Jack Henry & Associates (NASDAQ:JKHY) announced its quarterly earnings data on Sunday. The technology company reported $0.95 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.09, MarketWatch Earnings reports. Jack Henry & Associates had a return on equity of 19.59% and a net margin of 17.45%. The company had revenue of $433.78 million during the quarter, compared to the consensus estimate of $439.61 million. During the same period in the previous year, the company posted $0.96 EPS. The firm’s revenue was up 1.0% on a year-over-year basis.

Shares of NASDAQ:JKHY traded down $5.36 on Tuesday, hitting $158.57. 1,256,546 shares of the company’s stock were exchanged, compared to its average volume of 610,822. The firm’s 50-day moving average is $157.06 and its 200 day moving average is $155.93. The company has a market capitalization of $12.06 billion, a PE ratio of 42.14, a P/E/G ratio of 3.88 and a beta of 0.52. Jack Henry & Associates has a 1-year low of $141.65 and a 1-year high of $200.98.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 25th. Stockholders of record on Monday, March 8th were given a dividend of $0.46 per share. This is a boost from Jack Henry & Associates’s previous quarterly dividend of $0.43. This represents a $1.84 annualized dividend and a dividend yield of 1.16%. The ex-dividend date was Friday, March 5th. Jack Henry & Associates’s dividend payout ratio is currently 47.67%.

Several research analysts have weighed in on JKHY shares. DA Davidson upped their price target on Jack Henry & Associates from $182.00 to $192.00 and gave the stock a “buy” rating in a research note on Friday, April 23rd. Compass Point upgraded Jack Henry & Associates from a “neutral” rating to a “buy” rating and set a $175.00 price target on the stock in a report on Friday, February 12th. Zacks Investment Research lowered Jack Henry & Associates from a “buy” rating to a “hold” rating and set a $158.00 target price on the stock. in a research note on Thursday, January 28th. Evercore ISI raised Jack Henry & Associates from an “underperform” rating to an “in-line” rating and increased their price target for the stock from $133.00 to $165.00 in a research report on Monday, January 11th. Finally, Credit Suisse Group dropped their price target on Jack Henry & Associates from $175.00 to $170.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 10th. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Jack Henry & Associates currently has a consensus rating of “Hold” and an average target price of $174.88.

About Jack Henry & Associates

Jack Henry & Associates, Inc provides technology solutions and payment processing services primarily for financial services organizations in the United States. The company offers information and transaction processing solutions for banks ranging from community to multi-billion-dollar asset institutions under the Jack Henry Banking brand; core data processing solutions for various credit unions under the Symitar brand; and specialized financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and mobile solutions to financial institutions and corporate entities under the ProfitStars brand.

Further Reading: Net Margin

Earnings History for Jack Henry & Associates (NASDAQ:JKHY)

Receive News & Ratings for Jack Henry & Associates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jack Henry & Associates and related companies with MarketBeat.com's FREE daily email newsletter.