Equities research analysts expect Jack Henry & Associates, Inc. (NASDAQ:JKHY) to announce earnings of $0.83 per share for the current quarter, according to Zacks. Three analysts have issued estimates for Jack Henry & Associates’ earnings. Jack Henry & Associates posted earnings per share of $1.06 in the same quarter last year, which suggests a negative year over year growth rate of 21.7%. The company is scheduled to report its next earnings report on Tuesday, August 15th.
According to Zacks, analysts expect that Jack Henry & Associates will report full year earnings of $3.15 per share for the current year, with EPS estimates ranging from $3.14 to $3.15. For the next financial year, analysts expect that the company will report earnings of $3.41 per share, with EPS estimates ranging from $3.37 to $3.48. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that follow Jack Henry & Associates.
Separately, Zacks Investment Research downgraded Jack Henry & Associates from a “buy” rating to a “hold” rating in a report on Tuesday, April 11th.
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In other Jack Henry & Associates news, insider John F. Prim sold 9,650 shares of the firm’s stock in a transaction dated Tuesday, June 13th. The stock was sold at an average price of $103.89, for a total value of $1,002,538.50. Following the sale, the insider now directly owns 206,164 shares of the company’s stock, valued at approximately $21,418,377.96. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Wesley A. Brown sold 2,800 shares of the firm’s stock in a transaction dated Friday, May 26th. The stock was sold at an average price of $104.90, for a total value of $293,720.00. Following the completion of the sale, the director now directly owns 80,278 shares in the company, valued at $8,421,162.20. The disclosure for this sale can be found here. In the last quarter, insiders have sold 13,350 shares of company stock valued at $1,383,334. 0.80% of the stock is currently owned by company insiders.
Several institutional investors have recently added to or reduced their stakes in JKHY. National Planning Corp raised its position in Jack Henry & Associates by 0.3% in the second quarter. National Planning Corp now owns 3,541 shares of the technology company’s stock valued at $365,000 after buying an additional 11 shares in the last quarter. Wrapmanager Inc. increased its stake in shares of Jack Henry & Associates by 0.4% in the second quarter. Wrapmanager Inc. now owns 3,521 shares of the technology company’s stock valued at $366,000 after buying an additional 13 shares during the last quarter. McQueen Ball & Associates Inc. increased its stake in shares of Jack Henry & Associates by 0.3% in the second quarter. McQueen Ball & Associates Inc. now owns 8,969 shares of the technology company’s stock valued at $932,000 after buying an additional 27 shares during the last quarter. Atria Investments LLC increased its stake in shares of Jack Henry & Associates by 0.8% in the first quarter. Atria Investments LLC now owns 3,790 shares of the technology company’s stock valued at $353,000 after buying an additional 29 shares during the last quarter. Finally, Cue Financial Group Inc. increased its stake in shares of Jack Henry & Associates by 0.3% in the first quarter. Cue Financial Group Inc. now owns 9,305 shares of the technology company’s stock valued at $866,000 after buying an additional 30 shares during the last quarter. 87.92% of the stock is currently owned by institutional investors and hedge funds.
Jack Henry & Associates (NASDAQ:JKHY) traded down 0.04% during trading on Tuesday, reaching $106.58. 179,212 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $105.25 and a 200-day moving average of $98.02. Jack Henry & Associates has a 52 week low of $79.00 and a 52 week high of $109.67. The stock has a market capitalization of $8.28 billion, a PE ratio of 31.58 and a beta of 0.75.
About Jack Henry & Associates
Jack Henry & Associates, Inc is a provider of information processing solutions for community banks. The Company offers a range of products and services, including processing transactions, automating business processes, and managing information financial institutions and diverse corporate entities. It operates in two segments: bank systems and services (Bank) and credit union systems and services (Credit Union).
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