Jack Henry & Associates, Inc. (NASDAQ:JKHY) Receives $192.08 Consensus Target Price from Analysts

Shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) have been given an average rating of “Moderate Buy” by the fourteen ratings firms that are covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $192.0769.

A number of equities research analysts have recently issued reports on JKHY shares. UBS Group set a $165.00 price target on shares of Jack Henry & Associates in a research report on Thursday, May 7th. Loop Capital started coverage on shares of Jack Henry & Associates in a research report on Tuesday, March 31st. They set a “buy” rating and a $197.00 price target for the company. DA Davidson reiterated a “buy” rating and set a $198.00 price target on shares of Jack Henry & Associates in a research report on Monday, May 11th. The Goldman Sachs Group reduced their price target on shares of Jack Henry & Associates from $180.00 to $161.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. Finally, Weiss Ratings downgraded shares of Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 29th.

Insider Buying and Selling at Jack Henry & Associates

In other Jack Henry & Associates news, CEO Gregory R. Adelson purchased 2,000 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was bought at an average cost of $133.42 per share, for a total transaction of $266,840.00. Following the acquisition, the chief executive officer owned 21,036 shares of the company’s stock, valued at approximately $2,806,623.12. The trade was a 10.51% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Mimi Carsley purchased 375 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was acquired at an average price of $134.12 per share, with a total value of $50,295.00. Following the completion of the acquisition, the chief financial officer directly owned 6,007 shares in the company, valued at $805,658.84. The trade was a 6.66% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 0.60% of the company’s stock.

Institutional Trading of Jack Henry & Associates

A number of institutional investors and hedge funds have recently made changes to their positions in JKHY. Essential Partners LLC increased its holdings in Jack Henry & Associates by 65.8% in the 1st quarter. Essential Partners LLC now owns 184 shares of the technology company’s stock valued at $29,000 after purchasing an additional 73 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in Jack Henry & Associates by 3,900.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock valued at $30,000 after purchasing an additional 195 shares in the last quarter. Larson Financial Group LLC increased its holdings in Jack Henry & Associates by 2,816.7% in the 4th quarter. Larson Financial Group LLC now owns 175 shares of the technology company’s stock valued at $32,000 after purchasing an additional 169 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Jack Henry & Associates in the 2nd quarter valued at $35,000. Finally, SJS Investment Consulting Inc. increased its holdings in Jack Henry & Associates by 3,933.3% in the 1st quarter. SJS Investment Consulting Inc. now owns 242 shares of the technology company’s stock valued at $38,000 after purchasing an additional 236 shares in the last quarter. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Jack Henry & Associates Stock Performance

NASDAQ JKHY opened at $127.59 on Friday. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.04. Jack Henry & Associates has a 52-week low of $124.78 and a 52-week high of $193.39. The business’s 50-day moving average price is $145.37 and its 200 day moving average price is $164.39. The firm has a market cap of $9.07 billion, a P/E ratio of 17.84, a P/E/G ratio of 1.86 and a beta of 0.58.

Jack Henry & Associates (NASDAQ:JKHY) last released its quarterly earnings results on Tuesday, May 5th. The technology company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.28. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.The firm had revenue of $615.93 million for the quarter, compared to analyst estimates of $619.67 million. During the same quarter last year, the company posted $1.52 earnings per share. The business’s revenue was up 8.7% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, equities research analysts expect that Jack Henry & Associates will post 6.84 earnings per share for the current year.

Jack Henry & Associates Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, June 1st will be issued a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, June 1st. Jack Henry & Associates’s payout ratio is 34.13%.

Jack Henry & Associates Company Profile

Jack Henry & Associates, Inc is a leading provider of technology solutions and payment processing services for the financial services industry. Founded in 1976 and headquartered in Monett, Missouri, the company develops and supports a comprehensive suite of software and services designed to help banks, credit unions and other financial institutions streamline operations, improve customer engagement and manage risk.

The company’s core processing platforms deliver end-to-end account processing, general ledger, deposit operations and loan servicing functionality.