Jack Henry & Associates (NASDAQ:JKHY) Releases FY 2027 Earnings Guidance

by · The Markets Daily

Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) updated its FY 2027 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 7.330-7.380 for the period, compared to the consensus EPS estimate of 7.100. The company issued revenue guidance of $2.7 billion-$2.7 billion, compared to the consensus revenue estimate of $2.7 billion.

Analyst Ratings Changes

Several equities analysts have commented on JKHY shares. The Goldman Sachs Group decreased their target price on shares of Jack Henry & Associates from $180.00 to $161.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Stephens reaffirmed an “overweight” rating and set a $200.00 price target on shares of Jack Henry & Associates in a report on Tuesday, August 11th. DA Davidson reaffirmed a “buy” rating and set a $198.00 price target on shares of Jack Henry & Associates in a report on Monday, May 11th. Morgan Stanley set a $170.00 price target on shares of Jack Henry & Associates in a research report on Friday, May 8th. Finally, Wolfe Research set a $165.00 price objective on shares of Jack Henry & Associates in a research note on Monday, June 29th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $185.71.

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Jack Henry & Associates Price Performance

Shares of JKHY stock traded up $3.09 on Tuesday, reaching $152.96. The company had a trading volume of 1,366,083 shares, compared to its average volume of 1,190,049. The business’s 50-day moving average is $144.30 and its 200 day moving average is $151.43. Jack Henry & Associates has a one year low of $121.04 and a one year high of $193.39. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $10.87 billion, a PE ratio of 21.39, a price-to-earnings-growth ratio of 2.16 and a beta of 0.55.

Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) last issued its earnings results on Tuesday, August 18th. The technology company reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.10. The firm had revenue of $633.10 million for the quarter, compared to analyst estimates of $631.60 million. Jack Henry & Associates had a net margin of 20.64% and a return on equity of 24.03%. Jack Henry & Associates has set its FY 2027 guidance at 7.330-7.380 EPS. Equities research analysts forecast that Jack Henry & Associates will post 6.85 EPS for the current fiscal year.

Hedge Funds Weigh In On Jack Henry & Associates

A number of institutional investors and hedge funds have recently bought and sold shares of the company. CYBER HORNET ETFs LLC acquired a new stake in shares of Jack Henry & Associates during the second quarter valued at about $35,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Jack Henry & Associates by 3,900.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock valued at $30,000 after buying an additional 195 shares during the period. MUFG Securities EMEA plc bought a new position in Jack Henry & Associates in the 2nd quarter valued at approximately $39,000. Los Angeles Capital Management LLC bought a new position in Jack Henry & Associates in the 4th quarter valued at approximately $56,000. Finally, Geneos Wealth Management Inc. boosted its position in Jack Henry & Associates by 186.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 378 shares of the technology company’s stock worth $69,000 after buying an additional 246 shares during the period. Institutional investors and hedge funds own 98.75% of the company’s stock.

Jack Henry & Associates Company Profile

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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.

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