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RBC Capital Sticks to Their Buy Rating for Jack Henry & Associates (JKHY)

Tipranks - Tipranks - Fri May 8, 6:52AM CDT

In a report released yesterday, Daniel Perlin from RBC Capital maintained a Buy rating on Jack Henry & Associates, with a price target of $180.00. The company’s shares closed yesterday at $142.88.

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Perlin covers the Technology sector, focusing on stocks such as PicS N.V. Class A, Block, and Jack Henry & Associates. According to TipRanks, Perlin has an average return of -10.4% and a 36.02% success rate on recommended stocks.

In addition to RBC Capital, Jack Henry & Associates also received a Buy from D.A. Davidson’s Peter Heckmann in a report issued yesterday. However, today, Goldman Sachs assigned a Hold rating to Jack Henry & Associates (NASDAQ: JKHY).

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Based on Jack Henry & Associates’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $619.33 million and a net profit of $124.67 million. In comparison, last year the company earned a revenue of $573.85 million and had a net profit of $97.85 million

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