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

Jack Henry & Associates (NASDAQ:JKHY) announced its quarterly earnings results on Tuesday. The technology company reported $1.63 EPS for the quarter, beating the consensus estimate of $1.61 by $0.02, Briefing.com reports. Jack Henry & Associates had a return on equity of 21.63% and a net margin of 17.23%. The firm had revenue of $600.98 million for 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% on a year-over-year basis. 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

Jack Henry & Associates stock traded down $0.43 during mid-day trading on Thursday, hitting $179.97. 720,728 shares of the company were exchanged, compared to its average volume of 445,537. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.00 and a quick ratio of 1.00. The business’s 50 day simple moving average is $179.13 and its two-hundred day simple moving average is $170.51. The company has a market capitalization of $13.12 billion, a P/E ratio of 34.48, a PEG ratio of 3.38 and a beta of 0.63. Jack Henry & Associates has a 12-month low of $146.46 and a 12-month high of $189.63.

Jack Henry & Associates Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 6th were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 1.22%. The ex-dividend date was Friday, September 6th. Jack Henry & Associates’s payout ratio is currently 42.15%.

Analyst Ratings Changes

Several brokerages have weighed in on JKHY. StockNews.com raised Jack Henry & Associates from a “hold” rating to a “buy” rating in a report on Thursday, August 15th. UBS Group lifted their price target on Jack Henry & Associates from $180.00 to $190.00 and gave the company a “neutral” rating in a research report on Thursday. Stephens reiterated an “equal weight” rating and set a $170.00 price target on shares of Jack Henry & Associates in a research report on Wednesday. Robert W. Baird lifted 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. Finally, Compass Point began coverage on Jack Henry & Associates in a research report on Wednesday, September 4th. They set a “neutral” rating and a $186.00 price target for the company. Nine analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $188.73.

About Jack Henry & Associates

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.