Jack Henry & Associates (NASDAQ:JKHY) Sets New 12-Month Low – Should You Sell?

Jack Henry & Associates, Inc. (NASDAQ:JKHY) shares reached a new 52-week low on Friday . The stock traded as low as $129.25 and last traded at $129.9550, with a volume of 308782 shares trading hands. The stock had previously closed at $130.73.

Analyst Ratings Changes

Several equities analysts recently weighed in on JKHY shares. Morgan Stanley set a $170.00 target price on shares of Jack Henry & Associates in a research note on Friday, May 8th. Royal Bank Of Canada cut their target price on shares of Jack Henry & Associates from $210.00 to $180.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. UBS Group set a $165.00 target price on shares of Jack Henry & Associates in a research note on Thursday, May 7th. Loop Capital started coverage on shares of Jack Henry & Associates in a research note on Tuesday, March 31st. They set a “buy” rating and a $197.00 target price for the company. Finally, The Goldman Sachs Group cut their target price on shares of Jack Henry & Associates from $180.00 to $161.00 and set a “neutral” rating for the company in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $192.08.

Jack Henry & Associates Stock Up 0.1%

The firm has a market capitalization of $9.29 billion, a PE ratio of 18.28, a PEG ratio of 1.95 and a beta of 0.58. The business’s 50 day simple moving average is $147.62 and its 200 day simple moving average is $165.44. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.04.

Jack Henry & Associates (NASDAQ:JKHY) last issued its quarterly earnings data on Tuesday, May 5th. The technology company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.28. Jack Henry & Associates had a net margin of 20.64% and a return on equity of 24.03%. The business had revenue of $615.93 million during the quarter, compared to analysts’ expectations of $619.67 million. During the same period last year, the company posted $1.52 EPS. The business’s revenue was up 8.7% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, equities research analysts forecast that Jack Henry & Associates, Inc. will post 6.84 earnings per share for the current year.

Jack Henry & Associates Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, June 1st will be issued a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Monday, June 1st. Jack Henry & Associates’s dividend payout ratio (DPR) is 34.13%.

Insider Activity

In other news, CFO Mimi Carsley bought 375 shares of the stock in a transaction dated Thursday, May 14th. The stock was purchased at an average price of $134.12 per share, for a total transaction of $50,295.00. Following the acquisition, the chief financial officer owned 6,007 shares of the company’s stock, valued at $805,658.84. The trade was a 6.66% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Gregory R. Adelson acquired 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were bought at an average price of $133.42 per share, with a total value of $266,840.00. Following the acquisition, the chief executive officer directly owned 21,036 shares in the company, valued at $2,806,623.12. This represents a 10.51% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Jack Henry & Associates

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. State Street Corp lifted its holdings in Jack Henry & Associates by 2.4% during the 3rd quarter. State Street Corp now owns 4,103,290 shares of the technology company’s stock valued at $611,103,000 after buying an additional 97,140 shares in the last quarter. Invesco Ltd. lifted its holdings in Jack Henry & Associates by 9.5% during the 3rd quarter. Invesco Ltd. now owns 1,800,777 shares of the technology company’s stock valued at $268,190,000 after buying an additional 155,616 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in Jack Henry & Associates by 4.9% during the 4th quarter. Wells Fargo & Company MN now owns 1,415,221 shares of the technology company’s stock valued at $258,250,000 after buying an additional 66,633 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Jack Henry & Associates by 160.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,350,393 shares of the technology company’s stock valued at $246,420,000 after buying an additional 831,372 shares in the last quarter. Finally, Van ECK Associates Corp lifted its holdings in Jack Henry & Associates by 1,911.3% during the 3rd quarter. Van ECK Associates Corp now owns 1,111,632 shares of the technology company’s stock valued at $165,555,000 after buying an additional 1,056,362 shares in the last quarter. Institutional investors 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.