Loop Capital Begins Coverage on Jack Henry & Associates (NASDAQ:JKHY)

Key Points

• Loop Capital initiated coverage with a Buy rating and a $197 price target, implying roughly a 25.9% upside from the prior close.
• Consensus across analysts is a Moderate Buy with an average price target of $200.15 (individual targets up to $220); Jack Henry beat quarterly EPS estimates at $1.72, saw revenue rise 7.9% year-over-year, and set FY2026 guidance of 6.610–6.720 EPS.

Analysts at Loop Capital initiated coverage on shares of Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) in a research report issued on Tuesday. The firm set a "buy" rating and a $197.00 price target on the technology company's stock. Loop Capital's price target points to a potential upside of 25.93% from the stock's previous close.

Several other equities research analysts have also recently weighed in on the company. Wells Fargo & Company upgraded Jack Henry & Associates from an "equal weight" rating to an "overweight" rating and upped their price target for the company from $181.00 to $196.00 in a research report on Tuesday, February 17th. Royal Bank Of Canada raised shares of Jack Henry & Associates from a "sector perform" rating to an "outperform" rating and upped their target price for the stock from $185.00 to $210.00 in a report on Tuesday, December 16th. Wolfe Research set a $220.00 target price on shares of Jack Henry & Associates and gave the stock an "outperform" rating in a research note on Thursday, January 8th. Weiss Ratings downgraded shares of Jack Henry & Associates from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday. Finally, Morgan Stanley boosted their price target on shares of Jack Henry & Associates from $168.00 to $183.00 and gave the company an "equal weight" rating in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Jack Henry & Associates has an average rating of "Moderate Buy" and an average price target of $200.15.

Jack Henry & Associates Stock Up 2.0%

JKHY opened at $156.43 on Tuesday. Jack Henry & Associates has a 12 month low of $144.12 and a 12 month high of $193.39. The company has a market cap of $11.29 billion, a PE ratio of 22.48, a price-to-earnings-growth ratio of 2.32 and a beta of 0.72. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.01. The company has a 50 day moving average of $167.72 and a 200 day moving average of $167.85.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last issued its earnings results on Tuesday, February 3rd. The technology company reported $1.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.43 by $0.29. Jack Henry & Associates had a net margin of 20.59% and a return on equity of 23.75%. The business had revenue of $611.18 million for the quarter, compared to analysts' expectations of $608.46 million. During the same quarter in the previous year, the firm posted $1.34 EPS. The business's revenue for the quarter was up 7.9% compared to the same quarter last year. Jack Henry & Associates has set its FY 2026 guidance at 6.610-6.720 EPS. On average, sell-side analysts expect that Jack Henry & Associates will post 5.83 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd grew its holdings in shares of Jack Henry & Associates by 3,900.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company's stock valued at $30,000 after purchasing an additional 195 shares during the last quarter. Larson Financial Group LLC grew its stake in shares of Jack Henry & Associates by 2,816.7% during the fourth quarter. Larson Financial Group LLC now owns 175 shares of the technology company's stock valued at $32,000 after buying an additional 169 shares during the last quarter. Quent Capital LLC purchased a new position in shares of Jack Henry & Associates in the third quarter worth about $33,000. CYBER HORNET ETFs LLC purchased a new position in shares of Jack Henry & Associates in the second quarter worth about $35,000. Finally, MUFG Securities EMEA plc bought a new stake in shares of Jack Henry & Associates in the 2nd quarter valued at about $39,000. 98.75% of the stock is currently owned by institutional investors.

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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