Craig Hallum Downgrades Jamf (NASDAQ:JAMF) to Hold

Craig Hallum lowered shares of Jamf (NASDAQ:JAMFGet Rating) from a buy rating to a hold rating in a report issued on Friday, MarketBeat Ratings reports. Craig Hallum currently has $29.00 target price on the stock, down from their previous target price of $31.00.

Separately, Mizuho lowered their target price on shares of Jamf from $34.00 to $32.00 and set a buy rating on the stock in a research note on Tuesday, July 19th.

Jamf Price Performance

Jamf stock opened at $25.86 on Friday. Jamf has a 1 year low of $19.68 and a 1 year high of $49.27. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.98 and a current ratio of 0.98. The company’s fifty day moving average price is $25.72 and its 200 day moving average price is $29.67. The stock has a market capitalization of $3.10 billion, a P/E ratio of -21.55 and a beta of 0.61.

Jamf (NASDAQ:JAMFGet Rating) last announced its earnings results on Tuesday, May 10th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.05. Jamf had a negative net margin of 33.76% and a negative return on equity of 9.25%. The company had revenue of $108.26 million for the quarter, compared to analysts’ expectations of $105.55 million. As a group, equities research analysts anticipate that Jamf will post -0.78 earnings per share for the current fiscal year.

Jamf Company Profile

(Get Rating)

Jamf Holding Corp. offers a cloud software platform for Apple infrastructure and security platform worldwide. 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, a software solution for educators; Jamf Data Policy, a solution to enforce acceptable usage policies to eliminate shadow IT and block risky content and manage data consumption with real-time analytics and granular reporting; and Jamf Connect that streamlines Mac authentication and identity management; and Jamf Private Access, a ZTNA solution that replaces legacy conditional access and VPN technology.

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