Jack Henry & Associates (JKHY) Earns Coverage Optimism Rating of 0.12

News stories about Jack Henry & Associates (NASDAQ:JKHY) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Jack Henry & Associates earned a news impact score of 0.12 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 46.484869296816 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Jack Henry & Associates (JKHY) opened at 102.64 on Wednesday. Jack Henry & Associates has a 52-week low of $79.00 and a 52-week high of $109.67. The company’s 50 day moving average is $103.61 and its 200-day moving average is $100.23. The firm has a market cap of $7.95 billion, a P/E ratio of 32.69 and a beta of 0.75.

Jack Henry & Associates (NASDAQ:JKHY) last issued its earnings results on Tuesday, August 15th. The technology company reported $0.83 EPS for the quarter, hitting the 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 the consensus estimate of $372.98 million. During the same period in the previous year, the firm earned $1.06 earnings per share. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. On average, equities analysts predict that Jack Henry & Associates will post $3.28 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 28th. Investors of record on Friday, September 8th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.21%. The ex-dividend date is Thursday, September 7th. Jack Henry & Associates’s dividend payout ratio (DPR) is currently 39.49%.

A number of equities research analysts have recently commented on JKHY shares. Zacks Investment Research raised shares of Jack Henry & Associates from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. Cantor Fitzgerald started coverage on shares of Jack Henry & Associates in a research note on Monday, August 28th. They issued an “overweight” rating and a $112.00 price objective on the stock. BidaskClub lowered shares of Jack Henry & Associates from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 19th. Finally, Stephens reaffirmed an “equal weight” rating and issued a $97.00 price objective (up from $93.00) on shares of Jack Henry & Associates in a research note on Friday, August 18th.

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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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