Latest news with #JKHY
Yahoo
5 days ago
- Business
- Yahoo
Jack Henry & Associates' Quarterly Earnings Preview: What You Need to Know
Monett, Missouri-based Jack Henry & Associates, Inc. (JKHY) is a financial technology company that connects people and financial institutions through technology solutions and payment processing services. With a market cap of $13.1 billion, the company operates through four segments: Core, Payments, Complementary, and Corporate and Other. JKHY is scheduled to report its Q4 earnings on Tuesday, Aug. 19. Ahead of this event, analysts expect the company to report a profit of $1.46 per share, up 5.8% from $1.38 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the past four quarters, which is impressive. More News from Barchart NVDA Broken Wing Butterfly Trade Targets A Profit Zone Between 150 and 160 Is Opendoor Stock a Buy at New 52-Week Highs? Billionaire Peter Thiel is Betting Big on Stablecoins. Should You Buy the "MicroStrategy of Ethereum," Too? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For fiscal 2025, analysts expect JKHY to report an EPS of $5.84, up 11.7% year over year from $5.23 in fiscal 2024. JKHY stock has grown 8.1% over the past 52 weeks, underperforming the Technology Select Sector SPDR Fund's (XLK) 15.6% surge and the S&P 500 Index's ($SPX) 14.5% uptick during the same time frame. On May 6, JKHY shares closed down marginally following the release of its Q3 results. The company's revenue totaled $85.1 million, falling short of Wall Street's forecasts of $586.8 million. However, its adjusted EPS came in at $1.52, surpassing the consensus estimates by 17.8%. Looking ahead, JKHY expects full-year adjusted EPS to be between $5.83 and $5.87, and adjusted revenue in the range of $2.33 billion to $2.34 billion. Wall Street analysts are skeptical about JKHY's stock, with a "Hold" rating overall. Among 17 analysts covering the stock, three suggest a 'Strong Buy,' 12 suggest a 'Hold,' and two suggest a 'Strong Buy.' JKHY's average analyst price target of $185.62 indicates a 2.8% potential upside from the current levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
25-06-2025
- Business
- Yahoo
Is Jack Henry & Associates Stock Underperforming the Dow?
Monett, Missouri-based Jack Henry & Associates, Inc. (JKHY) is a financial technology company that connects people and financial institutions through technology solutions and payment processing services that reduce the barriers to financial health. With a market cap of $13.2 billion, the company also performs data conversion and software installation and customization for the implementation of its systems along with continuing customer maintenance. Companies worth $10 billion or more are generally described as 'large-cap stocks,' and JKHY fits right into that category with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the information technology services industry. JKHY's investment in R&D demonstrates its commitment to innovation, enhancing existing products and leading in new financial technologies. Its flexible on-premise and cloud-based solutions, combined with exceptional customer service and robust data security, drive strong client retention and position JKHY as a trusted partner for financial institutions. Super Micro Computer Just Struck a Deal with Ericsson. Should You Buy SMCI Stock Here? CEO Jensen Huang Just Sold Nvidia Stock. Should You? Broadcom Just Got a New Street-High Price Target. Should You Buy AVGO Stock Here? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Despite its notable strength, JKHY slipped 7.6% from its 52-week high of $196, achieved on Mar. 10. Over the past three months, JKHY stock rose 4.7%, outperforming the Dow Jones Industrials Average's ($DOWI) 1.2% gains during the same time frame. In the longer term, shares of JKHY rose 3.3% on a YTD basis, outperforming DOWI's YTD gains of 1.3%. However, the stock climbed 8.8% over the past 52 weeks, underperforming DOWI's 9.3% returns over the last year. To confirm the bullish trend, JKHY has been trading above its 50-day and 200-day moving averages since early May. On May 6, JKHY shares closed down marginally after reporting its Q3 results. Its EPS of $1.52 beat Wall Street expectations of $1.29. The company's revenue was $585.1 million, failing to meet Wall Street forecasts of $586.8 million. JKHY expects full-year adjusted EPS to be between $5.83 and $5.87, and expects adjusted revenue in the range of $2.33 billion to $2.34 billion. JKHY's rival, Fidelity National Information Services, Inc. (FIS) has lagged behind the stock, with a 1.7% uptick on a YTD basis and 8.7% gains over the past 52 weeks. Wall Street analysts are cautious on JKHY's prospects. The stock has a consensus 'Hold' rating from the 18 analysts covering it, and the mean price target of $186.28 suggests a potential upside of 2.9% from current price levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
06-05-2025
- Business
- Reuters
Jack Henry's third-quarter profit rises on strong fintech demand
May 6 (Reuters) - Jack Henry & Associates (JKHY.O), opens new tab posted about a 28% rise in third-quarter profit on Tuesday, helped by strong demand for the financial technology company's products and services. The Monett, Missouri-based company offers a range of services from payment processing to business process automation primarily to small- and mid-size financial institutions, helping them to streamline operations and improve efficiency as digital banking picks up pace. here. Jack Henry's services and support revenue increased 8.5% to about $330.8 million during the quarter ended March 31, while its processing revenue increased 8.9% to $254.3 million. The company's profit rose to $111.1 million, or $1.52 per share, during the period, from $87.1 million, or $1.19 per share, a year earlier.
Washington Post
06-05-2025
- Business
- Washington Post
Jack Henry: Fiscal Q3 Earnings Snapshot
MONETT, Mo. — MONETT, Mo. — Jack Henry & Associates Inc. (JKHY) on Tuesday reported fiscal third-quarter net income of $111.1 million. On a per-share basis, the Monett, Missouri-based company said it had net income of $1.52.
San Francisco Chronicle
06-05-2025
- Business
- San Francisco Chronicle
Jack Henry: Fiscal Q3 Earnings Snapshot
MONETT, Mo. (AP) — MONETT, Mo. (AP) — Jack Henry & Associates Inc. (JKHY) on Tuesday reported fiscal third-quarter net income of $111.1 million. On a per-share basis, the Monett, Missouri-based company said it had net income of $1.52. The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share. The payment processsing company posted revenue of $585.1 million in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $586.8 million. Jack Henry expects full-year earnings to be $6 to $6.09 per share, with revenue in the range of $2.35 billion to $2.37 billion. _____
