Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 5.650-5.740 for the period, compared to the consensus EPS estimate of 5.740. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.4 billion.
Analyst Ratings Changes
A number of research firms have recently issued reports on JKHY. Royal Bank of Canada boosted their price target on shares of Jack Henry & Associates from $181.00 to $203.00 and gave the company a “sector perform” rating in a research note on Thursday, November 7th. UBS Group upped their price target on Jack Henry & Associates from $180.00 to $190.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Keefe, Bruyette & Woods lifted their price objective on Jack Henry & Associates from $180.00 to $190.00 and gave the company a “market perform” rating in a research note on Thursday, November 7th. StockNews.com lowered Jack Henry & Associates from a “buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Finally, Wells Fargo & Company assumed coverage on Jack Henry & Associates in a research report on Tuesday, January 14th. They issued an “underweight” rating and a $155.00 target price for the company. One analyst has rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $186.80.
Read Our Latest Stock Report on Jack Henry & Associates
Jack Henry & Associates Stock Down 0.4 %
Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) last posted its earnings results on Tuesday, February 4th. The technology company reported $1.34 earnings per share for the quarter, missing the consensus estimate of $1.37 by ($0.03). Jack Henry & Associates had a return on equity of 21.81% and a net margin of 17.79%. On average, analysts forecast that Jack Henry & Associates will post 5.81 earnings per share for the current fiscal year.
Jack Henry & Associates Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 2nd were issued a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend was Monday, December 2nd. Jack Henry & Associates’s payout ratio is 40.29%.
Insider Buying and Selling at Jack Henry & Associates
In related news, insider David B. Foss sold 18,770 shares of the business’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $171.32, for a total value of $3,215,676.40. Following the transaction, the insider now owns 138,665 shares in the company, valued at $23,756,087.80. The trade was a 11.92 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.37% of the stock is currently owned by insiders.
About Jack Henry & Associates
Jack Henry & Associates, Inc is a financial technology company, which engages in the provision of technology solutions and payment processing services. It operates through the following segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer and member information.
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