Jack Henry & Associates (JKHY) Set to Announce Earnings on Tuesday

Jack Henry & Associates (NASDAQ:JKHY) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect Jack Henry & Associates to post earnings of $1.16 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Jack Henry & Associates (NASDAQ:JKHY) last announced its quarterly earnings results on Wednesday, February 7th. The technology company reported $1.26 EPS for the quarter, beating the consensus estimate of $1.14 by $0.12. The company had revenue of $545.70 million for the quarter, compared to analyst estimates of $540.34 million. Jack Henry & Associates had a net margin of 17.26% and a return on equity of 22.67%. The firm’s revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.10 earnings per share. On average, analysts expect Jack Henry & Associates to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Jack Henry & Associates Stock Down 1.7 %

Shares of NASDAQ:JKHY traded down $2.90 during trading on Tuesday, hitting $163.22. 78,589 shares of the company were exchanged, compared to its average volume of 419,655. The firm’s 50 day moving average price is $170.38 and its 200-day moving average price is $163.50. Jack Henry & Associates has a 12-month low of $136.57 and a 12-month high of $178.37. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.37 and a quick ratio of 1.37. The stock has a market capitalization of $11.89 billion, a P/E ratio of 32.51, a PEG ratio of 3.87 and a beta of 0.66.

Jack Henry & Associates Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 8th were given a $0.55 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This is a boost from Jack Henry & Associates’s previous quarterly dividend of $0.52. This represents a $2.20 dividend on an annualized basis and a yield of 1.35%. Jack Henry & Associates’s payout ratio is 43.05%.

Wall Street Analyst Weigh In

JKHY has been the topic of a number of research analyst reports. Wolfe Research began coverage on Jack Henry & Associates in a research report on Thursday, March 7th. They set a “peer perform” rating on the stock. Citigroup started coverage on Jack Henry & Associates in a research note on Thursday, January 18th. They issued a “neutral” rating and a $177.00 price objective for the company. Royal Bank of Canada raised their target price on shares of Jack Henry & Associates from $161.00 to $181.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 8th. StockNews.com cut shares of Jack Henry & Associates from a “buy” rating to a “hold” rating in a report on Saturday, April 20th. Finally, Robert W. Baird increased their price target on shares of Jack Henry & Associates from $180.00 to $186.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 17th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $172.42.

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.