Analysts See $0.93 EPS for Jack Henry & Associates, Inc. (JKHY)

October 13, 2018 - By Linda Rogers

Jack Henry & Associates, Inc. (NASDAQ:JKHY) LogoInvestors sentiment increased to 1.17 in 2018 Q2. Its up 0.10, from 1.07 in 2018Q1. It increased, as 21 investors sold Jack Henry & Associates, Inc. shares while 135 reduced holdings. 44 funds opened positions while 139 raised stakes. 64.84 million shares or 0.07% more from 64.79 million shares in 2018Q1 were reported.
Regentatlantic Ltd Co reported 0.02% stake. Commerzbank Aktiengesellschaft Fi holds 0.02% of its portfolio in Jack Henry & Associates, Inc. (NASDAQ:JKHY) for 11,752 shares. Nelson Van Denburg & Campbell Wealth Mgmt Ltd Co stated it has 3,233 shares. Hollencrest Cap Mgmt holds 0.07% or 4,299 shares. Eaton Vance Mgmt holds 6,434 shares or 0% of its portfolio. Goldman Sachs Grp Incorporated holds 0.02% of its portfolio in Jack Henry & Associates, Inc. (NASDAQ:JKHY) for 560,712 shares. Advisors Preferred Ltd Limited Liability Company owns 0.36% invested in Jack Henry & Associates, Inc. (NASDAQ:JKHY) for 6,153 shares. Artemis Invest Mgmt Llp reported 81,759 shares. Utah Retirement has 0.04% invested in Jack Henry & Associates, Inc. (NASDAQ:JKHY) for 14,200 shares. Janney Montgomery Scott Ltd invested in 29,002 shares or 0.04% of the stock. Northwestern Mutual Wealth Management invested in 330 shares or 0% of the stock. Schroder Investment Grp accumulated 0.01% or 62,697 shares. Regions Corporation holds 0.04% in Jack Henry & Associates, Inc. (NASDAQ:JKHY) or 25,501 shares. 18,921 are held by Lpl Fin Limited. Smith Moore, a Missouri-based fund reported 4,399 shares.

Since June 1, 2018, it had 0 insider purchases, and 4 insider sales for $4.97 million activity. 20,000 shares were sold by WILLIAMS KEVIN D, worth $2.51M on Friday, June 1. The insider Brown Wesley A sold $459,949.

Analysts expect Jack Henry & Associates, Inc. (NASDAQ:JKHY) to report $0.93 EPS on November, 6.They anticipate $0.17 EPS change or 22.37 % from last quarter’s $0.76 EPS. JKHY’s profit would be $71.86M giving it 40.34 P/E if the $0.93 EPS is correct. After having $1.10 EPS previously, Jack Henry & Associates, Inc.’s analysts see -15.45 % EPS growth. The stock increased 1.87% or $2.76 during the last trading session, reaching $150.08. About 380,396 shares traded. Jack Henry & Associates, Inc. (NASDAQ:JKHY) has risen 57.39% since October 14, 2017 and is uptrending. It has outperformed by 41.77% the S&P500.

Jack Henry & Associates, Inc. (NASDAQ:JKHY) Ratings Coverage

Among 3 analysts covering Jack Henry \u0026 Associates (NASDAQ:JKHY), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Jack Henry \u0026 Associates had 4 analyst reports since June 7, 2018 according to SRatingsIntel. The rating was maintained by Cantor Fitzgerald with “Overweight” on Thursday, August 23. Wells Fargo maintained Jack Henry & Associates, Inc. (NASDAQ:JKHY) rating on Thursday, August 23. Wells Fargo has “Market Perform” rating and $160 target. As per Thursday, June 7, the company rating was maintained by Cantor Fitzgerald. The company was maintained on Monday, July 16 by Robert W. Baird.

Jack Henry & Associates, Inc. provides technology solutions and payment processing services primarily for financial services organizations in the United States. The company has market cap of $11.60 billion. The firm offers information and transaction processing solutions for banks ranging from community to multi-billion dollar 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. It has a 30.94 P/E ratio. It also provides a suite of integrated applications required to process deposit, loan, and general ledger transactions, as well as to maintain centralized customer/member information; and complementary services and products that enable core bank and credit union clients to respond to evolving customer/member demands.

More notable recent Jack Henry & Associates, Inc. (NASDAQ:JKHY) news were published by: Seekingalpha.com which released: “Jack Henry: Valuation Becoming Stretched” on October 08, 2018, also Seekingalpha.com with their article: “Fiserv: A Solid Fintech Firm” published on October 01, 2018, Prnewswire.com published: “ProfitStars Introduces Comprehensive Online Banking Fraud Solution” on September 19, 2018. More interesting news about Jack Henry & Associates, Inc. (NASDAQ:JKHY) were released by: Prnewswire.com and their article: “110 Financial Institutions Outsource IT Infrastructure to ProfitStars” published on September 25, 2018 as well as Seekingalpha.com‘s news article titled: “FactSet Means Both Growth And Value” with publication date: October 05, 2018.

Jack Henry & Associates, Inc. (NASDAQ:JKHY) Institutional Positions Chart

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