Jack Henry & Associates (JKHY) – Among the 10 Dividend Stocks with Low Payout Ra
Jack Henry & Associates, Inc. (NASDAQ:JKHY) is included among the 10 Dividend Stocks With Low Payout Ratios and Strong Upside Potential. On June 18, RBC Capita
Jack Henry & Associates, Inc. (NASDAQ:JKHY) is included among the 10 Dividend Stocks With Low Payout Ratios and Strong Upside Potential.
On June 18, RBC Capital lowered its price recommendation on Jack Henry & Associates, Inc. (NASDAQ:JKHY) to $173 from $180. It reiterated an Outperform rating on the stock. The firm said its bullish thesis from the December upgrade has continued to play out. Year to date, the company has secured 43 new core deals, up from 28 during the same period last year. RBC also pointed out that these wins have come from larger financial institutions and carry higher contract values. Even so, the firm believes the shares have become "more dislocated than before" and reduced its price target to reflect the continued re-rating across the fintech sector.
During the fiscal third-quarter 2026 earnings call, CEO, President & Director Gregory Adelson said the company delivered record third-quarter results. Non-GAAP revenue reached $616 million, up 7.3% from the same quarter a year earlier.
Adelson said the sales and marketing team had an outstanding quarter, winning 17 competitive core deals, including five financial institutions with more than $1 billion in asset
Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/jack-henry-associates-jkhy-among-051913262.html)
Esta información no constituye asesoramiento de inversión. Consulte con un profesional antes de tomar decisiones financieras.