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

Key Points

• Jack Henry & Associates raised or updated its FY 2027 guidance to $7.33–$7.38 in earnings per share, above the $7.10 analyst consensus, while revenue guidance of approximately $2.7 billion matched expectations.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $185.71; recent targets ranged from $170 to $200.
• The stock rose to $153.12 in Tuesday trading after the company reported quarterly EPS of $1.57, beating estimates by $0.10. Institutional investors own 98.75% of the company’s shares.

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. DA Davidson reissued a "buy" rating and set a $198.00 target price on shares of Jack Henry & Associates in a report on Monday, May 11th. Barclays began coverage on shares of Jack Henry & Associates in a research note on Tuesday, July 7th. They issued an "overweight" rating and a $170.00 price target on the stock. Stephens reaffirmed an "overweight" rating and set a $200.00 price target on shares of Jack Henry & Associates in a research report on Tuesday, August 11th. Royal Bank Of Canada dropped their price objective on shares of Jack Henry & Associates from $180.00 to $173.00 and set an "outperform" rating for the company in a research note on Thursday, June 18th. Finally, Morgan Stanley set a $170.00 price objective on shares of Jack Henry & Associates in a report on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, Jack Henry & Associates currently has a consensus rating of "Moderate Buy" and a consensus price target of $185.71.

Jack Henry & Associates Price Performance

Jack Henry & Associates stock traded up $3.25 during mid-day trading on Tuesday, reaching $153.12. 1,360,333 shares of the company were exchanged, compared to its average volume of 1,190,049. The firm has a market cap of $10.88 billion, a PE ratio of 21.42, a PEG ratio of 2.16 and a beta of 0.55. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.74 and a quick ratio of 1.74. The company has a fifty day simple moving average of $144.30 and a 200-day simple moving average of $151.43. Jack Henry & Associates has a 12 month low of $121.04 and a 12 month high of $193.39.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last released 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 during the quarter, compared to the consensus estimate of $631.60 million. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.Jack Henry & Associates has set its FY 2027 guidance at 7.330-7.380 EPS. As a group, equities research analysts expect that Jack Henry & Associates will post 6.85 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Jack Henry & Associates

Large investors have recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Jack Henry & Associates by 160.2% in 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. Balyasny Asset Management L.P. boosted its position in shares of Jack Henry & Associates by 560.2% during the 4th quarter. Balyasny Asset Management L.P. now owns 557,078 shares of the technology company's stock worth $101,656,000 after acquiring an additional 472,698 shares in the last quarter. UBS Group AG increased its stake in Jack Henry & Associates by 75.7% in the third quarter. UBS Group AG now owns 847,002 shares of the technology company's stock valued at $126,144,000 after acquiring an additional 364,878 shares during the last quarter. Caisse de depot et placement du Quebec increased its stake in Jack Henry & Associates by 880.6% in the third quarter. Caisse de depot et placement du Quebec now owns 318,093 shares of the technology company's stock valued at $47,374,000 after acquiring an additional 285,656 shares during the last quarter. Finally, Invesco Ltd. raised its position in Jack Henry & Associates by 9.5% during the third quarter. Invesco Ltd. now owns 1,800,777 shares of the technology company's stock valued at $268,190,000 after purchasing an additional 155,616 shares in the last quarter. 98.75% of the stock is currently owned by institutional investors and hedge funds.

About Jack Henry & Associates

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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