Zacks Research Has Negative Outlook for JKHY Q1 Earnings

Jack Henry & Associates, Inc. (NASDAQ:JKHY) – Equities research analysts at Zacks Research lowered their Q1 2027 earnings estimates for shares of Jack Henry & Associates in a research report issued to clients and investors on Monday, December 16th. Zacks Research analyst R. Department now anticipates that the technology company will post earnings of $1.74 per share for the quarter, down from their prior forecast 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 posted its earnings results on Tuesday, November 5th. The technology company reported $1.63 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.02. The business had revenue of $600.98 million during the quarter, compared to analyst estimates of $599.56 million. Jack Henry & Associates had a return on equity of 21.81% and a net margin of 17.79%. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.39 EPS.

A number of other analysts also recently issued reports on the stock. Oppenheimer started coverage on shares of Jack Henry & Associates in a report on Tuesday, October 1st. They set an “outperform” rating and a $206.00 price target on the stock. UBS Group raised their target price on shares of Jack Henry & Associates from $180.00 to $190.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Compass Point initiated coverage on shares of Jack Henry & Associates in a research note on Wednesday, September 4th. They set a “neutral” rating and a $186.00 target price for the company. Keefe, Bruyette & Woods raised their price target on Jack Henry & Associates from $180.00 to $190.00 and gave the stock a “market perform” rating in a research note on Thursday, November 7th. Finally, Stephens reiterated an “equal weight” rating and set a $170.00 price objective on shares of Jack Henry & Associates in a research report on Wednesday, November 6th. Eleven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $189.00.

Jack Henry & Associates Price Performance

NASDAQ JKHY opened at $175.99 on Thursday. Jack Henry & Associates has a one year low of $157.00 and a one year high of $189.63. The stock has a 50-day moving average of $178.55 and a 200 day moving average of $172.38. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.11 and a current ratio of 1.11. The company has a market capitalization of $12.84 billion, a price-to-earnings ratio of 32.23, a PEG ratio of 3.37 and a beta of 0.61.

Jack Henry & Associates Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 2nd will be given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date is Monday, December 2nd. Jack Henry & Associates’s payout ratio is 40.29%.

Insiders Place Their Bets

In other Jack Henry & Associates news, insider David B. Foss sold 18,770 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 138,665 shares in the company, valued at $23,756,087.80. This represents a 11.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.37% of the company’s stock.

Institutional Trading of Jack Henry & Associates

Institutional investors and hedge funds have recently modified their holdings of the company. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in Jack Henry & Associates in the 3rd quarter worth approximately $618,000. Principal Financial Group Inc. raised its position in shares of Jack Henry & Associates by 188.4% during the second quarter. Principal Financial Group Inc. now owns 282,010 shares of the technology company’s stock valued at $46,819,000 after buying an additional 184,210 shares during the last quarter. XTX Topco Ltd lifted its holdings in shares of Jack Henry & Associates by 137.3% in the third quarter. XTX Topco Ltd now owns 7,761 shares of the technology company’s stock worth $1,370,000 after buying an additional 4,491 shares in the last quarter. Lombard Odier Asset Management Europe Ltd bought a new position in shares of Jack Henry & Associates during the second quarter worth $1,245,000. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its stake in Jack Henry & Associates by 60.7% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 13,962 shares of the technology company’s stock valued at $2,318,000 after acquiring an additional 5,274 shares in the last quarter. 98.75% of the stock is currently owned by institutional investors.

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.