Wall Street brokerages expect that Jumia Technologies AG – (NYSE:JMIA) will report earnings per share of ($0.69) for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Jumia Technologies’ earnings. The highest EPS estimate is ($0.68) and the lowest is ($0.69). The company is scheduled to report its next earnings report on Monday, April 20th.

On average, analysts expect that Jumia Technologies will report full year earnings of ($2.47) per share for the current year, with EPS estimates ranging from ($2.59) to ($2.40). For the next financial year, analysts anticipate that the business will report earnings of ($2.22) per share, with EPS estimates ranging from ($2.46) to ($1.88). Zacks’ EPS averages are an average based on a survey of sell-side research firms that cover Jumia Technologies.

A number of equities analysts recently issued reports on the company. Zacks Investment Research raised Jumia Technologies from a “hold” rating to a “buy” rating and set a $7.00 price target for the company in a report on Wednesday, January 1st. Stifel Nicolaus reaffirmed a “buy” rating and issued a $14.00 price target on shares of Jumia Technologies in a report on Friday, November 1st. Renaissance Capital assumed coverage on Jumia Technologies in a report on Thursday, December 5th. They issued a “sell” rating and a $3.50 price target for the company. Raymond James lowered their price target on Jumia Technologies from $23.00 to $8.00 and set an “outperform” rating for the company in a report on Wednesday, November 13th. Finally, Royal Bank of Canada lowered their price target on Jumia Technologies from $30.00 to $22.00 and set an “outperform” rating for the company in a report on Wednesday, November 13th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company’s stock. Jumia Technologies currently has an average rating of “Hold” and a consensus target price of $19.19.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Schwarz Dygos Wheeler Investment Advisors LLC purchased a new stake in Jumia Technologies in the fourth quarter valued at approximately $1,217,000. Tenzing Global Management LLC lifted its stake in Jumia Technologies by 100.0% in the third quarter. Tenzing Global Management LLC now owns 40,000 shares of the company’s stock valued at $317,000 after buying an additional 20,000 shares during the last quarter. Stifel Financial Corp lifted its stake in Jumia Technologies by 70.4% in the third quarter. Stifel Financial Corp now owns 14,664 shares of the company’s stock valued at $123,000 after buying an additional 6,056 shares during the last quarter. Tower Research Capital LLC TRC purchased a new stake in Jumia Technologies in the third quarter valued at approximately $89,000. Finally, SG Americas Securities LLC purchased a new stake in Jumia Technologies in the third quarter valued at approximately $160,000. Institutional investors own 15.87% of the company’s stock.

JMIA traded down $0.06 on Tuesday, reaching $6.14. The company’s stock had a trading volume of 756,402 shares, compared to its average volume of 1,174,997. The stock has a 50 day moving average of $5.93 and a two-hundred day moving average of $10.90. The company has a quick ratio of 3.13, a current ratio of 3.23 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $436.91 million and a price-to-earnings ratio of -1.53. Jumia Technologies has a fifty-two week low of $4.94 and a fifty-two week high of $49.77.

Jumia Technologies Company Profile

Jumia Technologies AG operates an e-commerce platform in Africa. The company's platform consists of marketplace, which connects sellers with consumers; logistics service that 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.

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