Jack Henry & Associates, Inc. (NASDAQ:JKHY) Stock Has Consensus Price Target of $190.00

Shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) have earned an average recommendation of “Moderate Buy” from the eighteen brokerages that are covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $193.18.

Several equities research analysts have issued reports on JKHY shares. KeyCorp initiated coverage on shares of Jack Henry & Associates in a report on Monday, September 14th. They issued an “overweight” rating and a $190.00 price target on the stock. Oppenheimer raised their price objective on shares of Jack Henry & Associates from $208.00 to $209.00 and gave the stock an “outperform” rating in a report on Wednesday, August 19th. Stephens initiated coverage on shares of Jack Henry & Associates in a report on Tuesday, August 11th. They set an “overweight” rating and a $200.00 price objective for the company. Wolfe Research lifted their target price on shares of Jack Henry & Associates from $200.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, August 25th. Finally, Barclays upped their target price on shares of Jack Henry & Associates from $185.00 to $190.00 and gave the company an “overweight” rating in a research note on Thursday.

Institutional Investors Weigh In On Jack Henry & Associates

A number of institutional investors have recently added to or reduced their stakes in JKHY. Van ECK Associates Corp raised its holdings in shares of Jack Henry & Associates by 1,918.2% in the 2nd quarter. Van ECK Associates Corp now owns 1,308,353 shares of the technology company’s stock worth $180,213,000 after buying an additional 1,243,526 shares in the last quarter. Janus Henderson Group PLC raised its holdings in shares of Jack Henry & Associates by 13,343.0% in the 1st quarter. Janus Henderson Group PLC now owns 1,078,398 shares of the technology company’s stock worth $170,430,000 after buying an additional 1,070,376 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Jack Henry & Associates by 13.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 752,025 shares of the technology company’s stock worth $118,842,000 after buying an additional 86,810 shares during the period. First Trust Advisors LP lifted its position in shares of Jack Henry & Associates by 33.8% during the 1st quarter. First Trust Advisors LP now owns 734,298 shares of the technology company’s stock worth $116,048,000 after buying an additional 185,465 shares during the period. Finally, Epoch Investment Partners Inc. lifted its position in shares of Jack Henry & Associates by 82.4% during the 1st quarter. Epoch Investment Partners Inc. now owns 681,587 shares of the technology company’s stock worth $107,718,000 after buying an additional 307,886 shares during the period. 98.75% of the stock is owned by institutional investors and hedge funds.

Jack Henry & Associates Stock Performance

JKHY opened at $173.23 on Tuesday. The stock’s 50 day simple moving average is $156.97 and its 200-day simple moving average is $154.41. The company has a current ratio of 1.50, a quick ratio of 1.17 and a debt-to-equity ratio of 0.04. The stock has a market cap of $12.15 billion, a PE ratio of 23.80, a P/E/G ratio of 2.10 and a beta of 0.55. Jack Henry & Associates has a 1 year low of $121.04 and a 1 year high of $193.39.

Jack Henry & Associates (NASDAQ:JKHY) last issued its 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. The firm had revenue of $682.18 million during the quarter, compared to analysts’ expectations of $685.54 million. Jack Henry & Associates had a return on equity of 24.46% and a net margin of 19.96%. Jack Henry & Associates’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period last year, the business earned $1.97 earnings per share. Sell-side analysts forecast that Jack Henry & Associates will post 7.40 EPS for the current year.

Jack Henry & Associates Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Monday, September 7th were paid a dividend of $0.61 per share. The ex-dividend date was Friday, September 4th. This represents a $2.44 dividend on an annualized basis and a yield of 1.4%. Jack Henry & Associates’s dividend payout ratio (DPR) is currently 33.52%.

Jack Henry & Associates News Summary

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

• Positive Sentiment: Jack Henry beat fiscal first-quarter earnings expectations, reporting $2.28 per share versus $2.07 anticipated. Growth in cloud and payments helped lift revenue 8.8% year over year, and the company raised its fiscal 2027 GAAP EPS outlook to $7.47–$7.51. Revenue was slightly below consensus, however. Zacks earnings and growth article Fiscal 2027 outlook article
• Positive Sentiment: Several firms raised their price targets while maintaining or assigning positive ratings: Barclays to $190 (overweight), RBC to $195 (outperform), and Keefe, Bruyette & Woods to $215 (outperform). UBS also lifted its target to $185, while keeping a neutral rating. The revisions signal improved analyst expectations, though targets are not guarantees. Barclays forecast RBC target revision KBW target revision
• Neutral Sentiment: CFO Mimi Carsley is scheduled to present at Citi’s FinTech Conference on November 10. The event may provide investors with updates, but the announcement itself does not indicate a change to the company’s outlook. Conference announcement
• Negative Sentiment: Morgan Stanley said Jack Henry needs to demonstrate clearer upside to its growth targets, highlighting execution and growth visibility as potential investor concerns. Morgan Stanley growth-target assessment

Jack Henry & Associates Company Profile

Jack Henry & Associates, Inc is a financial technology company that provides software and services to banks and credit unions. Founded in 1976 and headquartered in Monett, Missouri, the company focuses on helping financial institutions manage operations and serve customers.

Its offerings include core banking systems, digital banking platforms, payment processing, lending solutions, and tools for managing fraud, risk, and information security. Jack Henry also provides data, hosting, and related technology services.

The company serves financial institutions across the United States, including community and regional banks and credit unions.