Here's Why Jack Henry (JKHY) is a Strong Momentum Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Jack Henry & Associates: A Quality Firm At A Price That Is Difficult To Justify
Jack Henry & Associates fell short of revenue expectations for the final quarter of 2024 but exceeded earnings forecasts. Management's guidance for the 2025 fiscal year suggests continued growth and potential for investors. The company's strong financial results and growth potential are offset by a lofty share price, leading to a 'hold' rating.
Jack Henry (JKHY) Q4 Earnings Beat Estimates, Revenues Up Y/Y
Jack Henry & Associates' (JKHY) fourth-quarter fiscal 2024 results benefit from growing processing revenues.
Jack Henry (JKHY) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Jack Henry (JKHY) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Jack Henry (JKHY) Beats Q4 Earnings Estimates
Jack Henry (JKHY) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.34 per share a year ago.
Jack Henry sees annual profit above estimates on strong fintech demand
Jack Henry forecast fiscal 2025 profit above Wall Street estimates on Tuesday, on resilient demand for the financial technology company's products and services.
Insights Into Jack Henry (JKHY) Q4: Wall Street Projections for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Jack Henry (JKHY), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.
Jack Henry (JKHY) Boosts Clientele With FFBKC Partnership
Jack Henry (JKHY) partners with FFBKC in a bid to boost its customer base.
Jack Henry (JKHY) Upgraded to Buy: What Does It Mean for the Stock?
Jack Henry (JKHY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Jack Henry (JKHY) Expands Customer Base With Quail Creek Bank
Jack Henry (JKHY) partners with a community bank, Quail Creek Bank, in a bid to boost its customer base.
Meridian Wealth Management LLC Makes New $200,000 Investment in Jack Henry & Associates, Inc. (NASDAQ:JKHY)
Meridian Wealth Management LLC acquired a new stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,226 shares of the technology company’s stock, valued at approximately $200,000. Other hedge funds have also recently modified their holdings of the company. NBC Securities Inc. purchased a new position in Jack Henry & Associates during the 3rd quarter valued at about $30,000. Planned Solutions Inc. purchased a new position in shares of Jack Henry & Associates during the fourth quarter valued at approximately $33,000. Anchor Investment Management LLC bought a new stake in shares of Jack Henry & Associates in the 4th quarter worth approximately $35,000. VisionPoint Advisory Group LLC purchased a new stake in shares of Jack Henry & Associates in the 4th quarter worth approximately $44,000. Finally, Federated Hermes Inc. bought a new position in Jack Henry & Associates during the 3rd quarter valued at approximately $72,000. Institutional investors own 98.75% of the company’s stock. Wall Street Analysts Forecast Growth A number of equities research analysts have recently commented on the company. William Blair reissued an “outperform” rating on shares of Jack Henry & Associates in a research note on Wednesday, May 8th. StockNews.com raised Jack Henry & Associates from a “hold” rating to a “buy” rating in a report on Monday, May 13th. Robert W. Baird lifted their price objective on Jack Henry & Associates from $180.00 to $186.00 and gave the stock a “neutral” rating in a report on Wednesday, April 17th. Evercore ISI upped their target price on shares of Jack Henry & Associates from $157.00 to $172.00 and gave the company an “in-line” rating in a research note on Tuesday, March 26th. Finally, Royal Bank of Canada lifted their price target on shares of Jack Henry & Associates from $161.00 to $181.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 8th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $174.42. Check Out Our Latest Stock Analysis on JKHY Jack Henry & Associates Stock Performance NASDAQ JKHY opened at $168.99 on Monday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.14. Jack Henry & Associates, Inc. has a twelve month low of $136.57 and a twelve month high of $178.37. The business has a 50-day moving average price of $168.25 and a 200-day moving average price of $165.58. The firm has a market cap of $12.32 billion, a price-to-earnings ratio of 32.62, a price-to-earnings-growth ratio of 4.35 and a beta of 0.66. Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) last posted its quarterly earnings results on Tuesday, May 7th. The technology company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.02. The business had revenue of $538.56 million during the quarter, compared to the consensus estimate of $541.80 million. Jack Henry & Associates had a return on equity of 22.18% and a net margin of 17.28%. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.12 EPS. As a group, equities research analysts predict that Jack Henry & Associates, Inc. will post 5.2 EPS for the current fiscal year. Jack Henry & Associates Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Tuesday, May 28th will be issued a $0.55 dividend. The ex-dividend date of this dividend is Friday, May 24th. This represents a $2.20 dividend on an annualized basis and a yield of 1.30%. Jack Henry & Associates’s dividend payout ratio is currently 42.47%. About Jack Henry & Associates (Free Report) 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.
