Jack Henry & Associates, Inc. (NASDAQ:JKHY) Given Consensus Rating of "Hold" by Analysts

Key Points

• Jack Henry & Associates, Inc. has received a consensus rating of "Hold" from eleven analysts, with one sell, seven hold, and three buy recommendations.
• The company recently reported better-than-expected earnings, with an EPS of $1.75, surpassing the consensus estimate by $0.25, and a revenue increase of 9.9% year-over-year.
• Jack Henry & Associates announced a quarterly dividend of $0.58, representing an annualized dividend of $2.32 and a yield of 1.6%.

Shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY - Get Free Report) have earned a consensus rating of "Hold" from the eleven analysts that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $182.3333.

Several brokerages have issued reports on JKHY. Royal Bank Of Canada dropped their price target on Jack Henry & Associates from $203.00 to $185.00 and set a "sector perform" rating for the company in a research note on Thursday, August 21st. UBS Group dropped their price target on Jack Henry & Associates from $185.00 to $175.00 and set a "neutral" rating for the company in a research note on Thursday, August 21st. DA Davidson set a $204.00 price target on Jack Henry & Associates in a research note on Friday, August 22nd. Keefe, Bruyette & Woods dropped their price target on Jack Henry & Associates from $183.00 to $178.00 and set a "market perform" rating for the company in a research note on Thursday, August 21st. Finally, Wall Street Zen upgraded Jack Henry & Associates from a "hold" rating to a "buy" rating in a report on Saturday, September 20th.

Insider Activity at Jack Henry & Associates

In other news, Director David B. Foss sold 5,780 shares of Jack Henry & Associates stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $167.28, for a total value of $966,878.40. Following the transaction, the director owned 139,265 shares in the company, valued at approximately $23,296,249.20. The trade was a 3.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.37% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Two Sigma Advisers LP increased its holdings in Jack Henry & Associates by 21.4% during the 4th quarter. Two Sigma Advisers LP now owns 3,400 shares of the technology company's stock valued at $596,000 after purchasing an additional 600 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Jack Henry & Associates during the 4th quarter valued at about $4,974,000. Wealth Enhancement Advisory Services LLC increased its holdings in Jack Henry & Associates by 40.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 9,964 shares of the technology company's stock valued at $1,747,000 after purchasing an additional 2,888 shares during the period. Wellington Management Group LLP increased its holdings in Jack Henry & Associates by 17.2% during the 4th quarter. Wellington Management Group LLP now owns 2,886 shares of the technology company's stock valued at $506,000 after purchasing an additional 423 shares during the period. Finally, AdvisorNet Financial Inc increased its holdings in Jack Henry & Associates by 9.8% during the 1st quarter. AdvisorNet Financial Inc now owns 838 shares of the technology company's stock valued at $153,000 after purchasing an additional 75 shares during the period. Hedge funds and other institutional investors own 98.75% of the company's stock.

Jack Henry & Associates Stock Performance

NASDAQ:JKHY opened at $149.38 on Monday. The firm has a market capitalization of $10.86 billion, a price-to-earnings ratio of 23.94, a P/E/G ratio of 2.66 and a beta of 0.79. Jack Henry & Associates has a 52-week low of $148.30 and a 52-week high of $196.00. The stock has a fifty day moving average of $163.27 and a 200 day moving average of $172.52.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last posted its quarterly earnings data on Tuesday, August 19th. The technology company reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.25. Jack Henry & Associates had a return on equity of 22.60% and a net margin of 19.19%.The company had revenue of $615.37 million during the quarter, compared to analyst estimates of $602.20 million. During the same quarter last year, the company earned $1.33 earnings per share. The firm's quarterly revenue was up 9.9% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at EPS. Equities analysts forecast that Jack Henry & Associates will post 5.83 earnings per share for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Friday, September 5th were issued a $0.58 dividend. The ex-dividend date was Friday, September 5th. This represents a $2.32 annualized dividend and a dividend yield of 1.6%. Jack Henry & Associates's payout ratio is currently 37.18%.

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.

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