Leucadia National Corp. (LUK) Given Consensus Recommendation of “Strong Buy” by Analysts
Shares of Leucadia National Corp. (NYSE:LUK) have earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 12 month consensus price target of $34.00 for the company and are predicting that the company will post $0.43 EPS for the current quarter, according to Zacks. Zacks has also assigned Leucadia National an industry rank of 79 out of 265 based on the ratings given to related companies.
Several equities research analysts recently weighed in on LUK shares. Zacks Investment Research downgraded Leucadia National from a “buy” rating to a “hold” rating in a report on Wednesday, January 31st. TheStreet downgraded Leucadia National from a “b” rating to a “c+” rating in a report on Thursday, February 22nd.
Shares of Leucadia National (NYSE LUK) opened at $24.30 on Wednesday. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.06. Leucadia National has a fifty-two week low of $22.23 and a fifty-two week high of $28.30. The firm has a market capitalization of $8,660.00, a price-to-earnings ratio of 14.38, a P/E/G ratio of 0.75 and a beta of 1.30.
Leucadia National (NYSE:LUK) last issued its quarterly earnings results on Thursday, February 22nd. The conglomerate reported $0.48 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.01. Leucadia National had a return on equity of 6.25% and a net margin of 1.81%. The firm had revenue of $2.94 billion during the quarter, compared to the consensus estimate of $2.91 billion. During the same period last year, the company earned $0.37 earnings per share. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. analysts anticipate that Leucadia National will post 1.82 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Monday, March 19th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend is Friday, March 16th. Leucadia National’s dividend payout ratio (DPR) is currently 23.67%.
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Leucadia National Company Profile
Leucadia National Corporation (Leucadia) is a diversified holding company focused on return on investment and long-term value. The Company’s segments, based on requirements are Jefferies, National Beef, and Corporate and other. Jefferies is a global full-service, integrated securities and investment banking firm.
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