Jumia Technologies (JMIA) Stock Price, News & Analysis

Company Overview

Jumia Technologies AG operates an e-commerce platform in West Africa, North Africa, East and South Africa, Europe, the United Arab Emirates, and internationally. The company's platform consists of marketplace that connects sellers with customers; logistics service, which enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company's platform in selected markets under the JumiaPay name. Its marketplace offers various products in a range of categories, including phones, electronics, home and living, fashion, beauty, and fast-moving consumer goods; and various digital lifestyle services, such as utility bills payment, airtime recharge, gaming and entertainment, and transport ticketing, as well as financial services comprising micro-loans, insurance, and savings products. The company was formerly known as Africa Internet Holding GmbH and changed its name to Jumia Technologies AG in January 2019. Jumia Technologies AG was incorporated in 2012 and is headquartered in Berlin, Germany.

Key Stats

• Today's Range: $3.65 to $3.83
• 50-Day Range: $3.71 to $5.87
• 52-Week Range: $2.88 to $15.04
• Volume: 852,157 shs
• Average Volume: 3.89 million shs
• Market Capitalization: $373.21 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.53
• Consensus Rating: Hold

Jumia Technologies Stock Analysis - MarketRank™

Jumia Technologies scored higher than 45% of companies evaluated by MarketBeat, and ranked 151st out of 215 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Jumia Technologies has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Jumia Technologies has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Jumia Technologies are expected to grow in the coming year, from ($0.25) to ($0.11) per share.

Price to Book Value per Share Ratio

Jumia Technologies has a P/B Ratio of 3.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.79% of the outstanding shares of Jumia Technologies have been sold short.

Short Interest Ratio / Days to Cover

Jumia Technologies has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Jumia Technologies has recently decreased by 14.08%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Jumia Technologies does not currently pay a dividend.

Dividend Growth

Jumia Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.79% of the outstanding shares of Jumia Technologies have been sold short.

Short Interest Ratio / Days to Cover

Jumia Technologies has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Jumia Technologies has recently decreased by 14.08%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.48

News Sentiment

Jumia Technologies has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Jumia Technologies this week, compared to 3 articles on an average week.

Search Interest

21 people have searched for JMIA on MarketBeat in the last 30 days. This is an increase of 11% compared to the previous 30 days.

MarketBeat Follows

Only 6 people have added Jumia Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Jumia Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.90% of the stock of Jumia Technologies is held by insiders.

Percentage Held by Institutions

Only 16.50% of the stock of Jumia Technologies is held by institutions.

JMIA Stock Analysis - Frequently Asked Questions

How have JMIA shares performed this year?

Jumia Technologies' stock was trading at $3.53 at the start of the year. Since then, JMIA stock has increased by 8.5% and is now trading at $3.83.
View the best growth stocks for 2024 here.

How were Jumia Technologies' earnings last quarter?

Jumia Technologies AG (NYSE:JMIA) issued its quarterly earnings results on Tuesday, August, 15th. The company reported ($0.31) EPS for the quarter, missing analysts' consensus estimates of ($0.29) by $0.02. The company had revenue of $48.52 million for the quarter, compared to the consensus estimate of $47.72 million. Jumia Technologies had a negative net margin of 53.64% and a negative trailing twelve-month return on equity of 161.08%.

When did Jumia Technologies IPO?

Jumia Technologies (JMIA) raised $196 million in an initial public offering (IPO) on Friday, April 12th 2019. The company issued 13,500,000 shares at $13.00-$16.00 per share. Morgan Stanley, Citigroup, Berenberg and RBC Capital Markets served as the underwriters for the IPO and Raymond James, Stifel and William Blair were co-managers.

Who are Jumia Technologies' major shareholders?

Top institutional investors of Jumia Technologies include Baillie Gifford & Co. (8.96%), BNP Paribas Financial Markets (2.39%), State Street Corp (0.70%) and Dorsey Wright & Associates (0.23%).

How do I buy shares of Jumia Technologies?

Shares of JMIA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Jumia Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Jumia Technologies investors own include Zomedica (ZOM), Nano Dimension (NNDM), AST SpaceMobile (ASTS), NIO (NIO), Bakkt (BKKT), Virgin Galactic (SPCE) and Phunware (PHUN).

Company Calendar

• Last Earnings: 8/15/2023
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/20/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: Catalog & mail - order houses
• Sub-Industry: Retail
• Current Symbol: NYSE:JMIA
• CUSIP: N/A
• CIK: 1756708
• Web: group.jumia.com
• Phone: 4930398203454
• Fax: N/A
• Employees: 2,915
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $6.53
• High Stock Price Target: $11.00
• Low Stock Price Target: $3.60
• Potential Upside/Downside: +70.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-104,150,000.00
• Net Margins: -53.64%
• Pretax Margin: -53.55%
• Return on Equity: -161.08%
• Return on Assets: -53.38%

Debt

• Debt-to-Equity Ratio: 0.07
• Current Ratio: 1.80
• Quick Ratio: 1.73

Sales & Book Value

• Annual Sales: $186.40 million
• Price / Sales: 2.08
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.01 per share
• Price / Book: 3.79

Miscellaneous

• Outstanding Shares: 101,140,000
• Free Float: 99,217,000
• Market Cap: $387.37 million
• Optionable: Optionable
• Beta: 2.96