Jack Henry & Associates (NASDAQ:JKHY) Posts Quarterly Earnings Results, Misses Expectations By $0.03 EPS

Jack Henry & Associates (NASDAQ:JKHY) issued its quarterly earnings results on Tuesday. The technology company reported $1.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.37 by ($0.03), Zacks reports. Jack Henry & Associates had a return on equity of 21.81% and a net margin of 17.79%. Jack Henry & Associates updated its FY 2025 guidance to 5.650-5.740 EPS.

Jack Henry & Associates Price Performance

JKHY stock opened at $174.08 on Wednesday. The business has a 50 day simple moving average of $174.85 and a 200-day simple moving average of $174.76. The company has a market capitalization of $12.70 billion, a P/E ratio of 31.88, a PEG ratio of 3.47 and a beta of 0.61. Jack Henry & Associates has a twelve month low of $157.00 and a twelve month high of $189.63. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.03.

Jack Henry & Associates Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 2nd were paid a dividend of $0.55 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $2.20 dividend on an annualized basis and a yield of 1.26%. Jack Henry & Associates’s dividend payout ratio is presently 40.29%.

Insider Buying and Selling

In other news, insider David B. Foss sold 18,770 shares of the firm’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $171.32, for a total value of $3,215,676.40. Following the completion of the sale, the insider now owns 138,665 shares in the company, valued at approximately $23,756,087.80. This trade represents a 11.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.37% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on JKHY shares. Stephens reissued an “equal weight” rating and set a $170.00 target price on shares of Jack Henry & Associates in a research note on Wednesday, November 6th. StockNews.com lowered shares of Jack Henry & Associates from a “buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Robert W. Baird raised their target price on shares of Jack Henry & Associates from $186.00 to $195.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. William Blair downgraded shares of Jack Henry & Associates from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 6th. Finally, Wells Fargo & Company assumed coverage on shares of Jack Henry & Associates in a research report on Tuesday, January 14th. They set an “underweight” rating and a $155.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Jack Henry & Associates currently has a consensus rating of “Hold” and an average target price of $186.80.

Jack Henry & Associates Company Profile

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.