Deep Dive Into Jamf Holding Stock: Analyst Perspectives (10 Ratings)
Ratings for Jamf Holding (NASDAQ:JAMF) were provided by 10 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 7 | 2 | 1 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 4 | 1 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 2 | 1 | 1 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $23.5, a high estimate of $25.00, and a low estimate of $20.00. Observing a 6.82% increase, the current average has risen from the previous average price target of $22.00.
Understanding Analyst Ratings: A Comprehensive Breakdown
A comprehensive examination of how financial experts perceive Jamf Holding is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Joshua Reilly | Needham | Maintains | Buy | $25.00 | $25.00 |
| Joshua Reilly | Needham | Maintains | Buy | $25.00 | $25.00 |
| David Hynes | Canaccord Genuity | Raises | Buy | $24.00 | $22.00 |
| Matthew Hedberg | RBC Capital | Raises | Outperform | $23.00 | $21.00 |
| Gregg Moskowitz | Mizuho | Raises | Buy | $22.00 | $21.00 |
| Joshua Reilly | Needham | Maintains | Buy | $25.00 | - |
| Matthew Hedberg | RBC Capital | Maintains | Outperform | $21.00 | - |
| Joshua Reilly | Needham | Maintains | Buy | $25.00 | - |
| Raimo Lenschow | Barclays | Raises | Equal-Weight | $20.00 | $18.00 |
| Joshua Reilly | Needham | Maintains | Buy | $25.00 | - |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Jamf Holding. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Jamf Holding compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Jamf Holding's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Jamf Holding's market standing. Stay informed and make data-driven decisions with our Ratings Table.
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About Jamf Holding
Jamf Holding Corp is the standard in Apple Enterprise Management, and its cloud software platform is the vertically focused Apple infrastructure and security platform. The company helps organizations, including businesses, hospitals, schools, and government agencies, connect, manage, and protect Apple products, apps, and corporate resources in the cloud without ever having to touch the devices. It sells its Software-as-a-Service, or SaaS, solutions via a subscription model, through a direct sales force, online, and indirectly via its channel partners, including Apple. The company operates in The Americas; Europe, the Middle East, India, and Africa; and Asia Pacific.
Jamf Holding: A Financial Overview
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Jamf Holding's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 15.06% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -13.49%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Jamf Holding's ROE excels beyond industry benchmarks, reaching -2.86%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Jamf Holding's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -1.3%, the company may face hurdles in achieving optimal financial returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.51.
The Significance of Analyst Ratings Explained
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.