Jack Henry & Associates (NASDAQ:JKHY) Updates FY25 Earnings Guidance

Jack Henry & Associates (NASDAQ:JKHY) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $5.78-5.87 for the period, compared to the consensus estimate of $5.83. The company issued revenue guidance of $2.369-2.391 billion, compared to the consensus revenue estimate of $2.37 billion. Jack Henry & Associates also updated its FY 2025 guidance to 5.780-5.870 EPS.

Jack Henry & Associates Trading Up 1.8 %

Shares of NASDAQ JKHY traded up $3.20 on Friday, reaching $183.17. 81,452 shares of the company traded hands, compared to its average volume of 443,859. The stock has a market capitalization of $13.36 billion, a PE ratio of 34.48, a P/E/G ratio of 3.38 and a beta of 0.63. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.03. The company has a 50 day moving average of $179.13 and a 200 day moving average of $170.51. Jack Henry & Associates has a fifty-two week low of $146.46 and a fifty-two week high of $189.63.

Jack Henry & Associates (NASDAQ:JKHY) last announced its quarterly earnings results on Tuesday, November 5th. The technology company reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.02. The firm had revenue of $600.98 million during the quarter, compared to the consensus estimate of $599.56 million. Jack Henry & Associates had a return on equity of 21.63% and a net margin of 17.23%. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.39 EPS. On average, equities research analysts forecast that Jack Henry & Associates will post 5.82 earnings per share for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 6th were given a $0.55 dividend. The ex-dividend date of this dividend was Friday, September 6th. This represents a $2.20 annualized dividend and a dividend yield of 1.20%. Jack Henry & Associates’s payout ratio is 42.15%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. William Blair cut shares of Jack Henry & Associates from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. StockNews.com lowered Jack Henry & Associates from a “buy” rating to a “hold” rating in a report on Thursday. Royal Bank of Canada lifted their target price on Jack Henry & Associates from $181.00 to $203.00 and gave the stock a “sector perform” rating in a report on Thursday. Stephens reissued an “equal weight” rating and issued a $170.00 price target on shares of Jack Henry & Associates in a report on Wednesday. Finally, Oppenheimer assumed coverage on shares of Jack Henry & Associates in a research note on Tuesday, October 1st. They issued an “outperform” rating and a $206.00 price objective on the stock. Eleven investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Jack Henry & Associates currently has an average rating of “Hold” and a consensus target price of $188.73.

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.