Jack Henry & Associates (NASDAQ:JKHY) Issues Earnings Results, Beats Expectations By $0.02 EPS

Jack Henry & Associates (NASDAQ:JKHY) announced its quarterly earnings data on Tuesday. The technology company reported $1.63 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.02, Briefing.com reports. The company had revenue of $600.98 million for the quarter, compared to analyst estimates of $599.56 million. Jack Henry & Associates had a return on equity of 21.63% and a net margin of 17.23%. The firm’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.39 EPS. Jack Henry & Associates updated its FY25 guidance to $5.78-5.87 EPS and its FY 2025 guidance to 5.780-5.870 EPS.

Jack Henry & Associates Trading Up 0.7 %

JKHY traded up $1.21 on Friday, hitting $181.18. The company had a trading volume of 157,175 shares, compared to its average volume of 444,208. The firm has a market cap of $13.21 billion, a P/E ratio of 34.48, a PEG ratio of 3.38 and a beta of 0.63. Jack Henry & Associates has a 1 year low of $146.46 and a 1 year high of $189.63. The company’s fifty day moving average price is $179.13 and its 200 day moving average price is $170.51. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.03.

Jack Henry & Associates Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 6th were issued a $0.55 dividend. The ex-dividend date of this dividend was Friday, September 6th. This represents a $2.20 annualized dividend and a yield of 1.21%. Jack Henry & Associates’s dividend payout ratio (DPR) is currently 42.15%.

Analyst Ratings Changes

A number of brokerages have weighed in on JKHY. Robert W. Baird raised their price objective on Jack Henry & Associates from $186.00 to $195.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. StockNews.com lowered Jack Henry & Associates from a “buy” rating to a “hold” rating in a report on Thursday. Compass Point initiated coverage on Jack Henry & Associates in a report on Wednesday, September 4th. They set a “neutral” rating and a $186.00 price target on the stock. Stephens reiterated an “equal weight” rating and set a $170.00 price target on shares of Jack Henry & Associates in a report on Wednesday. Finally, Oppenheimer initiated coverage on Jack Henry & Associates in a report on Tuesday, October 1st. They set an “outperform” rating and a $206.00 price target on the stock. Eleven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $188.73.

Jack Henry & Associates Company Profile

Jack Henry & Associates, Inc, a financial technology company that connects people and financial institutions through technology solutions and payment processing services that reduce the barriers to financial health. It operates through four segments: Core, Payments, Complementary, and Corporate and Other.