Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) announced its quarterly earnings results on Tuesday. The technology company reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.02, Briefing.com reports. Jack Henry & Associates had a return on equity of 22.67% and a net margin of 17.26%. The firm had revenue of $538.56 million during the quarter, compared to the consensus estimate of $541.80 million. During the same period in the prior year, the company posted $1.12 earnings per share. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year.
Jack Henry & Associates Price Performance
Shares of Jack Henry & Associates stock traded up $0.69 on Tuesday, hitting $165.65. The company’s stock had a trading volume of 576,368 shares, compared to its average volume of 425,763. The company has a market capitalization of $12.07 billion, a P/E ratio of 32.28, a price-to-earnings-growth ratio of 3.84 and a beta of 0.66. Jack Henry & Associates has a 52-week low of $136.57 and a 52-week high of $178.37. The firm has a fifty day moving average price of $169.33 and a 200-day moving average price of $164.08. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.15.
Jack Henry & Associates Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Friday, March 8th were given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 1.33%. This is an increase from Jack Henry & Associates’s previous quarterly dividend of $0.52. The ex-dividend date was Thursday, March 7th. Jack Henry & Associates’s payout ratio is presently 43.05%.
Analyst Ratings Changes
Check Out Our Latest Stock Analysis on Jack Henry & Associates
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.
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