Jack Henry & Associates, Inc. (NASDAQ:JKHY) Receives $192.00 Average Target Price from Analysts

Shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) have been assigned an average rating of “Moderate Buy” from the eighteen research firms that are currently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $192.1765.

Several research firms have commented on JKHY. Weiss Ratings raised shares of Jack Henry & Associates from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 20th. The Goldman Sachs Group increased their target price on shares of Jack Henry & Associates from $158.00 to $178.00 and gave the company a “neutral” rating in a research note on Thursday, August 20th. Raymond James Financial raised their price objective on shares of Jack Henry & Associates from $192.00 to $199.00 and gave the stock a “strong-buy” rating in a research note on Wednesday. Stephens reiterated an “overweight” rating and issued a $200.00 price target on shares of Jack Henry & Associates in a report on Tuesday, August 11th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $178.00 price target on shares of Jack Henry & Associates in a research note on Wednesday.

Jack Henry & Associates News Roundup

Here are the key news stories impacting Jack Henry & Associates this week:

• Positive Sentiment: Royal Bank of Canada reaffirmed its “Outperform” rating and set a $178 price target, implying approximately 12% upside from the referenced $158.98 level. The reaffirmation supports investor confidence in Jack Henry’s outlook.
• Positive Sentiment: KeyCorp initiated coverage with an “Overweight” rating and a $190 price target, representing roughly 20% potential upside. KeyCorp projects earnings per share of $1.98 in Q1 2027, $1.75 in Q2, $1.74 in Q3 and $1.71 in Q4, with full-year EPS estimates of $7.18 in fiscal 2027, $7.88 in fiscal 2028 and $8.65 in fiscal 2029. The estimates suggest a path for longer-term earnings expansion. Jack Henry & Associates Coverage Initiated at KeyCorp
• Positive Sentiment: Jack Henry’s analyst/investor day materials provide investors with additional company updates and strategic context, potentially reinforcing interest in the financial-technology provider. Jack Henry and Associates Analyst/Investor Day Slideshow
• Neutral Sentiment: A banking technology survey highlighted intensifying competition and pressure to adopt emerging technologies across the industry. The findings may increase focus on vendors such as Jack Henry, but the survey did not provide a company-specific financial update.

Jack Henry & Associates Stock Up 3.2%

Shares of NASDAQ JKHY opened at $158.98 on Monday. The firm’s 50-day moving average price is $158.05 and its 200-day moving average price is $151.24. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $11.15 billion, a price-to-earnings ratio of 22.81, a P/E/G ratio of 1.75 and a beta of 0.56. Jack Henry & Associates has a 12-month low of $121.04 and a 12-month high of $193.39.

Jack Henry & Associates (NASDAQ:JKHY) last announced its quarterly earnings results on Tuesday, August 18th. The technology company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.13. 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 net margin of 19.76% and a return on equity of 23.49%. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.75 EPS. Jack Henry & Associates has set its FY 2027 guidance at 7.330-7.380 EPS. On average, equities research analysts anticipate that Jack Henry & Associates will post 7.33 EPS for the current fiscal year.

Jack Henry & Associates Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Monday, September 7th will be paid a $0.61 dividend. The ex-dividend date is Friday, September 4th. This represents a $2.44 dividend on an annualized basis and a yield of 1.5%. Jack Henry & Associates’s dividend payout ratio (DPR) is presently 35.01%.

Institutional Trading of Jack Henry & Associates

Institutional investors and hedge funds have recently made changes to their positions in the business. Tidal Investments LLC boosted its position in Jack Henry & Associates by 10.5% in the 2nd quarter. Tidal Investments LLC now owns 33,060 shares of the technology company’s stock valued at $4,554,000 after buying an additional 3,148 shares during the period. WINTON GROUP Ltd purchased a new position in shares of Jack Henry & Associates during the second quarter worth approximately $5,685,000. IFP Advisors Inc increased its position in shares of Jack Henry & Associates by 182.7% during the second quarter. IFP Advisors Inc now owns 3,958 shares of the technology company’s stock worth $545,000 after acquiring an additional 2,558 shares during the period. Squarepoint Ops LLC increased its position in shares of Jack Henry & Associates by 962.0% during the second quarter. Squarepoint Ops LLC now owns 20,369 shares of the technology company’s stock worth $2,806,000 after acquiring an additional 18,451 shares during the period. Finally, Baird Financial Group Inc. raised its stake in shares of Jack Henry & Associates by 2.2% during the second quarter. Baird Financial Group Inc. now owns 88,953 shares of the technology company’s stock valued at $12,252,000 after acquiring an additional 1,943 shares in the last quarter. 98.75% of the stock is currently owned by institutional investors.

About Jack Henry & Associates

Jack Henry & Associates, Inc is a financial technology company that provides software and technology services to banks, credit unions and other financial institutions. Its solutions are designed to support core processing, digital banking, payments, lending, risk management and operational workflows.

The company’s products include core banking platforms, online and mobile banking tools, payment processing services, electronic bill pay, loan origination and document management solutions, fraud prevention tools, and technology that helps financial institutions connect with third-party applications.