Jack Henry & Associates (NASDAQ:JKHY) Price Target Raised to $185.00

Jack Henry & Associates (NASDAQ:JKHY) had its price target lifted by UBS Group from $170.00 to $185.00 in a report issued on Thursday,Benzinga reports. They currently have a neutral rating on the technology company’s stock.

Several other equities research analysts have also weighed in on JKHY. Piper Sandler upgraded Jack Henry & Associates from a “neutral” rating to an “overweight” rating and set a $175.00 price target on the stock in a research report on Friday, October 9th. Royal Bank Of Canada raised their price objective on Jack Henry & Associates from $178.00 to $195.00 and gave the company an “outperform” rating in a research report on Thursday. Wolfe Research boosted their target price on shares of Jack Henry & Associates from $200.00 to $215.00 and gave the company an “outperform” rating in a report on Tuesday, August 25th. Morgan Stanley dropped their target price on shares of Jack Henry & Associates from $170.00 to $158.00 and set an “equal weight” rating on the stock in a report on Wednesday, September 30th. Finally, Weiss Ratings raised shares of Jack Henry & Associates from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $193.18.

Jack Henry & Associates Price Performance

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

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings data on Tuesday, November 3rd. The technology company reported $2.28 earnings per share for the quarter, beating the consensus estimate of $2.07 by $0.21. Jack Henry & Associates had a return on equity of 24.46% and a net margin of 19.96%. The business had revenue of $682.18 million for the quarter, compared to analysts’ expectations of $685.54 million. During the same period in the previous year, the firm posted $1.97 EPS. The business’s revenue was up 8.8% on a year-over-year basis. On average, sell-side analysts forecast that Jack Henry & Associates will post 7.40 EPS for the current year.

Jack Henry & Associates Announces Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JKHY. Essential Partners LLC lifted 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 valued at $29,000 after buying an additional 73 shares during the period. Entrust Financial LLC grew its position in shares of Jack Henry & Associates by 73.1% in the 3rd quarter. Entrust Financial LLC now owns 187 shares of the technology company’s stock worth $27,000 after buying an additional 79 shares during the period. Empirical Finance LLC grew its position in shares of Jack Henry & Associates by 3.3% in the 2nd quarter. Empirical Finance LLC now owns 2,576 shares of the technology company’s stock worth $355,000 after buying an additional 82 shares during the period. JGP Wealth Management LLC grew its position in shares of Jack Henry & Associates by 0.7% in the 3rd quarter. JGP Wealth Management LLC now owns 11,985 shares of the technology company’s stock worth $1,717,000 after buying an additional 84 shares during the period. Finally, Crossmark Global Holdings Inc. increased its stake in shares of Jack Henry & Associates by 1.3% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 7,842 shares of the technology company’s stock worth $1,123,000 after acquiring an additional 97 shares in the last quarter. Institutional investors own 98.75% of the company’s stock.

Jack Henry & Associates News Roundup

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.