Jack Henry & Associates, Inc. (NASDAQ:JKHY) Stock Has Consensus Target Price of $190.00 According to Analysts

Jack Henry & Associates, Inc. (NASDAQ:JKHY) has received an average recommendation of “Moderate Buy” from the eighteen brokerages that are currently covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, twelve have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $192.35.

JKHY has been the subject of several research reports. Piper Sandler raised Jack Henry & Associates from a “neutral” rating to an “overweight” rating and set a $175.00 price objective for the company in a research note on Friday, October 9th. Weiss Ratings raised Jack Henry & Associates from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 20th. Oppenheimer boosted their target price on Jack Henry & Associates from $208.00 to $209.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 19th. UBS Group upped their target price on Jack Henry & Associates from $170.00 to $185.00 and gave the company a “neutral” rating in a report on Thursday. Finally, DA Davidson reiterated a “buy” rating and issued a $198.00 price target on shares of Jack Henry & Associates in a research report on Wednesday, September 2nd.

Institutional Trading of Jack Henry & Associates

A number of hedge funds have recently bought and sold shares of JKHY. Essential Partners LLC lifted its position in Jack Henry & Associates by 65.8% in the 1st quarter. Essential Partners LLC now owns 184 shares of the technology company’s stock worth $29,000 after buying an additional 73 shares in the last quarter. Entrust Financial LLC boosted its stake in shares of Jack Henry & Associates by 73.1% during the 3rd quarter. Entrust Financial LLC now owns 187 shares of the technology company’s stock valued at $27,000 after buying an additional 79 shares during the period. Root Financial Partners LLC acquired a new stake in shares of Jack Henry & Associates during the 3rd quarter valued at $34,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Jack Henry & Associates during the 1st quarter valued at $63,000. Finally, Mather Group LLC. grew its holdings in shares of Jack Henry & Associates by 75.1% during the 3rd quarter. Mather Group LLC. now owns 408 shares of the technology company’s stock valued at $58,000 after acquiring an additional 175 shares in the last quarter. 98.75% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Jack Henry & Associates

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

• Positive Sentiment: Jack Henry reported quarterly EPS of $2.28, above the $2.07 consensus estimate. Revenue grew 8.8% year over year, with cloud and payments growth supporting results and margins. The company raised its fiscal 2027 GAAP EPS outlook to $7.47–$7.51. Zacks earnings report Outlook and core-win targets
• Positive Sentiment: Several firms raised their price targets: Keefe, Bruyette & Woods to $215, RBC to $195 and Barclays to $190, with the latter two maintaining positive ratings. These revisions suggest analysts see further potential after the earnings update. KBW ratings RBC ratings Barclays ratings
• Neutral Sentiment: UBS lifted its target to $185 but kept a neutral rating, indicating a more measured view of near-term upside. CFO Mimi Carsley is also scheduled to present at Citi’s FinTech Conference on November 10. UBS ratings Investor conference announcement
• Negative Sentiment: Morgan Stanley said Jack Henry needs to show clearer upside to its growth targets, a caution that could temper enthusiasm if future results or guidance do not strengthen that case. Morgan Stanley commentary

Jack Henry & Associates Trading Up 0.6%

Shares of NASDAQ:JKHY opened at $180.26 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.17 and a current ratio of 1.50. The stock has a market capitalization of $12.64 billion, a price-to-earnings ratio of 24.61, a PEG ratio of 2.16 and a beta of 0.55. Jack Henry & Associates has a 1-year low of $121.04 and a 1-year high of $193.39. The company has a 50 day moving average price of $156.90 and a 200 day moving average price of $154.48.

Jack Henry & Associates (NASDAQ:JKHY) last posted its quarterly earnings results on Tuesday, November 3rd. The technology company reported $2.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.07 by $0.21. The company had revenue of $682.18 million for the quarter, compared to analysts’ expectations of $685.54 million. Jack Henry & Associates had a return on equity of 24.46% and a net margin of 19.96%. The firm’s revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.97 earnings per share. On average, research analysts anticipate that Jack Henry & Associates will post 7.49 EPS for the current fiscal year.

Jack Henry & Associates Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Monday, September 7th were issued a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 1.4%. The ex-dividend date was Friday, September 4th. Jack Henry & Associates’s payout ratio is presently 35.01%.

About Jack Henry & Associates

Jack Henry & Associates, Inc is a financial technology company that provides software, payment solutions and technology services to banks and credit unions. Its offerings are designed to support core banking operations, digital banking, account management, lending, payments, fraud prevention and other financial institution functions.

The company serves community and regional banks, credit unions and other financial services organizations in the United States. Its products are delivered through integrated platforms and services intended to help financial institutions manage daily operations, improve customer and member experiences, and connect with third-party financial technology providers.

Founded in 1976 and headquartered in Monett, Missouri, Jack Henry has expanded through internal development and acquisitions, including the 2004 acquisition of Symitar, a provider of core processing and related technology for credit unions.