Jack Henry & Associates (NASDAQ:JKHY) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Jack Henry & Associates (NASDAQ:JKHY) posted its earnings results on Tuesday. The technology company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.02, Briefing.com reports. The firm had revenue of $600.98 million during the quarter, compared to analysts’ expectations 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 was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.39 earnings per share. 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 Down 0.2 %

Shares of JKHY opened at $179.97 on Friday. The company has a market capitalization of $13.12 billion, a P/E ratio of 34.48, a P/E/G ratio of 3.38 and a beta of 0.63. Jack Henry & Associates has a one year low of $146.46 and a one year high of $189.63. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a 50-day moving average price of $179.13 and a 200 day moving average price of $170.51.

Jack Henry & Associates Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 6th were paid 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 1.22%. Jack Henry & Associates’s payout ratio is currently 42.15%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Oppenheimer assumed coverage on Jack Henry & Associates in a report on Tuesday, October 1st. They issued an “outperform” rating and a $206.00 target price on the stock. Robert W. Baird boosted their target price on Jack Henry & Associates from $186.00 to $195.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. UBS Group boosted their target price on Jack Henry & Associates from $180.00 to $190.00 and gave the company a “neutral” rating in a report on Thursday. Keefe, Bruyette & Woods upped their price objective on Jack Henry & Associates from $180.00 to $190.00 and gave the stock a “market perform” rating in a report on Thursday. Finally, StockNews.com lowered Jack Henry & Associates from a “buy” rating to a “hold” rating in a report on Thursday. Eleven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target 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.