Brokerages Set Jack Henry & Associates, Inc. (NASDAQ:JKHY) Price Target at $187.27

Jack Henry & Associates, Inc. (NASDAQ:JKHY) has earned an average recommendation of “Moderate Buy” from the sixteen research firms that are covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is $190.0667.

A number of analysts have recently issued reports on JKHY shares. Royal Bank Of Canada boosted their price objective on Jack Henry & Associates from $173.00 to $178.00 and gave the company an “outperform” rating in a research report on Thursday. Barclays raised their target price on Jack Henry & Associates from $170.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday. UBS Group lifted their price target on shares of Jack Henry & Associates from $165.00 to $170.00 and gave the stock a “neutral” rating in a research note on Thursday. Weiss Ratings raised shares of Jack Henry & Associates from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday. Finally, Oppenheimer increased their price objective on shares of Jack Henry & Associates from $208.00 to $209.00 and gave the company an “outperform” rating 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: Earnings beat supports the rally. Jack Henry reported quarterly adjusted EPS of $1.57, exceeding the $1.44 consensus estimate, while revenue reached $633.1 million versus expectations of $631.6 million. Revenue increased 4.6% year over year. Shares subsequently gapped higher. Jack Henry Shares Gap Up After Earnings Beat
• Positive Sentiment: Analysts raised their outlook. Royal Bank of Canada increased its price target from $173 to $178 and maintained an “outperform” rating. Other analysts also lifted forecasts following the upbeat quarter, reinforcing expectations for improving results. Analysts Increase Their Forecasts
• Positive Sentiment: Customer wins and AI initiatives improve growth prospects. Prevail Bank selected Jack Henry’s core, digital, payments, and financial-crime solutions. The company’s open ecosystem and AI investments are intended to improve bank experiences, support fintech partnerships, and generate future growth. Prevail Bank Selects Jack Henry
• Positive Sentiment: DA Davidson reaffirmed its “buy” rating, while the broader analyst consensus remained “moderate buy.” DA Davidson Reaffirms Buy Rating
• Neutral Sentiment: The earnings call highlighted record core wins and ongoing momentum, but analysts expressed differing views on the technology sector and Jack Henry’s longer-term outlook. Jack Henry Earnings Call Highlights
• Negative Sentiment: Despite the revenue growth and earnings beat, quarterly EPS was below the prior year’s $1.75, and the stock’s valuation and conflicting analyst sentiment could limit further upside.

Jack Henry & Associates Stock Up 0.7%

JKHY stock opened at $166.20 on Thursday. Jack Henry & Associates has a twelve month low of $121.04 and a twelve month high of $193.39. The company has a quick ratio of 1.74, a current ratio of 1.38 and a debt-to-equity ratio of 0.02. The company has a market cap of $11.81 billion, a PE ratio of 23.85, a price-to-earnings-growth ratio of 1.87 and a beta of 0.55. The business’s 50-day simple moving average is $147.07 and its 200 day simple moving average is $151.15.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings results on Tuesday, August 18th. The technology company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.44 by $0.13. Jack Henry & Associates had a return on equity of 23.49% and a net margin of 19.76%.The firm had revenue of $633.10 million during the quarter, compared to analysts’ expectations of $631.60 million. During the same quarter in the prior year, the firm posted $1.75 EPS. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. Jack Henry & Associates has set its FY 2027 guidance at 7.330-7.380 EPS. On average, research analysts anticipate that Jack Henry & Associates will post 7.38 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Larson Financial Group LLC lifted its stake in Jack Henry & Associates by 2,816.7% during the fourth quarter. Larson Financial Group LLC now owns 175 shares of the technology company’s stock worth $32,000 after purchasing an additional 169 shares during the period. Essential Partners LLC grew its stake in shares of Jack Henry & Associates by 65.8% in the 1st quarter. Essential Partners LLC now owns 184 shares of the technology company’s stock valued at $29,000 after purchasing an additional 73 shares during the period. CYBER HORNET ETFs LLC acquired a new position in shares of Jack Henry & Associates in the 2nd quarter worth approximately $35,000. Caitong International Asset Management Co. Ltd raised its holdings 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 worth $30,000 after buying an additional 195 shares in the last quarter. Finally, MUFG Securities EMEA plc bought a new position in shares of Jack Henry & Associates during the 2nd quarter worth approximately $39,000. Institutional investors and hedge funds 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.