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

Jamf (NASDAQ:JAMF) posted its quarterly earnings data on Thursday. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.14), Zacks reports. Jamf updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Jamf Price Performance

Shares of NASDAQ:JAMF traded down $0.04 during midday trading on Thursday, hitting $14.73. 1,064,173 shares of the stock were exchanged, compared to its average volume of 572,944. The stock has a market cap of $1.88 billion, a P/E ratio of -26.78, a PEG ratio of 1.02 and a beta of 0.38. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51. Jamf has a twelve month low of $13.40 and a twelve month high of $21.41. The company has a 50 day moving average price of $14.83 and a 200-day moving average price of $16.04.

Insider Transactions at Jamf

In other news, CAO Anthony Grabenau sold 3,706 shares of Jamf stock in a transaction on 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 $473,058.27. The trade was a 9.97 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 2.30% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Royal Bank of Canada reduced their target price on shares of Jamf from $23.00 to $19.00 and set an “outperform” rating on the stock in a report on Tuesday, January 21st. JPMorgan Chase & Co. started coverage on shares of Jamf in a report on Thursday, February 6th. They issued an “overweight” rating and a $20.00 target price on the stock. Needham & Company LLC reissued a “buy” rating and set a $25.00 price objective on shares of Jamf in a report on Tuesday, January 21st. Canaccord Genuity Group reissued a “buy” rating and set a $21.00 price objective on shares of Jamf in a report on Wednesday. Finally, Piper Sandler cut their price objective on shares of Jamf from $25.00 to $23.00 and set an “overweight” rating on the stock in a report on Monday, January 6th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $21.80.

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.