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: $4.60 to $4.78
• 50-Day Range: $4.17 to $14.57
• 52-Week Range: $2.22 to $15.04
• Volume: 1.33 million shs
• Average Volume: 4.23 million shs
• Market Capitalization: $472.32 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $7.30
• Consensus Rating: Moderate Buy

Jumia Technologies Stock Analysis - MarketRank™

Jumia Technologies scored higher than 24% of companies evaluated by MarketBeat, and ranked 170th out of 209 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: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Jumia Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, 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 6.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.76% 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 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Jumia Technologies has recently increased by 1.95%, indicating that investor sentiment is decreasing.

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

7.76% 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 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Jumia Technologies has recently increased by 1.95%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 2 news articles for Jumia Technologies this week, compared to 3 articles on an average week.

Search Interest

Only 11 people have searched for JMIA on MarketBeat in the last 30 days. This is a decrease of -69% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Jumia Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -82% 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 shares have increased by 32.3% and is now trading at $4.67.
View the best growth stocks for 2024 here.

How were Jumia Technologies' earnings last quarter?

Jumia Technologies AG (NYSE:JMIA) issued its earnings results on Tuesday, August, 15th. The company reported ($0.31) EPS for the quarter, missing the consensus estimate of ($0.29) by $0.02. The firm had revenue of $48.52 million for the quarter, compared to analysts' expectations of $47.72 million. Jumia Technologies had a negative net margin of 54.40% and a negative trailing twelve-month return on equity of 182.98%.

When did Jumia Technologies IPO?

Jumia Technologies (JMIA) raised $196 million in an IPO on Friday, April 12th 2019. The company issued 13,500,000 shares at a price of $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?

Jumia Technologies' top institutional shareholders include Baillie Gifford & Co. (9.00%), Susquehanna International Group LLP, Millennium Management LLC (0.37%) and Headlands Technologies LLC (0.13%).

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 Tesla (TSLA), NIO (NIO), NVIDIA (NVDA), Advanced Micro Devices (AMD), Verizon Communications (VZ), Block (SQ) and Sorrento Therapeutics (SRNE).

Company Calendar

• Last Earnings: 8/15/2023
• Today: 9/20/2024
• Next Earnings (Estimated): 11/20/2024
• Fiscal Year End: 12/31/2024

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: $7.30
• High Stock Price Target: $11.00
• Low Stock Price Target: $3.60
• Potential Upside/Downside: +56.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 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: -54.40%
• Pretax Margin: -53.05%
• Return on Equity: -182.98%
• Return on Assets: -57.22%

Debt

• Debt-to-Equity Ratio: 0.22
• Current Ratio: 1.11
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: $186.49 million
• Price / Sales: 2.53
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.68 per share
• Price / Book: 6.87

Miscellaneous

• Outstanding Shares: 101,139,000
• Free Float: 99,217,000
• Market Cap: $472.32 million
• Optionable: Optionable
• Beta: 2.91