Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) updated its FY 2027 earnings guidance on Tuesday. The company provided earnings per share guidance of 7.330-7.380 for the period, compared to the consensus EPS estimate of 7.100. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.7 billion.
Jack Henry & Associates Price Performance
NASDAQ:JKHY opened at $153.12 on Wednesday. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.04. The business’s 50-day moving average price is $144.82 and its 200 day moving average price is $151.25. Jack Henry & Associates has a 52-week low of $121.04 and a 52-week high of $193.39. The firm has a market cap of $10.88 billion, a P/E ratio of 21.42, a PEG ratio of 2.16 and a beta of 0.55.
Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) last issued its quarterly earnings results on Tuesday, August 18th. The technology company reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.13. The company had revenue of $633.10 million during the quarter, compared to the consensus estimate of $631.60 million. Jack Henry & Associates had a net margin of 20.64% and a return on equity of 24.03%. Jack Henry & Associates’s revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.75 EPS. Jack Henry & Associates has set its FY 2027 guidance at 7.330-7.380 EPS. As a group, sell-side analysts predict that Jack Henry & Associates will post 6.85 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Stock Analysis on JKHY
More Jack Henry & Associates News
Here are the key news stories impacting Jack Henry & Associates this week:
- Positive Sentiment: Quarterly results beat expectations: Jack Henry reported fiscal Q4 adjusted earnings of $1.57 per share, surpassing the $1.44 consensus estimate, while revenue of $633.1 million exceeded forecasts of approximately $631.6 million. Revenue increased 4.7% on a GAAP basis and 4.6% year over year. Reuters article on Jack Henry quarterly results
- Positive Sentiment: Optimistic fiscal 2027 earnings guidance: Management projected fiscal 2027 EPS of $7.33-$7.38, above the $7.10 analyst consensus. The forecast suggests management expects continued demand and operating improvement despite near-term margin challenges. Jack Henry fiscal 2026 results press release
- Neutral Sentiment: Revenue outlook was broadly in line: Fiscal 2027 revenue guidance of roughly $2.7 billion matched analyst expectations, providing limited upside on the top-line forecast. Shares had already risen ahead of the earnings release in anticipation of the report. Benzinga analyst forecasts for Jack Henry
- Negative Sentiment: Margins and EPS declined year over year: GAAP operating income fell 12.2%, while GAAP EPS decreased 10.2% from $1.75 to $1.57. Adjusted operating income also declined 3.1%, indicating that costs and investment spending are tempering the benefit of revenue growth. Zacks Jack Henry earnings report
Institutional Investors Weigh In On Jack Henry & Associates
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JKHY. EFG International AG bought a new stake in Jack Henry & Associates in the fourth quarter worth $94,000. Aster Capital Management DIFC Ltd raised its holdings in Jack Henry & Associates by 131.4% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,016 shares of the technology company’s stock valued at $185,000 after buying an additional 577 shares in the last quarter. Brown Brothers Harriman & Co. raised its holdings in Jack Henry & Associates by 30.3% during the fourth quarter. Brown Brothers Harriman & Co. now owns 941 shares of the technology company’s stock valued at $172,000 after buying an additional 219 shares in the last quarter. Hoxton Planning & Management LLC bought a new position in Jack Henry & Associates during the fourth quarter valued at about $203,000. Finally, Boothbay Fund Management LLC acquired a new stake in shares of Jack Henry & Associates in the third quarter worth about $204,000. Hedge funds and other institutional investors own 98.75% of the company’s stock.
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.
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