Jack Henry & Associates, Inc. (NASDAQ:JKHY) Given Price Target Of $81.5


As per Jack Henry & Associates, Inc. (NASDAQ:JKHY)’s news release on 2016-05-09, its shareholders will get cash dividend of $0.28 per share. The recent press release updated on the record date and payout date, which stands at 2016-05-25 and 2016-06-10, respectively.

The stock of Jack Henry & Associates, Inc. (NASDAQ:JKHY) will commence trading ex-dividend from 2016-05-23, until which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Jack Henry & Associates, Inc. (NASDAQ:JKHY) disbursed $1.06 in dividend compared to distribution of $0.94, a year ago. It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 12.766%.

The past track record of five years substantiates that the average payout of Jack Henry & Associates, Inc. (NASDAQ:JKHY) stands at $0.768, implying 21.5204% growth. The company recorded earnings of $0.75 a share in the preceding fiscal.

The interim price target for Jack Henry & Associates, Inc. (NASDAQ:JKHY) is set at $81.5. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate is seen at $90 and the lowest level is established at 70. This broad range highlights a standard deviation of $8.698 in reported estimates.

AlphaOne has allotted A sentiment score of 0.42 to Jack Henry & Associates, Inc. (NASDAQ:JKHY) while impact score assigned is 0 as on as on 2016-07-21.

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