Zacks Research Issues Pessimistic Forecast for JKHY Earnings

Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) - Analysts at Zacks Research dropped their Q1 2027 earnings per share (EPS) estimates for shares of Jack Henry & Associates in a research note issued to investors on Monday, December 16th. Zacks Research analyst R. Department now expects that the technology company will post earnings per share of $1.74 for the quarter, down from their prior forecast of $1.75. The consensus estimate for Jack Henry & Associates' current full-year earnings is $5.80 per share.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last posted its quarterly earnings data on Tuesday, November 5th. The technology company reported $1.63 EPS for the quarter, beating the consensus estimate of $1.61 by $0.02. Jack Henry & Associates had a net margin of 17.79% and a return on equity of 21.81%. The business had revenue of $600.98 million during the quarter, compared to analyst estimates of $599.56 million. During the same quarter last year, the firm posted $1.39 earnings per share. The business's revenue for the quarter was up 5.2% compared to the same quarter last year.

JKHY has been the topic of several other reports. Royal Bank of Canada increased their price objective on 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. Robert W. Baird increased their price target on Jack Henry & Associates from $186.00 to $195.00 and gave the company a "neutral" rating in a research report on Thursday, October 17th. Stephens reissued an "equal weight" rating and set a $170.00 price objective on shares of Jack Henry & Associates in a research report on Wednesday, November 6th. Compass Point began coverage on shares of Jack Henry & Associates in a research note on Wednesday, September 4th. They set a "neutral" rating and a $186.00 target price on the stock. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Jack Henry & Associates from $180.00 to $190.00 and gave the stock a "market perform" rating in a research note on Thursday, November 7th. Eleven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $189.00.

Jack Henry & Associates Stock Down 0.3 %

JKHY stock traded down $0.51 during midday trading on Thursday, hitting $175.99. The company's stock had a trading volume of 777,961 shares, compared to its average volume of 475,015. The firm has a 50-day simple moving average of $178.55 and a 200-day simple moving average of $172.38. The firm has a market capitalization of $12.84 billion, a P/E ratio of 32.23, a PEG ratio of 3.37 and a beta of 0.61. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.03. Jack Henry & Associates has a 52-week low of $157.00 and a 52-week high of $189.63.

Hedge Funds Weigh In On Jack Henry & Associates

A number of hedge funds have recently modified their holdings of JKHY. V Square Quantitative Management LLC grew its position in Jack Henry & Associates by 3.6% during the 3rd quarter. V Square Quantitative Management LLC now owns 1,567 shares of the technology company's stock worth $277,000 after purchasing an additional 54 shares during the last quarter. Bridges Investment Management Inc. grew its holdings in shares of Jack Henry & Associates by 1.7% during the third quarter. Bridges Investment Management Inc. now owns 3,256 shares of the technology company's stock worth $575,000 after buying an additional 55 shares during the last quarter. Raymond James Trust N.A. increased its position in Jack Henry & Associates by 1.3% in the 2nd quarter. Raymond James Trust N.A. now owns 4,804 shares of the technology company's stock valued at $798,000 after acquiring an additional 60 shares during the period. D.A. Davidson & CO. raised its stake in Jack Henry & Associates by 1.2% during the 3rd quarter. D.A. Davidson & CO. now owns 4,969 shares of the technology company's stock valued at $877,000 after acquiring an additional 61 shares during the last quarter. Finally, Advisor OS LLC raised its stake in Jack Henry & Associates by 1.0% during the 2nd quarter. Advisor OS LLC now owns 6,624 shares of the technology company's stock valued at $1,100,000 after acquiring an additional 65 shares during the last quarter. 98.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Jack Henry & Associates news, insider David B. Foss sold 18,770 shares of the business's stock in a transaction that occurred on 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 completion of the sale, the insider now owns 138,665 shares in the company, valued at approximately $23,756,087.80. The trade was a 11.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.37% of the stock is owned by company insiders.

Jack Henry & Associates Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 2nd will be given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend is Monday, December 2nd. Jack Henry & Associates's dividend payout ratio (DPR) is 40.29%.

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.