Jamf (JAMF) Expected to Announce Quarterly Earnings on Thursday

Jamf (NASDAQ:JAMF) is expected to announce its earnings results 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. Investors that are interested in registering for the company’s conference call can do so using this link.

Jamf Trading Down 1.4 %

JAMF opened at $14.75 on Tuesday. The firm’s fifty day moving average is $14.84 and its two-hundred day moving average is $16.06. 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 firm has a market cap of $1.88 billion, a PE ratio of -26.82, a price-to-earnings-growth ratio of 1.02 and a beta of 0.38. Jamf has a twelve month low of $13.40 and a twelve month high of $21.41.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on JAMF shares. Barclays dropped their price objective on shares of Jamf from $20.00 to $17.00 and set an “equal weight” rating on the stock in a report on Friday, January 10th. Royal Bank of Canada decreased their price objective on Jamf from $23.00 to $19.00 and set an “outperform” rating for the company in a report on Tuesday, January 21st. JPMorgan Chase & Co. started coverage on shares of Jamf in a research report on Thursday, February 6th. They set an “overweight” rating and a $20.00 price target on the stock. Piper Sandler cut their price target on shares of Jamf from $25.00 to $23.00 and set an “overweight” rating for the company in a research note on Monday, January 6th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price target on shares of Jamf in a research note on Tuesday, January 21st. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $21.80.

Insider Buying and Selling

In other Jamf news, CAO Anthony Grabenau sold 3,706 shares of the firm’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $14.13, for a total transaction of $52,365.78. Following the completion of the transaction, the chief accounting officer now owns 33,479 shares in the company, valued at approximately $473,058.27. This trade represents a 9.97 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.30% of the stock is owned by corporate 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.