News headlines about Jack Henry & Associates (NASDAQ:JKHY) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Jack Henry & Associates earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 45.8576056051945 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern’s scoring:
- Robert W. Baird Reiterates Hold Rating for Jack Henry & Associates, Inc. (JKHY) (americanbankingnews.com)
- Financial Review: Jack Henry & Associates (JKHY) and Xura (MESG) (americanbankingnews.com)
- The Charlotte Observer names Jack Henry & Associates to Top Workplaces list for third consecutive year (cuinsight.com)
- Jack Henry & Associates, Inc. (JKHY) Expected to Post Quarterly Sales of $360.50 Million (americanbankingnews.com)
- ICBA Adds CECL Solution from ProfitStars to Preferred Service Provider Program (finance.yahoo.com)
Jack Henry & Associates (NASDAQ:JKHY) opened at 104.88 on Thursday. The stock has a market capitalization of $8.12 billion, a P/E ratio of 33.40 and a beta of 0.75. The stock has a 50 day moving average of $102.32 and a 200 day moving average of $101.51. Jack Henry & Associates has a 52 week low of $79.00 and a 52 week high of $109.67.
Jack Henry & Associates (NASDAQ:JKHY) last released its quarterly earnings results on Tuesday, August 15th. The technology company reported $0.83 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.83. Jack Henry & Associates had a net margin of 17.17% and a return on equity of 24.65%. The company had revenue of $383.77 million for the quarter, compared to analyst estimates of $372.98 million. During the same quarter last year, the firm posted $1.06 earnings per share. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. On average, equities research analysts predict that Jack Henry & Associates will post $3.28 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, September 28th. Stockholders of record on Friday, September 8th were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend was Thursday, September 7th. Jack Henry & Associates’s dividend payout ratio is 39.49%.
JKHY has been the subject of several analyst reports. Zacks Investment Research upgraded shares of Jack Henry & Associates from a “sell” rating to a “hold” rating in a research note on Wednesday, September 6th. Stephens restated an “equal weight” rating and issued a $97.00 target price (up from $93.00) on shares of Jack Henry & Associates in a research note on Friday, August 18th. Robert W. Baird restated a “neutral” rating and issued a $108.00 target price (up from $104.00) on shares of Jack Henry & Associates in a research note on Tuesday. BidaskClub downgraded shares of Jack Henry & Associates from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 19th. Finally, Cantor Fitzgerald initiated coverage on shares of Jack Henry & Associates in a research note on Monday, August 28th. They issued an “overweight” rating and a $112.00 target price for the company. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $105.67.
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In other news, VP Mark S. Forbis sold 2,600 shares of the firm’s stock in a transaction on Wednesday, September 20th. The shares were sold at an average price of $101.16, for a total value of $263,016.00. Following the sale, the vice president now owns 1,696 shares in the company, valued at $171,567.36. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Kevin D. Williams sold 20,000 shares of the firm’s stock in a transaction on Wednesday, September 20th. The stock was sold at an average price of $101.63, for a total transaction of $2,032,600.00. Following the completion of the sale, the insider now owns 43,314 shares in the company, valued at approximately $4,402,001.82. The disclosure for this sale can be found here. Company insiders own 0.78% of the company’s stock.
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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