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

Jack Henry & Associates (NASDAQ:JKHY) issued its quarterly earnings results on Tuesday. The technology company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.02, Briefing.com reports. Jack Henry & Associates had a net margin of 17.23% and a return on equity of 21.63%. The company had revenue of $600.98 million during the quarter, compared to analyst estimates of $599.56 million. During the same quarter last year, the business posted $1.39 EPS. Jack Henry & Associates’s quarterly revenue was up 5.2% compared to the same quarter last year. 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 Price Performance

Shares of JKHY traded down $3.79 during trading hours on Wednesday, reaching $181.73. 876,163 shares of the company’s stock traded hands, compared to its average volume of 441,471. Jack Henry & Associates has a 12 month low of $142.93 and a 12 month high of $189.63. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.03. The stock has a market cap of $13.25 billion, a PE ratio of 34.87, a price-to-earnings-growth ratio of 3.36 and a beta of 0.63. The firm’s 50 day simple moving average is $178.83 and its 200-day simple moving average is $170.37.

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 given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 1.21%. The ex-dividend date was Friday, September 6th. Jack Henry & Associates’s payout ratio is 42.15%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on JKHY shares. Keefe, Bruyette & Woods raised their target price on Jack Henry & Associates from $178.00 to $180.00 and gave the stock a “market perform” rating in a research report on Thursday, August 22nd. StockNews.com upgraded Jack Henry & Associates from a “hold” rating to a “buy” rating in a research note on Thursday, August 15th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $181.00 price objective on shares of Jack Henry & Associates in a report on Friday, September 6th. Oppenheimer began coverage on shares of Jack Henry & Associates in a research note on Tuesday, October 1st. They issued an “outperform” rating and a $206.00 target price for the company. Finally, Robert W. Baird upped their price target on shares of Jack Henry & Associates from $186.00 to $195.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Eight equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $185.40.

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.