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

Jack Henry & Associates (NASDAQ:JKHY) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $5.78-5.87 for the period, compared to the consensus EPS 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.

Jack Henry & Associates Trading Up 0.7 %

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

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

Jack Henry & Associates Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on JKHY shares. StockNews.com upgraded shares of Jack Henry & Associates from a “hold” rating to a “buy” rating in a report on Thursday, August 15th. Oppenheimer began coverage on Jack Henry & Associates in a report on Tuesday, October 1st. They set an “outperform” rating and a $206.00 price objective on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $181.00 price target on shares of Jack Henry & Associates in a research note on Friday, September 6th. Robert W. Baird upped their target price on shares of Jack Henry & Associates from $186.00 to $195.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Finally, Keefe, Bruyette & Woods increased their target price on Jack Henry & Associates from $178.00 to $180.00 and gave the company a “market perform” rating in a research report on Thursday, August 22nd. Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Jack Henry & Associates currently has a consensus rating of “Hold” and an average target price of $187.11.

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.