RBC Capital analyst Daniel Perlin maintained a Hold rating on Jack Henry & Associates (NASDAQ:JKHY) on Wednesday, setting a price target of $194, which is approximately 12.65% above the present share price of $172.22.
Perlin expects Jack Henry & Associates to post earnings per share (EPS) of $0.96 for the third quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Jack Henry & Associates, with an average price target of $191.
The analysts price targets range from a high of $194 to a low of $188.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $429.41 million and a net profit of $95.14 million. The company's market cap is $13.19 billion.
According to TipRanks.com, RBC Capital analyst Daniel Perlin is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 20.7% and a 76.14% success rate.
Jack Henry & Associates, Inc. engages in the provision of technology solutions and payment processing services primarily for financial services organizations. It operates through the following segments: Core, Payments, Complementary, and Corporate and Other. The Core segment focuses on core information processing platforms to banks and credit unions, which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer or member information. The Payments segment secures payment processing tools and services, such automated teller machine, debit, and credit card processing services; online and mobile bill pay solutions; and risk management products and services. The Complementary segment offers additional software, and services that can be integrated with its core solutions or used independently. The Corporate and Other segment comprises of hardware revenue and costs, as well as operating costs not directly attributable to the other segments. The company was founded by Jerry D. Hall and John W. Henry in 1976 and is headquartered in Monett, MO.