Jack Henry & Associates (NASDAQ:JKHY) Releases Quarterly Earnings Results, Beats Estimates By $0.25 EPS

Key Points

• Jack Henry & Associates reported a quarterly EPS of $1.75, exceeding the consensus estimate of $1.46 by $0.29.
• The company has a net margin of 18.50% and a return on equity of 22.07%, reflecting strong financial performance.
• Research firms have mixed ratings on the stock, with three analysts rating it as a buy, eight as hold, and one as sell, while the average target price stands at $187.80.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) announced its quarterly earnings data on Tuesday. The technology company reported $1.75 EPS for the quarter, beating the consensus estimate of $1.50 by $0.25, Zacks reports. Jack Henry & Associates had a return on equity of 22.07% and a net margin of 18.50%.Jack Henry & Associates's revenue was up 9.9% on a year-over-year basis. During the same quarter last year, the company earned $1.33 earnings per share. Jack Henry & Associates updated its FY 2026 guidance to EPS.

Jack Henry & Associates Price Performance

Shares of NASDAQ JKHY traded down $0.20 during trading on Tuesday, hitting $160.63. The company had a trading volume of 949,681 shares, compared to its average volume of 632,276. Jack Henry & Associates has a 52 week low of $157.80 and a 52 week high of $196.00. The company has a market cap of $11.70 billion, a P/E ratio of 27.36, a PEG ratio of 2.90 and a beta of 0.73. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.36 and a current ratio of 1.36. The business's 50-day moving average is $174.63 and its 200 day moving average is $175.44.

Analyst Ratings Changes

JKHY has been the topic of several recent analyst reports. Wall Street Zen raised Jack Henry & Associates from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. UBS Group lowered their price objective on Jack Henry & Associates from $190.00 to $185.00 and set a "neutral" rating for the company in a research report on Thursday, May 8th. DA Davidson reaffirmed a "buy" rating and set a $212.00 price target on shares of Jack Henry & Associates in a research report on Monday. Finally, Keefe, Bruyette & Woods decreased their price objective on Jack Henry & Associates from $190.00 to $183.00 and set a "market perform" rating for the company in a report on Thursday, May 8th. Three research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $187.80.

Insider Transactions at Jack Henry & Associates

In other Jack Henry & Associates news, Director David B. Foss sold 5,780 shares of Jack Henry & Associates stock in a transaction on Monday, August 4th. The shares were sold at an average price of $167.28, for a total transaction of $966,878.40. Following the completion of the sale, the director owned 139,265 shares of the company's stock, valued at $23,296,249.20. This trade represents a 3.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.37% of the company's stock.

Hedge Funds Weigh In On Jack Henry & Associates

Institutional investors and hedge funds have recently bought and sold shares of the stock. Advisory Services Network LLC raised its stake in Jack Henry & Associates by 2.6% during the second quarter. Advisory Services Network LLC now owns 2,745 shares of the technology company's stock worth $466,000 after acquiring an additional 69 shares in the last quarter. Tidal Investments LLC raised its holdings in Jack Henry & Associates by 0.4% in the second quarter. Tidal Investments LLC now owns 19,435 shares of the technology company's stock worth $3,502,000 after purchasing an additional 79 shares during the period. Focus Partners Wealth grew its position in shares of Jack Henry & Associates by 15.1% in the 1st quarter. Focus Partners Wealth now owns 1,387 shares of the technology company's stock valued at $253,000 after purchasing an additional 182 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in shares of Jack Henry & Associates in the 2nd quarter valued at about $35,000. Finally, MUFG Securities EMEA plc bought a new stake in shares of Jack Henry & Associates in the second quarter worth $39,000. Institutional investors own 98.75% of the company's stock.

About Jack Henry & Associates

Jack Henry & Associates, Inc is a financial technology company, which engages in the provision of technology solutions and payment processing services. It operates through the following segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer and member information.