Jamf Holding Corp (JAMF) Stock Price and Analyst Predictions

The stock has a 36-month beta value of 0.43. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for JAMF is 60.08M, and at present, short sellers hold a 6.45% of that float. On May 23, 2024, the average trading volume of JAMF was 613.96K shares.

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JAMF) stock’s latest price update

The stock price of Jamf Holding Corp (NASDAQ: JAMF) has plunged by -3.51 when compared to previous closing price of 17.40, but the company has seen a -5.94% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-05-15 that New offerings will help managed service providers better serve their customers with Jamf New offerings will help managed service providers better serve their customers with Jamf

JAMF’s Market Performance

Jamf Holding Corp (JAMF) has experienced a -5.94% fall in stock performance for the past week, with a -14.55% drop in the past month, and a -14.47% drop in the past quarter. The volatility ratio for the week is 3.30%, and the volatility levels for the past 30 days are at 3.50% for JAMF. The simple moving average for the last 20 days is -12.26% for JAMF stock, with a simple moving average of -5.98% for the last 200 days.

Analysts’ Opinion of JAMF

Many brokerage firms have already submitted their reports for JAMF stocks, with Barclays repeating the rating for JAMF by listing it as a “Equal Weight.” The predicted price for JAMF in the upcoming period, according to Barclays is $20 based on the research report published on January 12, 2024 of the current year 2024.

Barclays, on the other hand, stated in their research note that they expect to see JAMF reach a price target of $28, previously predicting the price at $26. The rating they have provided for JAMF stocks is “Overweight” according to the report published on October 18th, 2022.

Craig Hallum gave a rating of “Hold” to JAMF, setting the target price at $29 in the report published on August 05th of the previous year.

JAMF Trading at -9.66% from the 50-Day Moving Average

After a stumble in the market that brought JAMF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.65% of loss for the given period.

Volatility was left at 3.50%, however, over the last 30 days, the volatility rate increased by 3.30%, as shares sank -12.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.87% lower at present.

During the last 5 trading sessions, JAMF fell by -5.60%, which changed the moving average for the period of 200-days by -15.11% in comparison to the 20-day moving average, which settled at $19.02. In addition, Jamf Holding Corp saw -7.03% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at JAMF starting from VEPF VI CO INVEST 1 GP, L.P., who sale 8,956,522 shares at the price of $18.25 back on May 16 ’24. After this action, VEPF VI CO INVEST 1 GP, L.P. now owns 45,358,762 shares of Jamf Holding Corp, valued at $163,456,526 using the latest closing price.

VEP Group, LLC, the 10% Owner of Jamf Holding Corp, sale 8,956,522 shares at $18.25 during a trade that took place back on May 16 ’24, which means that VEP Group, LLC is holding 45,358,762 shares at $163,456,526 based on the most recent closing price.

Stock Fundamentals for JAMF

Current profitability levels for the company are sitting at:

  • -0.17 for the present operating margin
  • 0.74 for the gross margin

The net margin for Jamf Holding Corp stands at -0.18. The total capital return value is set at -0.08. Equity return is now at value -14.97, with -6.93 for asset returns.

Based on Jamf Holding Corp (JAMF), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is -18.44.

Currently, EBITDA for the company is -55.64 million with net debt to EBITDA at -3.56. When we switch over and look at the enterprise to sales, we see a ratio of 3.97. The receivables turnover for the company is 6.08for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.89.

Conclusion

To sum up, Jamf Holding Corp (JAMF) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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