Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 5.780-5.870 for the period, compared to the consensus earnings per share estimate of 5.830. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.4 billion. Jack Henry & Associates also updated its FY25 guidance to $5.78-5.87 EPS.
Analysts Set New Price Targets
Several analysts have issued reports on JKHY shares. StockNews.com upgraded Jack Henry & Associates from a “hold” rating to a “buy” rating in a report on Thursday, August 15th. Oppenheimer assumed coverage on shares of Jack Henry & Associates in a report on Tuesday, October 1st. They issued an “outperform” rating and a $206.00 price objective for the company. Royal Bank of Canada reiterated a “sector perform” rating and issued a $181.00 target price on shares of Jack Henry & Associates in a report on Friday, September 6th. Compass Point started 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. Finally, Robert W. Baird raised their price target on Jack Henry & Associates from $186.00 to $195.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $187.11.
Jack Henry & Associates Stock Up 0.7 %
Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) last issued its earnings results on Tuesday, August 20th. The technology company reported $1.38 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $563.37 million. During the same quarter in the prior year, the business posted $1.34 EPS. Sell-side analysts predict that Jack Henry & Associates will post 5.82 EPS for the current year.
Jack Henry & Associates Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 6th were issued a $0.55 dividend. The ex-dividend date was Friday, September 6th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.19%. Jack Henry & Associates’s payout ratio is 42.15%.
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.
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