As of January 12, 2024, the ratings given by analysts for Jamf Holding (NASDAQ: JAMF) have been varied over the last quarter. A total of 4 analysts have provided their ratings, reflecting changing sentiments over the past 30 days compared to previous months.
Here is a condensed view of their recent ratings:
– Rating: Bullish, Somewhat Bullish, Indifferent, Somewhat Bearish, Bearish
– Total Ratings: 1, 2, 1, 0, 0
– Last 30 Days: 0, 0, 1, 0, 0
– 1 Month Ago: 0, 0, 0, 0, 0
– 2 Months Ago: 0, 0, 0, 0, 0
– 3 Months Ago: 1, 2, 0, 0, 0
Analysts have also assessed the 12-month price targets, providing further insights into the stock. The average target is $23.0, with a high estimate of $25.00 and a low estimate of $20.00. This current average has decreased by 22.48% from the previous average price target of $29.67.
Here are some key insights from recent analyst actions:
– Raimo Lenschow from Barclays has announced an Equal-Weight rating with a current price target of $20.00.
– Rob Owens from Piper Sandler has lowered the rating to Overweight with a current price target of $25.00, down from $30.00.
– Matthew Hedberg from RBC Capital has lowered the rating to Outperform with a current price target of $22.00, down from $24.00.
– Joshua Reilly from Needham has lowered the rating to Buy with a current price target of $25.00, down from $35.00.
In the current month, JAMF has received 19 Buy Ratings, 3 Hold Ratings, and 0 Sell Ratings. The average Analyst price target in the past 3 months is $23.13. The median target of 12-month price forecasts for Jamf Holding Corp is $22.00, with a high estimate of $30.00 and a low estimate of $20.00.
These ratings and price targets provide an overview of analysts’ perceptions of Jamf Holding’s current state and future prospects as of January 12, 2024.
JAMF Stock Performance on January 12, 2024: A 2.60% Drop Highlights Investor Concerns and Long-Term Growth Potential
JAMF Stock Performance on January 12, 2024: A 2.60% Drop
On January 12, 2024, JAMF, a leading provider of Apple enterprise management solutions, experienced a decline in its stock performance. According to data from CNN Money, the stock opened at $18.76, which was $0.87 lower than its previous closing price. Throughout the trading day, JAMF shares saw a decrease of $0.51, representing a 2.60% drop.
Despite the decline, it is worth noting that JAMF’s stock was trading in the middle of its 52-week range, indicating a relatively stable performance compared to its past performance. Additionally, the stock was trading above its 200-day simple moving average, which suggests a positive trend in the stock’s price over the long-term.
Investors and analysts often pay attention to price momentum when evaluating a stock’s performance. In the case of JAMF, the recent decline in stock price indicates a decrease in investor confidence or a negative market sentiment towards the company. It is essential to consider various factors that may have influenced this decline, such as market conditions, industry trends, or company-specific news.
JAMF’s core business revolves around providing management solutions for Apple devices in enterprise environments. The company’s software enables businesses to efficiently manage and secure their Apple devices, ensuring seamless integration and enhanced productivity. As Apple products continue to gain popularity in the enterprise market, JAMF has positioned itself as a key player in this space.
While short-term fluctuations in stock price are common, investors should consider the long-term prospects and fundamentals of a company before making investment decisions. JAMF’s strong position in the Apple enterprise management market and its ability to cater to the growing demand for Apple devices in businesses could be positive indicators for its future growth potential.
It is important for investors to conduct thorough research, analyze financial statements, and stay updated with the latest news and developments related to JAMF and the broader market. Consulting with a financial advisor or utilizing reliable investment resources can also provide valuable insights and guidance when making investment decisions.
In conclusion, JAMF’s stock performance on January 12, 2024, saw a 2.60% drop, with the stock opening at $18.76, $0.87 lower than its previous close. While short-term fluctuations are common, investors should consider the company’s long-term prospects and industry trends before making investment decisions. As JAMF continues to provide Apple enterprise management solutions, it remains well-positioned to capitalize on the growing demand for Apple devices in businesses.
JAMF Holding Corp. Reports Positive Revenue Growth but Decrease in Net Income and EPS
JAMF Holding Corp. (JAMF), a leading provider of Apple device management solutions, has reported its stock performances on January 12, 2024. Total revenue for JAMF stood at $478.78 million over the past year, representing a significant increase of 30.67% compared to the previous year. Furthermore, the company’s total revenue increased by 5.58% since the last quarter. However, the company’s net income figures reveal a different story. JAMF reported a net loss of $141.30 million over the past year, indicating a significant decrease of 87.93% compared to the previous year. Despite this, the net income for the most recent quarter improved by 10.83% compared to the previous quarter, with a net loss of $32.28 million. Earnings per share (EPS) is another important metric to consider when evaluating a company’s stock performance. JAMF reported an EPS of -$1.17 over the past year, indicating a decrease of 84.13% compared to the previous year. However, the EPS for the most recent quarter improved by 11.65% compared to the previous quarter, with an EPS of -$0.26. In conclusion, JAMF’s stock performances on January 12, 2024, indicate a positive growth in total revenue since last year and the last quarter. However, the company has experienced a significant decrease in net income and earnings per share over the past year. Nonetheless, the improvement in net income and EPS during the most recent quarter suggests that JAMF is taking steps to address its financial performance. Investors should closely monitor JAMF’s future financial reports to assess its ability to sustain growth and improve profitability.
