Jack Henry & Associates (NASDAQ:JKHY) Stock Gets Price Target Increase from Keefe, Bruyette & Woods

Jack Henry & Associates (NASDAQ:JKHY) had its price objective upped by Keefe, Bruyette & Woods from $200.00 to $215.00 in a report issued on Thursday, Benzinga reports. The firm presently has an “outperform” rating on the technology company’s stock. Keefe, Bruyette & Woods‘s target price would suggest a potential upside of 24.11% from the stock’s previous close.

Several other research firms have also weighed in on JKHY. DA Davidson restated a “buy” rating and set a $198.00 price objective on shares of Jack Henry & Associates in a research note on Wednesday, September 2nd. Raymond James Financial raised their target price on shares of Jack Henry & Associates from $192.00 to $199.00 and gave the company a “strong-buy” rating in a research note on Wednesday, September 16th. The Goldman Sachs Group lifted their price target on Jack Henry & Associates from $158.00 to $178.00 and gave the stock a “neutral” rating in a report on Thursday, August 20th. Oppenheimer lifted their price target on Jack Henry & Associates from $208.00 to $209.00 and gave the stock an “outperform” rating in a report on Wednesday, August 19th. Finally, Seaport Research Partners initiated coverage on Jack Henry & Associates in a research report on Monday, September 28th. They set a “buy” rating and a $193.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Jack Henry & Associates has a consensus rating of “Moderate Buy” and an average target price of $193.18.

Jack Henry & Associates Stock Down 3.9%

JKHY traded down $7.03 during trading on Thursday, reaching $173.23. 1,110,989 shares of the stock were exchanged, compared to its average volume of 814,667. The stock has a market cap of $12.15 billion, a P/E ratio of 23.80, a price-to-earnings-growth ratio of 2.03 and a beta of 0.55. Jack Henry & Associates has a twelve month low of $121.04 and a twelve month high of $193.39. The stock’s 50 day moving average price is $156.97 and its two-hundred day moving average price is $154.41. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.17 and a current ratio of 1.17.

Jack Henry & Associates (NASDAQ:JKHY) last announced its quarterly earnings results on Tuesday, November 3rd. The technology company reported $2.28 EPS for the quarter, beating analysts’ consensus estimates of $2.07 by $0.21. Jack Henry & Associates had a net margin of 19.76% and a return on equity of 23.49%. The firm had revenue of $682.18 million during the quarter, compared to analysts’ expectations of $685.54 million. During the same quarter last year, the company posted $1.97 earnings per share. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. Equities analysts expect that Jack Henry & Associates will post 7.45 EPS for the current year.

Institutional Trading of Jack Henry & Associates

A number of hedge funds have recently modified their holdings of JKHY. Entrust Financial LLC boosted its holdings 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 worth $27,000 after buying an additional 79 shares during the period. Essential Partners LLC raised its holdings in 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 acquiring an additional 73 shares during the period. Root Financial Partners LLC bought a new position in Jack Henry & Associates in the 3rd quarter valued at about $34,000. Mather Group LLC. lifted its position in Jack Henry & Associates by 75.1% during the third quarter. Mather Group LLC. now owns 408 shares of the technology company’s stock worth $58,000 after acquiring an additional 175 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Jack Henry & Associates during the first quarter worth approximately $63,000. Institutional investors and hedge funds own 98.75% of the company’s stock.

Key Stories Impacting Jack Henry & Associates

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

• Positive Sentiment: Jack Henry beat fiscal first-quarter earnings expectations, reporting $2.28 per share versus $2.07 anticipated. Growth in cloud and payments helped lift revenue 8.8% year over year, and the company raised its fiscal 2027 GAAP EPS outlook to $7.47–$7.51. Revenue was slightly below consensus, however. Zacks earnings and growth article Fiscal 2027 outlook article
• Positive Sentiment: Several firms raised their price targets while maintaining or assigning positive ratings: Barclays to $190 (overweight), RBC to $195 (outperform), and Keefe, Bruyette & Woods to $215 (outperform). UBS also lifted its target to $185, while keeping a neutral rating. The revisions signal improved analyst expectations, though targets are not guarantees. Barclays forecast RBC target revision KBW target revision
• Neutral Sentiment: CFO Mimi Carsley is scheduled to present at Citi’s FinTech Conference on November 10. The event may provide investors with updates, but the announcement itself does not indicate a change to the company’s outlook. Conference announcement
• Negative Sentiment: Morgan Stanley said Jack Henry needs to demonstrate clearer upside to its growth targets, highlighting execution and growth visibility as potential investor concerns. Morgan Stanley growth-target assessment

Jack Henry & Associates Company Profile

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.