Jack Henry & Associates (NASDAQ:JKHY) Earns “Outperform” Rating from Royal Bank Of Canada

Jack Henry & Associates (NASDAQ:JKHY)‘s stock had its “outperform” rating restated by investment analysts at Royal Bank Of Canada in a research note issued on Wednesday, Benzinga reports. They presently have a $178.00 price target on the technology company’s stock. Royal Bank Of Canada’s price target would suggest a potential upside of 15.53% from the company’s previous close.

A number of other research analysts have also recently commented on the stock. Stephens restated an “overweight” rating and issued a $200.00 price target on shares of Jack Henry & Associates in a report on Tuesday, August 11th. Piper Sandler assumed coverage on shares of Jack Henry & Associates in a report on Thursday, September 10th. They set a “neutral” rating and a $171.00 price objective on the stock. KeyCorp began coverage on shares of Jack Henry & Associates in a research note on Monday. They issued an “overweight” rating and a $190.00 price objective for the company. The Goldman Sachs Group upped their target price on Jack Henry & Associates from $158.00 to $178.00 and gave the stock a “neutral” rating in a report on Thursday, August 20th. Finally, UBS Group lifted their price target on Jack Henry & Associates from $165.00 to $170.00 and gave the company a “neutral” rating in a report on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $191.88.

Jack Henry & Associates Stock Performance

Shares of NASDAQ:JKHY opened at $154.07 on Wednesday. The stock has a market capitalization of $10.80 billion, a P/E ratio of 22.10, a PEG ratio of 1.86 and a beta of 0.56. Jack Henry & Associates has a 52 week low of $121.04 and a 52 week high of $193.39. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.02. The firm has a fifty day simple moving average of $157.82 and a two-hundred day simple moving average of $151.25.

Jack Henry & Associates (NASDAQ:JKHY) last released its quarterly earnings results on Tuesday, August 18th. The technology company reported $1.57 earnings per share 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 company had revenue of $633.10 million for the quarter, compared to analyst estimates of $631.60 million. During the same quarter in the prior year, the firm posted $1.75 EPS. Jack Henry & Associates’s quarterly revenue was up 4.6% compared to the same quarter last year. Jack Henry & Associates has set its FY 2027 guidance at 7.330-7.380 EPS. On average, analysts expect that Jack Henry & Associates will post 7.36 earnings per share for the current fiscal year.

Institutional Trading of Jack Henry & Associates

Institutional investors have recently bought and sold shares of the stock. Van ECK Associates Corp increased its stake in Jack Henry & Associates by 1,918.2% during the 2nd quarter. Van ECK Associates Corp now owns 1,308,353 shares of the technology company’s stock valued at $180,213,000 after purchasing an additional 1,243,526 shares in the last quarter. Janus Henderson Group PLC lifted its stake in shares of Jack Henry & Associates by 13,343.0% during the first quarter. Janus Henderson Group PLC now owns 1,078,398 shares of the technology company’s stock worth $170,430,000 after buying an additional 1,070,376 shares during the period. Norges Bank acquired a new stake in shares of Jack Henry & Associates during the fourth quarter worth $128,744,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Jack Henry & Associates by 17.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 684,288 shares of the technology company’s stock valued at $124,869,000 after buying an additional 100,619 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Jack Henry & Associates by 13.0% during the first quarter. Dimensional Fund Advisors LP now owns 752,025 shares of the technology company’s stock valued at $118,842,000 after buying an additional 86,810 shares during the last quarter. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Jack Henry & Associates

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

• Positive Sentiment: KeyCorp initiated coverage of Jack Henry & Associates with an Overweight rating and a $190 price target. Relative to the stock’s recent opening price of $154.07, the target implies roughly 23% potential upside, providing a clear bullish catalyst. Jack Henry & Associates Coverage Initiated at KeyCorp
• Positive Sentiment: KeyCorp expects Jack Henry’s earnings to grow from $7.18 per share in fiscal 2027 to $7.88 in fiscal 2028 and $8.65 in fiscal 2029. The estimates suggest continued earnings expansion for the banking-technology provider over the next several years. KeyBanc initiates coverage of Jack Henry & Associates at overweight
• Neutral Sentiment: KeyCorp’s quarterly projections are $1.98 EPS for Q1 fiscal 2027, $1.75 for Q2, $1.74 for Q3 and $1.71 for Q4. Its fiscal 2027 forecast of $7.18 is below the broader consensus estimate of $7.36, tempering the bullish signal despite the positive rating and price target.
• Negative Sentiment: Bank leaders continue to face increasing competition and pressure to invest in emerging technologies, factors that could require higher spending and challenge Jack Henry’s growth outlook. However, the survey is industrywide and does not identify a specific deterioration in Jack Henry’s business. Bank Director’s 2026 Technology Survey

Jack Henry & Associates Company Profile

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.