Jamf (NASDAQ:JAMF) Releases Quarterly Earnings Results, Misses Estimates By $0.14 EPS

Jamf (NASDAQ:JAMF - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.14), Zacks reports. The firm had revenue of $163.00 million during the quarter, compared to the consensus estimate of $162.47 million. Jamf updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Jamf Price Performance

NASDAQ JAMF traded up $0.08 on Monday, hitting $13.76. 1,012,537 shares of the company's stock were exchanged, compared to its average volume of 614,398. Jamf has a 52 week low of $13.30 and a 52 week high of $21.41. The stock has a 50-day moving average of $14.81 and a 200-day moving average of $15.99. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of -25.02, a P/E/G ratio of 1.02 and a beta of 0.38.

Analysts Set New Price Targets

A number of research firms have weighed in on JAMF. Piper Sandler reduced their price target on Jamf from $25.00 to $23.00 and set an "overweight" rating for the company in a research report on Monday, January 6th. Royal Bank of Canada decreased their target price on shares of Jamf from $23.00 to $19.00 and set an "outperform" rating for the company in a research report on Tuesday, January 21st. Canaccord Genuity Group reissued a "buy" rating and set a $21.00 price target on shares of Jamf in a research report on Wednesday, February 26th. Needham & Company LLC restated a "buy" rating and issued a $25.00 price objective on shares of Jamf in a report on Tuesday, January 21st. Finally, Barclays lowered their target price on Jamf from $17.00 to $16.00 and set an "equal weight" rating on the stock in a research report on Friday. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $21.70.

Remove Ads

Insider Transactions at Jamf

In other Jamf news, CAO Anthony Grabenau sold 3,706 shares of the business's stock in a transaction dated Thursday, January 16th. The stock was 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 of the company's stock, valued at approximately $473,058.27. The trade was a 9.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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.