Jack Henry & Associates (NASDAQ:JKHY) Hits New 12-Month Low – Should You Sell?

Jack Henry & Associates, Inc. (NASDAQ:JKHY) reached a new 52-week low during trading on Wednesday . The company traded as low as $140.46 and last traded at $141.9350, with a volume of 66260 shares changing hands. The stock had previously closed at $144.73.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Weiss Ratings lowered shares of Jack Henry & Associates from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, March 27th. DA Davidson reiterated a “buy” rating and set a $198.00 price target on shares of Jack Henry & Associates in a report on Monday. Royal Bank Of Canada cut their target price on Jack Henry & Associates from $210.00 to $180.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. UBS Group set a $165.00 price objective on shares of Jack Henry & Associates in a report on Thursday, May 7th. Finally, Robert W. Baird raised shares of Jack Henry & Associates from a “neutral” rating to an “outperform” rating and set a $205.00 price objective on the stock in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Jack Henry & Associates currently has a consensus rating of “Moderate Buy” and an average price target of $192.08.

Jack Henry & Associates Stock Down 3.5%

The firm has a market cap of $9.92 billion, a price-to-earnings ratio of 19.54, a P/E/G ratio of 2.13 and a beta of 0.63. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.04. The firm has a 50 day moving average price of $157.59 and a 200-day moving average price of $167.87.

Jack Henry & Associates (NASDAQ:JKHY) last announced its earnings results on Tuesday, May 5th. The technology company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.28. Jack Henry & Associates had a net margin of 20.64% and a return on equity of 24.03%. The firm had revenue of $615.93 million during the quarter, compared to the consensus estimate of $619.67 million. During the same quarter in the previous year, the company posted $1.52 EPS. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, equities analysts forecast that Jack Henry & Associates, Inc. will post 6.75 EPS for the current year.

Jack Henry & Associates Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, June 1st will be issued a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Monday, June 1st. Jack Henry & Associates’s dividend payout ratio is currently 34.13%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd boosted its position in shares of Jack Henry & Associates by 3,900.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock valued at $30,000 after purchasing an additional 195 shares during the period. Larson Financial Group LLC raised its stake in shares of Jack Henry & Associates by 2,816.7% during the 4th quarter. Larson Financial Group LLC now owns 175 shares of the technology company’s stock worth $32,000 after purchasing an additional 169 shares in the last quarter. Quent Capital LLC purchased a new stake in shares of Jack Henry & Associates during the 3rd quarter worth about $33,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Jack Henry & Associates during the 2nd quarter worth about $35,000. Finally, SJS Investment Consulting Inc. raised its stake in shares of Jack Henry & Associates by 3,933.3% during the 1st quarter. SJS Investment Consulting Inc. now owns 242 shares of the technology company’s stock worth $38,000 after purchasing an additional 236 shares in the last quarter. 98.75% of the stock is owned by institutional investors and hedge funds.

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.