Zacks Research Issues Pessimistic Outlook for JKHY Earnings

Jack Henry & Associates, Inc. (NASDAQ:JKHY) – Equities research analysts at Zacks Research cut their Q1 2027 EPS 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) last released its quarterly earnings results on Tuesday, November 5th. The technology company reported $1.63 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.02. Jack Henry & Associates had a return on equity of 21.81% and a net margin of 17.79%. The company had revenue of $600.98 million for the quarter, compared to analyst estimates of $599.56 million. During the same period in the previous year, the company posted $1.39 earnings per share. The firm’s revenue was up 5.2% on a year-over-year basis.

Several other analysts also recently commented on JKHY. StockNews.com downgraded shares of Jack Henry & Associates from a “buy” rating to a “hold” rating in a research report on Tuesday, November 26th. William Blair downgraded Jack Henry & Associates from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 6th. Stephens reiterated an “equal weight” rating and issued a $170.00 price target on shares of Jack Henry & Associates in a research note on Wednesday, November 6th. Keefe, Bruyette & Woods lifted 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. Finally, Royal Bank of Canada upped their target price on shares of Jack Henry & Associates from $181.00 to $203.00 and gave the company 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 issued a buy rating to the company. According to data from MarketBeat.com, Jack Henry & Associates currently has a consensus rating of “Hold” and a consensus target price of $189.00.

Jack Henry & Associates Stock Performance

Shares of JKHY opened at $176.74 on Thursday. 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 business’s 50 day moving average price is $178.41 and its 200-day moving average price is $172.48. Jack Henry & Associates has a 52 week low of $157.00 and a 52 week high of $189.63. The stock has a market cap of $12.89 billion, a P/E ratio of 32.37, a P/E/G ratio of 3.37 and a beta of 0.61.

Institutional Investors Weigh In On Jack Henry & Associates

Several large investors have recently added to or reduced their stakes in JKHY. V Square Quantitative Management LLC increased its position in Jack Henry & Associates by 3.6% during the third quarter. V Square Quantitative Management LLC now owns 1,567 shares of the technology company’s stock valued at $277,000 after acquiring an additional 54 shares during the last quarter. Bridges Investment Management Inc. raised its stake 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 valued at $575,000 after acquiring an additional 55 shares in the last quarter. Raymond James Trust N.A. grew its stake in Jack Henry & Associates by 1.3% in the second quarter. Raymond James Trust N.A. now owns 4,804 shares of the technology company’s stock worth $798,000 after purchasing an additional 60 shares in the last quarter. D.A. Davidson & CO. increased its holdings 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 worth $877,000 after purchasing an additional 61 shares during the period. Finally, Advisor OS LLC raised its position 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 purchasing an additional 65 shares in the last quarter. 98.75% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider David B. Foss sold 18,770 shares of the business’s stock in a transaction 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 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 document filed with the SEC, which is accessible through this hyperlink. 1.37% of the stock is owned by company insiders.

Jack Henry & Associates Dividend Announcement

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 paid a dividend of $0.55 per share. The ex-dividend date is Monday, December 2nd. This represents a $2.20 annualized dividend and a yield of 1.24%. Jack Henry & Associates’s payout ratio 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.