Jamf (JAMF) Projected to Post Quarterly Earnings on Thursday

Jamf (NASDAQ:JAMF) is expected to issue its quarterly earnings data after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $162.47 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Jamf Stock Down 0.5 %

Shares of NASDAQ JAMF opened at $14.67 on Wednesday. The company has a market capitalization of $1.87 billion, a P/E ratio of -26.67, a price-to-earnings-growth ratio of 1.02 and a beta of 0.38. Jamf has a 52-week low of $13.40 and a 52-week high of $21.41. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95. The company’s 50 day moving average price is $14.83 and its 200-day moving average price is $16.05.

Analyst Upgrades and Downgrades

JAMF has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. initiated coverage on shares of Jamf in a research report on Thursday, February 6th. They issued an “overweight” rating and a $20.00 price target on the stock. Royal Bank of Canada dropped their target price on shares of Jamf from $23.00 to $19.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 21st. Piper Sandler dropped their target price on shares of Jamf from $25.00 to $23.00 and set an “overweight” rating on the stock in a research report on Monday, January 6th. Barclays dropped their target price on shares of Jamf from $20.00 to $17.00 and set an “equal weight” rating on the stock in a research report on Friday, January 10th. Finally, Needham & Company LLC restated a “buy” rating and set a $25.00 price target on shares of Jamf in a research note on Tuesday, January 21st. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Jamf currently has an average rating of “Moderate Buy” and a consensus price target of $21.80.

Insider Buying and Selling

In related news, CAO Anthony Grabenau sold 3,706 shares of the business’s stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $14.13, for a total value of $52,365.78. Following the transaction, the chief accounting officer now directly owns 33,479 shares of the company’s stock, valued at approximately $473,058.27. The trade was a 9.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.30% of the stock is owned by insiders.

Jamf Company Profile

Jamf Holding Corp. offers a cloud software platform for Apple infrastructure and security platform in the Americas, Europe, the Middle East, India, and Africa. Its products include Jamf Pro, an Apple ecosystem management software solution for IT environments; Jamf Now, a pay-as-you-go Apple device management software solution for small-to-medium-sized businesses; Jamf School, an apple mobile device management for schools; and Jamf Connect, a ZTNA solution that replaces legacy conditional access and VPN technology.