Jack Henry & Associates (NASDAQ:JKHY) Stock Gets Price Target Bump from Barclays

Jack Henry & Associates (NASDAQ:JKHY) had its target price lifted by equities researchers at Barclays from $185.00 to $190.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has an “overweight” rating on the technology company’s stock. Barclays‘s target price would suggest a potential upside of 9.68% from the stock’s current price.

Several other equities research analysts also recently commented on the stock. Stephens began coverage on shares of Jack Henry & Associates in a research report on Tuesday, August 11th. They issued an “overweight” rating and a $200.00 price target for the company. Oppenheimer lifted their price objective on shares of Jack Henry & Associates from $208.00 to $209.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 19th. Royal Bank Of Canada reissued an “outperform” rating and set a $178.00 target price on shares of Jack Henry & Associates in a research note on Wednesday, September 30th. Seaport Research Partners initiated coverage on shares of Jack Henry & Associates in a research note on Monday, September 28th. They set a “buy” rating and a $193.00 target price on the stock. Finally, The Goldman Sachs Group increased their target price on Jack Henry & Associates from $158.00 to $178.00 and gave the company a “neutral” rating in a report on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $193.18.

Jack Henry & Associates Trading Down 3.9%

Shares of NASDAQ:JKHY traded down $7.03 during midday trading on Thursday, reaching $173.23. The company had a trading volume of 1,110,989 shares, compared to its average volume of 814,667. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.17 and a current ratio of 1.17. Jack Henry & Associates has a 1-year low of $121.04 and a 1-year high of $193.39. The firm has a market cap of $12.15 billion, a price-to-earnings ratio of 23.80, a price-to-earnings-growth ratio of 2.03 and a beta of 0.55. The company has a fifty day simple moving average of $156.97 and a two-hundred day simple moving average of $154.41.

Jack Henry & Associates (NASDAQ:JKHY) last issued its quarterly earnings results on Tuesday, November 3rd. The technology company reported $2.28 earnings per share for the quarter, topping analysts’ consensus estimates of $2.07 by $0.21. Jack Henry & Associates had a return on equity of 23.49% and a net margin of 19.76%. The firm had revenue of $682.18 million for the quarter, compared to analysts’ expectations of $685.54 million. During the same quarter last year, the business posted $1.97 EPS. Jack Henry & Associates’s revenue was up 8.8% on a year-over-year basis. Research analysts predict that Jack Henry & Associates will post 7.45 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Essential Partners LLC lifted its position in Jack Henry & Associates by 65.8% in the 1st quarter. Essential Partners LLC now owns 184 shares of the technology company’s stock worth $29,000 after buying an additional 73 shares in the last quarter. Entrust Financial LLC boosted its stake in shares of Jack Henry & Associates by 73.1% during the 3rd quarter. Entrust Financial LLC now owns 187 shares of the technology company’s stock valued at $27,000 after buying an additional 79 shares during the period. Empirical Finance LLC grew its holdings in shares of Jack Henry & Associates by 3.3% during the 2nd quarter. Empirical Finance LLC now owns 2,576 shares of the technology company’s stock valued at $355,000 after acquiring an additional 82 shares in the last quarter. JGP Wealth Management LLC grew its holdings in shares of Jack Henry & Associates by 0.7% during the 3rd quarter. JGP Wealth Management LLC now owns 11,985 shares of the technology company’s stock valued at $1,717,000 after acquiring an additional 84 shares in the last quarter. Finally, Crossmark Global Holdings Inc. grew its holdings in shares of Jack Henry & Associates by 1.3% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 7,842 shares of the technology company’s stock valued at $1,123,000 after acquiring an additional 97 shares in the last quarter. 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: 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, 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.