Jack Henry & Associates (NASDAQ:JKHY) Stock Gets Price Target Increase from Royal Bank Of Canada

Jack Henry & Associates (NASDAQ:JKHY) had its target price boosted by analysts at Royal Bank Of Canada from $178.00 to $195.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has an “outperform” rating on the technology company’s stock. Royal Bank Of Canada‘s price objective suggests a potential upside of 7.98% from the company’s previous close.

Other equities analysts also recently issued research reports about the stock. Wolfe Research upped their price objective on shares of Jack Henry & Associates from $200.00 to $215.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 25th. DA Davidson reaffirmed a “buy” rating and issued a $198.00 target price on shares of Jack Henry & Associates in a report on Wednesday, September 2nd. Oppenheimer boosted their price target on shares of Jack Henry & Associates from $208.00 to $209.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 19th. KeyCorp started coverage on shares of Jack Henry & Associates in a report on Monday, September 14th. They set an “overweight” rating and a $190.00 price target for the company. Finally, Morgan Stanley reduced their price objective on shares of Jack Henry & Associates from $170.00 to $158.00 and set an “equal weight” rating for the company in a research report on Wednesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $191.22.

Jack Henry & Associates Stock Performance

Shares of JKHY stock traded up $1.42 during midday trading on Thursday, hitting $180.58. The company had a trading volume of 607,013 shares, compared to its average volume of 1,127,432. The stock has a market cap of $12.66 billion, a price-to-earnings ratio of 24.83, a PEG ratio of 2.00 and a beta of 0.55. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.17 and a quick ratio of 1.17. The company’s 50 day simple moving average is $156.74 and its 200 day simple moving average is $154.53. Jack Henry & Associates has a 52-week low of $121.04 and a 52-week high of $193.39.

Jack Henry & Associates (NASDAQ:JKHY) last released its quarterly earnings results on Tuesday, November 3rd. The technology company reported $2.28 EPS for the quarter, topping the consensus estimate of $2.07 by $0.21. Jack Henry & Associates had a return on equity of 24.38% and a net margin of 19.96%. The business had revenue of $682.18 million during the quarter, compared to analysts’ expectations of $685.54 million. During the same quarter in the prior year, the business earned $1.97 earnings per share. The company’s quarterly revenue was up 8.8% compared to the same quarter last year. Research analysts anticipate that Jack Henry & Associates will post 7.30 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in JKHY. Entrust Financial LLC increased its stake in Jack Henry & Associates by 73.1% in the 3rd quarter. Entrust Financial LLC now owns 187 shares of the technology company’s stock valued at $27,000 after purchasing an additional 79 shares in the last quarter. Essential Partners LLC boosted its position in Jack Henry & Associates by 65.8% during the first quarter. Essential Partners LLC now owns 184 shares of the technology company’s stock worth $29,000 after purchasing an additional 73 shares in the last quarter. Root Financial Partners LLC acquired a new stake in Jack Henry & Associates in the third quarter valued at $34,000. Mather Group LLC. grew its holdings in Jack Henry & Associates by 75.1% in the third quarter. Mather Group LLC. now owns 408 shares of the technology company’s stock valued at $58,000 after purchasing an additional 175 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Jack Henry & Associates in the first quarter valued at $63,000. 98.75% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Jack Henry & Associates

Here are the key news stories impacting Jack Henry & Associates this week:

• Positive Sentiment: For fiscal Q1 2027, Jack Henry reported diluted EPS of $2.28, up from $1.97 a year earlier, and revenue growth of 8.8%. Cloud and payments growth helped lift revenue and margins. Quarterly results
• Positive Sentiment: The company raised its FY2027 GAAP EPS outlook to $7.47–$7.51 and said it is targeting 58–65 new core banking wins, supporting expectations for continued growth. Guidance update
• Positive Sentiment: Keefe, Bruyette & Woods raised its target from $200 to $215 and maintained an “outperform” rating; Barclays raised its target from $185 to $190 and maintained “overweight.” The upgrades signal continued analyst optimism. KBW rating Barclays rating
• Neutral Sentiment: Some commentary questioned whether the strong results make the stock attractive, suggesting valuation could temper enthusiasm; the available article listing did not provide further detail. Investment commentary

Jack Henry & Associates Company Profile

Jack Henry & Associates, Inc is a financial technology company that provides software, payment solutions and technology services to banks and credit unions. Its offerings are designed to support core banking operations, digital banking, account management, lending, payments, fraud prevention and other financial institution functions.

The company serves community and regional banks, credit unions and other financial services organizations in the United States. Its products are delivered through integrated platforms and services intended to help financial institutions manage daily operations, improve customer and member experiences, and connect with third-party financial technology providers.

Founded in 1976 and headquartered in Monett, Missouri, Jack Henry has expanded through internal development and acquisitions, including the 2004 acquisition of Symitar, a provider of core processing and related technology for credit unions.