Jamf Holding Corp. [NASDAQ: JAMF] price plunged by -6.24 percent to reach at -$2.27. The company report on June 8, 2021 that Bayat-MATTER Innovation Hub, Powered by Jamf, Opens in Afghanistan.
Innovation Hubs powered by Jamf and MATTER are now operating in low-resourced areas globally.
Jamf, in partnership with global nonprofit MATTER, announced the opening of the Bayat-MATTER Innovation Hub (MIH) in Kabul, Afghanistan. The Bayat-MATTER Innovation Hub aims to provide students with little access to educational opportunities a technology-enabled active learning environment that teaches them in-demand skills for their future. This stunning, state-of-the-art facility is the vision of the Bayat Foundation, Afghanistan’s largest humanitarian organization working towards improving the lives of Afghan women, working in collaboration with Jamf and MATTER.
A sum of 1513478 shares traded at recent session while its average daily volume was at 465.45K shares. Jamf Holding Corp. shares reached a high of $35.74 and dropped to a low of $33.51 until finishing in the latest session at $34.08.
The one-year JAMF stock forecast points to a potential upside of 21.57. The average equity rating for JAMF stock is currently 2.10, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Jamf Holding Corp. [JAMF]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JAMF shares is $43.45 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JAMF stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Craig Hallum have made an estimate for Jamf Holding Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 24, 2021. While these analysts kept the previous recommendation, Goldman dropped their target price from $52 to $32. The new note on the price target was released on May 12, 2021, representing the official price target for Jamf Holding Corp. stock. Previously, the target price had yet another raise to $45, while Needham analysts kept a Buy rating on JAMF stock.
The Average True Range (ATR) for Jamf Holding Corp. is set at 1.84, with the Price to Sales ratio for JAMF stock in the period of the last 12 months amounting to 14.25. The Price to Book ratio for the last quarter was 4.88, with the Price to Cash per share for the same quarter was set at 1.62. Price to Free Cash Flow for JAMF in the course of the last twelve months was 70.11 with Quick ratio for the last quarter at 1.50.
JAMF Stock Performance Analysis:
Jamf Holding Corp. [JAMF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.77. With this latest performance, JAMF shares gained by 3.30% in over the last four-week period, additionally plugging by 8.26% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JAMF stock in for the last two-week period is set at 50.59, with the RSI for the last a single of trading hit 49.96, and the three-weeks RSI is set at 49.97 for Jamf Holding Corp. [JAMF]. The present Moving Average for the last 50 days of trading for this stock 34.45, while it was recorded at 35.87 for the last single week of trading, and 34.83 for the last 200 days.
Insight into Jamf Holding Corp. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Jamf Holding Corp. [JAMF] shares currently have an operating margin of -3.82 and a Gross Margin at +64.10. Jamf Holding Corp.’s Net Margin is presently recorded at -8.45.
Return on Total Capital for JAMF is now -1.35, given the latest momentum, and Return on Invested Capital for the company is -2.99. Return on Equity for this stock declined to -3.45, with Return on Assets sitting at -2.30.
Receivables Turnover for the company is 4.64 with a Total Asset Turnover recorded at a value of 0.27.Jamf Holding Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 1.50.
JAMF Stock EPS
With the latest financial reports released by the company, Jamf Holding Corp. posted 0.05/share EPS, while the average EPS was predicted by analysts to be reported at 0.07/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -28.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for JAMF. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Jamf Holding Corp. go to 55.60%.
Jamf Holding Corp. [JAMF] Insider Position Details
There are presently around $3,805 million, or 96.00% of JAMF stock, in the hands of institutional investors. The top three institutional holders of JAMF stocks are: VISTA EQUITY PARTNERS MANAGEMENT, LLC with ownership of 72,845,508, which is approximately 0% of the company’s market cap and around 0.40% of the total institutional ownership; DRAGONEER INVESTMENT GROUP, LLC, holding 5,647,291 shares of the stock with an approximate value of $192.46 million in JAMF stocks shares; and SUMMIT PARTNERS L P, currently with $152.52 million in JAMF stock with ownership of nearly 0% of the company’s market capitalization.
Positions in Jamf Holding Corp. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 75 institutional holders increased their position in Jamf Holding Corp. [NASDAQ:JAMF] by around 5,730,731 shares. Additionally, 81 investors decreased positions by around 5,392,085 shares, while 12 investors held positions by with 100,517,508 shares. The mentioned changes placed institutional holdings at 111,640,324 shares, according to the latest SEC report filing. JAMF stock had 22 new institutional investments in for a total of 1,039,801 shares, while 35 institutional investors sold positions of 2,850,800 shares during the same period.