Jack Henry & Associates (JKHY) Given News Sentiment Score of 0.16
News coverage about Jack Henry & Associates (NASDAQ:JKHY) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Jack Henry & Associates earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 46.1232955383499 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media stories that may have impacted Accern Sentiment’s rankings:
- Jack Henry & Associates, Inc. : JKHY-US: Dividend Analysis : November 30th, 2017 (record date) : By the numbers : November 30, 2017 (finance.yahoo.com)
- Jack Henry & Associates, Inc. (JKHY) Expected to Post Earnings of $0.80 Per Share (americanbankingnews.com)
- Jack Henry to acquire Ensenta (greensheet.com)
- Jack Henry (JKHY) to Acquire Ensenta Corporation (streetinsider.com)
- BRIEF-Jack Henry & Associates To Acquire Ensenta Corp (reuters.com)
JKHY has been the subject of several recent research reports. Zacks Investment Research upgraded shares of Jack Henry & Associates from a “sell” rating to a “hold” rating in a research report on Wednesday, September 6th. Robert W. Baird restated a “hold” rating and issued a $114.00 price target on shares of Jack Henry & Associates in a research report on Friday, November 10th. Cantor Fitzgerald upped their price target on shares of Jack Henry & Associates to $128.00 and gave the company an “overweight” rating in a research report on Thursday, November 9th. Stephens restated an “equal weight” rating and issued a $97.00 price target (up from $93.00) on shares of Jack Henry & Associates in a research report on Friday, August 18th. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $103.00 price target (up from $96.00) on shares of Jack Henry & Associates in a research report on Thursday, November 9th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $110.50.
Shares of Jack Henry & Associates (NASDAQ:JKHY) traded up $1.42 during midday trading on Thursday, reaching $115.32. 826,650 shares of the company’s stock traded hands, compared to its average volume of 381,886. Jack Henry & Associates has a 1 year low of $84.28 and a 1 year high of $117.46. The firm has a market cap of $8,907.45, a PE ratio of 37.08, a P/E/G ratio of 3.05 and a beta of 0.77.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 30th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.08%. The ex-dividend date is Wednesday, November 29th. Jack Henry & Associates’s dividend payout ratio (DPR) is currently 39.12%.
In other news, VP Mark S. Forbis sold 2,600 shares of the stock in a transaction on Wednesday, September 20th. The shares were sold at an average price of $101.16, for a total transaction of $263,016.00. Following the completion of the sale, the vice president now directly owns 1,696 shares in the company, valued at $171,567.36. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Kevin D. Williams sold 20,000 shares of the stock in a transaction on Wednesday, September 20th. The stock was sold at an average price of $101.63, for a total transaction of $2,032,600.00. Following the sale, the insider now owns 43,314 shares of the company’s stock, valued at $4,402,001.82. The disclosure for this sale can be found here. Corporate insiders own 0.78% of the company’s stock.
About Jack Henry & Associates
Jack Henry & Associates, Inc is a provider of information processing solutions for community banks. The Company offers a range of products and services, including processing transactions, automating business processes, and managing information financial institutions and diverse corporate entities. It operates in two segments: bank systems and services (Bank) and credit union systems and services (Credit Union).
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