Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) - Zacks Research dropped their Q1 2027 earnings per share estimates for shares of Jack Henry & Associates in a note issued to investors on Monday, December 16th. Zacks Research analyst R. Department now forecasts that the technology company will earn $1.74 per share for the quarter, down from their previous estimate 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 earnings per share for the quarter, beating analysts' consensus estimates of $1.61 by $0.02. The business had revenue of $600.98 million for the quarter, compared to analysts' expectations of $599.56 million. Jack Henry & Associates had a net margin of 17.79% and a return on equity of 21.81%. The business's revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.39 earnings per share.
Other equities analysts also recently issued research reports about the company. UBS Group upped their price objective on Jack Henry & Associates from $180.00 to $190.00 and gave the company a "neutral" rating in a research report on Thursday, November 7th. Oppenheimer assumed coverage on shares of Jack Henry & Associates in a research report on Tuesday, October 1st. They set an "outperform" rating and a $206.00 target price on the stock. Keefe, Bruyette & Woods raised their price objective on Jack Henry & Associates from $180.00 to $190.00 and gave the stock a "market perform" rating in a report on Thursday, November 7th. William Blair downgraded Jack Henry & Associates from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, November 6th. Finally, Royal Bank of Canada increased their target price on shares of Jack Henry & Associates from $181.00 to $203.00 and gave the stock a "sector perform" rating in a report on Thursday, November 7th. Eleven research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Jack Henry & Associates currently has an average rating of "Hold" and a consensus price target of $189.00.
Get Our Latest Analysis on JKHY
Jack Henry & Associates stock traded up $0.93 during midday trading on Thursday, reaching $177.43. The stock had a trading volume of 109,738 shares, compared to its average volume of 472,121. Jack Henry & Associates has a 52-week low of $157.00 and a 52-week high of $189.63. The company has a fifty day moving average of $178.66 and a 200 day moving average of $172.36. The firm has a market cap of $12.95 billion, a price-to-earnings ratio of 32.50, a price-to-earnings-growth 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.
The company 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 dividend of $0.55 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $2.20 dividend on an annualized basis and a yield of 1.24%. Jack Henry & Associates's payout ratio is 40.29%.
In related news, insider David B. Foss sold 18,770 shares of the stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $171.32, for a total value of $3,215,676.40. Following the completion of the transaction, the insider now directly owns 138,665 shares of the company's stock, valued at $23,756,087.80. This trade represents a 11.92 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.37% of the company's stock.
Hedge funds have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Jack Henry & Associates by 9.4% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,372 shares of the technology company's stock valued at $1,058,000 after purchasing an additional 545 shares during the period. Blue Trust Inc. raised its position in Jack Henry & Associates by 148.9% during the 2nd quarter. Blue Trust Inc. now owns 224 shares of the technology company's stock worth $39,000 after buying an additional 134 shares during the last quarter. Fifth Third Bancorp lifted its stake in Jack Henry & Associates by 14.5% during the 2nd quarter. Fifth Third Bancorp now owns 1,270 shares of the technology company's stock valued at $211,000 after acquiring an additional 161 shares during the period. &PARTNERS purchased a new stake in shares of Jack Henry & Associates in the 2nd quarter valued at $638,000. Finally, LRI Investments LLC increased its stake in shares of Jack Henry & Associates by 8.1% in the second quarter. LRI Investments LLC now owns 1,116 shares of the technology company's stock worth $185,000 after acquiring an additional 84 shares during the period. Institutional investors and hedge funds own 98.75% of the company's stock.
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.
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