Royal Bank Of Canada Boosts Jack Henry & Associates (NASDAQ:JKHY) Price Target to $178.00

Key Points

• Royal Bank of Canada raised Jack Henry & Associates’ price target to $178 from $173 and maintained an “outperform” rating, implying 7.21% upside from the prior close.
• Jack Henry exceeded quarterly expectations, reporting EPS of $1.57 versus the $1.44 consensus and revenue of $633.1 million, up 4.6% year over year.
• Analyst sentiment remains favorable: the stock has a “Moderate Buy” consensus rating and an average price target of $189.73, although lower year-over-year EPS and declining operating income indicate margin pressure.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) had its target price boosted by equities researchers at Royal Bank Of Canada from $173.00 to $178.00 in a report issued on Thursday,Benzinga reports. The firm presently has an "outperform" rating on the technology company's stock. Royal Bank Of Canada's price target would suggest a potential upside of 7.21% from the stock's previous close.

JKHY has been the subject of a number of other reports. Morgan Stanley set a $170.00 target price on shares of Jack Henry & Associates in a research report on Friday, May 8th. Stephens reiterated an "overweight" rating and set a $200.00 price objective on shares of Jack Henry & Associates in a research note on Tuesday, August 11th. UBS Group restated a "neutral" rating on shares of Jack Henry & Associates in a research note on Thursday. DA Davidson reaffirmed a "buy" rating and set a $198.00 target price on shares of Jack Henry & Associates in a report on Wednesday. Finally, Oppenheimer lifted their price target on Jack Henry & Associates from $208.00 to $209.00 and gave the company an "outperform" rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Jack Henry & Associates has an average rating of "Moderate Buy" and an average target price of $189.73.

Jack Henry & Associates Price Performance

Shares of NASDAQ JKHY opened at $166.04 on Thursday. Jack Henry & Associates has a 52 week low of $121.04 and a 52 week high of $193.39. The business's 50 day moving average price is $145.52 and its 200 day moving average price is $151.14. 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 firm has a market cap of $11.80 billion, a P/E ratio of 23.70, a P/E/G ratio of 2.15 and a beta of 0.55.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last posted its quarterly earnings results on Tuesday, August 18th. The technology company reported $1.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.44 by $0.13. The company had revenue of $633.10 million during the quarter, compared to analyst estimates of $631.60 million. Jack Henry & Associates had a net margin of 19.76% and a return on equity of 23.17%. Jack Henry & Associates's revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period last year, the firm posted $1.75 EPS. Jack Henry & Associates has set its FY 2027 guidance at 7.330-7.380 EPS. On average, sell-side analysts expect that Jack Henry & Associates will post 7.11 earnings per share for the current year.

Hedge Funds Weigh In On Jack Henry & Associates

Hedge funds and other institutional investors have recently modified their holdings of the business. Northwest & Ethical Investments L.P. raised its holdings in Jack Henry & Associates by 3.3% in the 4th quarter. Northwest & Ethical Investments L.P. now owns 2,002 shares of the technology company's stock valued at $365,000 after acquiring an additional 64 shares during the last quarter. Advisory Services Network LLC boosted 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 buying an additional 69 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ grew its holdings in shares of Jack Henry & Associates by 0.3% in the first quarter. Lansforsakringar Fondforvaltning AB publ now owns 22,768 shares of the technology company's stock valued at $3,598,000 after purchasing an additional 71 shares during the period. Essential Partners LLC increased its position in Jack Henry & Associates by 65.8% during the first quarter. Essential Partners LLC now owns 184 shares of the technology company's stock worth $29,000 after purchasing an additional 73 shares during the last quarter. Finally, DNB Asset Management AS increased its position in Jack Henry & Associates by 0.6% during the fourth quarter. DNB Asset Management AS now owns 13,261 shares of the technology company's stock worth $2,420,000 after purchasing an additional 76 shares during the last quarter. 98.75% of the stock is owned by hedge funds and other institutional investors.

Jack Henry & Associates News Summary

Here are the key news stories impacting Jack Henry & Associates this week:

• Positive Sentiment: Quarterly results exceeded expectations. Jack Henry reported fiscal fourth-quarter EPS of $1.57, versus the $1.44 analyst consensus, while revenue reached $633.1 million, slightly above the $631.6 million estimate. Revenue increased approximately 4.6% year over year, supported by processing, cloud hosting, and faster-payment growth. Reuters earnings report
• Positive Sentiment: Fiscal 2027 guidance was above consensus. Management forecast EPS of $7.33–$7.38, compared with analysts’ $7.10 estimate. Revenue guidance of roughly $2.7 billion was generally in line with expectations, making the earnings outlook the primary guidance-related catalyst. Fiscal 2027 guidance report
• Positive Sentiment: New customer and analyst support added to the bullish case. Prevail Bank selected Jack Henry’s core, digital, payments, and financial-crime solutions, highlighting the appeal of its open ecosystem and AI capabilities. DA Davidson reaffirmed a Buy rating with a $198 price target, while the broader analyst consensus remained “Moderate Buy.” Prevail Bank customer announcement
• Neutral Sentiment: Management emphasized strong bookings and strategic growth initiatives. The earnings call highlighted record core wins, cloud adoption, payments expansion, and efforts to build additional fintech relationships through the open ecosystem. These trends support longer-term growth but may take time to materially affect results. Earnings call highlights
• Negative Sentiment: Profitability remained a concern. Despite the earnings beat, GAAP EPS declined from $1.75 to $1.57 year over year. GAAP operating income fell 12.2%, and higher personnel costs pressured margins, tempering the impact of the revenue growth. Fiscal 2026 results

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.

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