Jack Henry & Associates (NASDAQ:JKHY) Updates FY25 Earnings Guidance

Jack Henry & Associates (NASDAQ:JKHY) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $5.78-5.87 for the period, compared to the consensus earnings per share estimate of $5.83. The company issued revenue guidance of $2.369-2.391 billion, compared to the consensus revenue estimate of $2.37 billion.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on JKHY shares. Compass Point assumed coverage on Jack Henry & Associates in a report on Wednesday, September 4th. They set a “neutral” rating and a $186.00 price target for the company. Keefe, Bruyette & Woods boosted their price objective on shares of Jack Henry & Associates from $178.00 to $180.00 and gave the stock a “market perform” rating in a report on Thursday, August 22nd. Robert W. Baird boosted their price target on Jack Henry & Associates from $186.00 to $195.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. StockNews.com upgraded shares of Jack Henry & Associates from a “hold” rating to a “buy” rating in a research note on Thursday, August 15th. Finally, Oppenheimer initiated coverage on shares of Jack Henry & Associates in a report on Tuesday, October 1st. They set an “outperform” rating and a $206.00 price objective for the company. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $187.11.

Jack Henry & Associates Price Performance

JKHY traded up $1.20 during midday trading on Tuesday, hitting $185.52. The company had a trading volume of 601,281 shares, compared to its average volume of 439,620. Jack Henry & Associates has a twelve month low of $142.93 and a twelve month high of $186.93. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.00 and a current ratio of 1.00. The firm’s 50-day simple moving average is $178.55 and its 200-day simple moving average is $170.23. The company has a market capitalization of $13.53 billion, a PE ratio of 35.31, a P/E/G ratio of 3.36 and a beta of 0.63.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings results on Tuesday, August 20th. The technology company reported $1.38 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.08. The company had revenue of $559.91 million for the quarter, compared to the consensus estimate of $563.37 million. Jack Henry & Associates had a return on equity of 21.63% and a net margin of 17.23%. During the same quarter in the prior year, the business posted $1.34 EPS. Equities research analysts predict that Jack Henry & Associates will post 5.82 EPS for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 6th were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 1.19%. The ex-dividend date was Friday, September 6th. Jack Henry & Associates’s dividend payout ratio is 42.15%.

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.