Does Earnings Surprise History Hold Any Clue for Jack Henry & Associates Stock Forecast, Price & News (NASDAQ:JKHY)

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Earnings results for Jack Henry & Associates Stock Forecast, Price & News (NASDAQ:JKHY)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 0.78 and remained the same over the past month at 0.78. none raised and none lowered their forecast. For the fiscal year ending Jun 2020 , the consensus EPS* forecast has remained the same over the past week at 3.84 and remained the same over the past month at 3.84 . none raised and none lowered their forecast.

Analyst Opinion on Jack Henry & Associates Stock Forecast, Price & News (NASDAQ:JKHY)

8 Wall Street analysts have issued ratings and price targets for Jack Henry & Associates in the last 12 months. Their average twelve-month price target is $168.17, predicting that the stock has a possible downside of 15.55%. The high price target for JKHY is $194.00 and the low price target for JKHY is $145.00. There are currently 1 sell rating, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of “Hold.”

Jack Henry & Associates has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on 1 buy rating, 6 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $168.17, Jack Henry & Associates has a forecasted downside of 15.5% from its current price of $199.13. Jack Henry & Associates has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Jack Henry & Associates Stock Forecast, Price & News (NASDAQ:JKHY)

Jack Henry & Associates has a dividend yield of 0.88%, which is in the bottom 25% of all stocks that pay dividends. Jack Henry & Associates has only been increasing its dividend for 1 years. The dividend payout ratio of Jack Henry & Associates is 48.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Jack Henry & Associates will have a dividend payout ratio of 43.43% next year. This indicates that Jack Henry & Associates will be able to sustain or increase its dividend.

Insiders buying/selling: Jack Henry & Associates Stock Forecast, Price & News (NASDAQ:JKHY)

In the past three months, Jack Henry & Associates insiders have not sold or bought any company stock. Only 0.85% of the stock of Jack Henry & Associates is held by insiders. 88.80% of the stock of Jack Henry & Associates is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Jack Henry & Associates Stock Forecast, Price & News (NASDAQ:JKHY

Earnings for Jack Henry & Associates are expected to grow by 3.13% in the coming year, from $3.84 to $3.96 per share. The P/E ratio of Jack Henry & Associates is 51.72, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.56. The P/E ratio of Jack Henry & Associates is 51.72, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 39.70. Jack Henry & Associates has a PEG Ratio of 3.88. PEG Ratios above 1 indicate that a company could be overvalued. Jack Henry & Associates has a P/B Ratio of 10.76. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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