Jack Henry & Associates, Inc. (NASDAQ:JKHY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) have received a consensus rating of “Moderate Buy” from the fourteen analysts that are presently covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $200.4167.

Several analysts have recently weighed in on the company. Weiss Ratings lowered Jack Henry & Associates from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. Royal Bank Of Canada upgraded shares of Jack Henry & Associates from a “sector perform” rating to an “outperform” rating and boosted their price target for the stock from $185.00 to $210.00 in a research report on Tuesday, December 16th. Robert W. Baird upgraded shares of Jack Henry & Associates from a “neutral” rating to an “outperform” rating and set a $205.00 price objective for the company in a research report on Thursday, February 5th. Keefe, Bruyette & Woods raised shares of Jack Henry & Associates from a “market perform” rating to an “outperform” rating and increased their target price for the company from $170.00 to $215.00 in a research note on Monday, December 8th. Finally, The Goldman Sachs Group lifted their price target on shares of Jack Henry & Associates from $155.00 to $175.00 and gave the stock a “neutral” rating in a research report on Friday, November 7th.

Insiders Place Their Bets

In other Jack Henry & Associates news, Director David B. Foss sold 20,000 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $174.92, for a total transaction of $3,498,400.00. Following the sale, the director owned 128,133 shares in the company, valued at approximately $22,413,024.36. The trade was a 13.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Jack Henry & Associates

A number of large investors have recently made changes to their positions in the company. Northwest & Ethical Investments L.P. raised its stake in Jack Henry & Associates by 3.3% during the 4th quarter. Northwest & Ethical Investments L.P. now owns 2,002 shares of the technology company’s stock valued at $365,000 after purchasing an additional 64 shares during the period. Advisory Services Network LLC raised its position in Jack Henry & Associates by 2.6% during the second quarter. Advisory Services Network LLC now owns 2,745 shares of the technology company’s stock valued at $466,000 after buying an additional 69 shares during the period. DNB Asset Management AS lifted its stake in Jack Henry & Associates by 0.6% in the 4th quarter. DNB Asset Management AS now owns 13,261 shares of the technology company’s stock worth $2,420,000 after acquiring an additional 76 shares in the last quarter. Schroder Investment Management Group boosted its position in Jack Henry & Associates by 5.1% during the 4th quarter. Schroder Investment Management Group now owns 1,595 shares of the technology company’s stock worth $291,000 after acquiring an additional 77 shares during the period. Finally, Huntington National Bank boosted its position in Jack Henry & Associates by 14.5% during the 3rd quarter. Huntington National Bank now owns 615 shares of the technology company’s stock worth $92,000 after acquiring an additional 78 shares during the period. Institutional investors and hedge funds own 98.75% of the company’s stock.

Jack Henry & Associates Trading Up 0.2%

NASDAQ:JKHY opened at $156.54 on Thursday. The stock has a market cap of $11.30 billion, a price-to-earnings ratio of 22.49, a PEG ratio of 2.38 and a beta of 0.71. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.60 and a current ratio of 1.60. The business has a fifty day moving average of $177.70 and a 200-day moving average of $167.38. Jack Henry & Associates has a 1 year low of $144.12 and a 1 year high of $196.00.

Jack Henry & Associates (NASDAQ:JKHY) last issued its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.72 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.29. Jack Henry & Associates had a net margin of 20.59% and a return on equity of 23.75%. The company had revenue of $611.18 million during the quarter, compared to analyst estimates of $608.46 million. During the same period in the prior year, the business posted $1.34 EPS. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. Equities analysts predict that Jack Henry & Associates will post 5.83 earnings per share for the current year.

Jack Henry & Associates Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Thursday, March 5th will be given a $0.61 dividend. This is a positive change from Jack Henry & Associates’s previous quarterly dividend of $0.58. The ex-dividend date is Thursday, March 5th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.6%. Jack Henry & Associates’s dividend payout ratio is 33.33%.

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.