Jack Henry & Associates (NASDAQ:JKHY) Issues FY 2027 Earnings Guidance

Jack Henry & Associates (NASDAQ:JKHY) issued an update on its FY 2027 earnings guidance on Tuesday morning. 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 traded up $3.25 during trading hours on Tuesday, hitting $153.12. The company’s stock had a trading volume of 1,360,333 shares, compared to its average volume of 1,190,049. Jack Henry & Associates has a twelve month low of $121.04 and a twelve month high of $193.39. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.74 and a quick ratio of 1.74. The stock has a fifty day simple moving average of $144.30 and a 200-day simple moving average of $151.43. The company has a market capitalization 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) last issued its earnings results on Tuesday, August 18th. The technology company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.47 by $0.10. The firm had revenue of $633.10 million during the quarter, compared to the consensus estimate of $631.60 million. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.Jack Henry & Associates has set its FY 2027 guidance at 7.330-7.380 EPS. On average, analysts anticipate that Jack Henry & Associates will post 6.85 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on JKHY shares. UBS Group set a $165.00 price objective on shares of Jack Henry & Associates in a research report on Thursday, May 7th. Stephens restated an “overweight” rating and issued a $200.00 target price on shares of Jack Henry & Associates in a research report on Tuesday, August 11th. DA Davidson restated a “buy” rating and issued a $198.00 target price on shares of Jack Henry & Associates in a research report on Monday, May 11th. Weiss Ratings cut shares of Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 29th. Finally, Royal Bank Of Canada lowered their price target on shares of Jack Henry & Associates from $180.00 to $173.00 and set an “outperform” rating for the company in a report on Thursday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $185.71.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in JKHY. Integrated Wealth Concepts LLC increased its position in Jack Henry & Associates by 21.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,102 shares of the technology company’s stock valued at $384,000 after acquiring an additional 367 shares during the period. Empowered Funds LLC lifted its holdings in shares of Jack Henry & Associates by 8.8% during the first quarter. Empowered Funds LLC now owns 7,184 shares of the technology company’s stock worth $1,312,000 after purchasing an additional 584 shares during the period. Woodline Partners LP grew its stake in shares of Jack Henry & Associates by 40.6% in the first quarter. Woodline Partners LP now owns 6,159 shares of the technology company’s stock worth $1,125,000 after purchasing an additional 1,778 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Jack Henry & Associates in the first quarter worth $9,430,000. Finally, Focus Partners Wealth increased its holdings in Jack Henry & Associates by 15.1% in the first quarter. Focus Partners Wealth now owns 1,387 shares of the technology company’s stock valued at $253,000 after purchasing an additional 182 shares during the period. Institutional investors own 98.75% of the company’s stock.

About Jack Henry & Associates

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.