traded between $64.79 and $66.00 throughout the trading session.
A look at its technical shows that NTAP’s 50-day SMA is 62.78 while its 200-day SMA stands at 74.04. The stock has a high of $88.08 for the year while the low is $52.00. The company’s P/E ratio currently sits at 15.75, while the P/B ratio is 11.13. The company’s average trading volume currently stands at 3.28M shares, which means that the short-interest ratio is just 4.16 days. Over the past seven days, the company moved, with its shift of 0.30%. Looking further, the stock has dropped -17.83% over the past 90 days while it lost -20.45% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. PRIMECAP Management Co sold more NTAP shares, decreasing its portfolio by -3.32% during the last quarter. This move now sees PRIMECAP Management Co selling -1,307,515 shares in the last quarter, thus it now holds 38,118,924 shares of NTAP, with a total valuation of $2,274,556,195. The Vanguard Group Inc meanwhile sold more NTAP shares in the recently filed quarter, changing its stake to $1,695,744,963 worth of shares. BlackRock Fund Advisors followed the path by decreasing its NTAP portfolio by -2.01% in the quarter. This means that BlackRock Fund Advisors sold -281,042 shares in the last quarter and now controls 13,680,221 shares of the NTAP stock, with the valuation hitting $816,298,787.
Similarly, Boston Partners Global Investors increased its NetApp, Inc. shares by +4.17% during the recently filed quarter. After buying 268,195 shares in the last quarter, the firm now controls 6,701,926 shares of NetApp, Inc. which are valued at $399,903,924. In the same vein, Allianz Global Investors US LLC increased its NetApp, Inc. shares by during the most recent reported quarter. The firm bought 1,460,086 shares during the quarter which increased its stakes to 5,939,671 shares and is now valued at $354,420,169. Following these latest developments, around 0.19% of NetApp, Inc. stocks are owned by institutional investors and hedge funds.