Zacks Research Issues Negative Estimate for JKHY Earnings

Key Points

• Zacks Research has downgraded its earnings estimates for Jack Henry & Associates, reducing the expected EPS for Q1 2026 from $1.62 to $1.53.
• The technology company reported a strong performance in its last quarterly earnings, achieving $1.75 EPS, exceeding the consensus estimate by $0.25.
• Several analysts have lowered their price targets for the stock, with the consensus rating currently standing at "Hold" and an average target price of $174.88.

Jack Henry & Associates, Inc. (NASDAQ:JKHY - Free Report) - Analysts at Zacks Research decreased their Q1 2026 earnings estimates for shares of Jack Henry & Associates in a report issued on Wednesday, October 15th. Zacks Research analyst Team now expects that the technology company will post earnings per share of $1.53 for the quarter, down from their previous estimate of $1.62. The consensus estimate for Jack Henry & Associates' current full-year earnings is $5.83 per share. Zacks Research also issued estimates for Jack Henry & Associates' Q2 2026 earnings at $1.31 EPS, Q1 2028 earnings at $1.67 EPS and FY2028 earnings at $6.54 EPS.

Jack Henry & Associates (NASDAQ:JKHY - Get Free Report) last announced its earnings results on Tuesday, August 19th. The technology company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.50 by $0.25. Jack Henry & Associates had a net margin of 19.19% and a return on equity of 22.60%. The company had revenue of $615.37 million during the quarter, compared to analysts' expectations of $602.20 million. During the same period last year, the company posted $1.33 earnings per share. The business's revenue for the quarter was up 9.9% on a year-over-year basis. Jack Henry & Associates has set its FY 2026 guidance at EPS.

JKHY has been the subject of several other reports. Robert W. Baird decreased their target price on shares of Jack Henry & Associates from $195.00 to $185.00 and set a "neutral" rating for the company in a report on Wednesday, August 20th. Wall Street Zen cut shares of Jack Henry & Associates from a "buy" rating to a "hold" rating in a report on Saturday, October 11th. Keefe, Bruyette & Woods decreased their price target on shares of Jack Henry & Associates from $178.00 to $170.00 and set a "market perform" rating for the company in a report on Wednesday, October 1st. The Goldman Sachs Group decreased their price target on shares of Jack Henry & Associates from $173.00 to $155.00 and set a "neutral" rating for the company in a report on Monday. Finally, DA Davidson set a $204.00 price target on shares of Jack Henry & Associates in a report on Friday, August 22nd. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $174.88.

Jack Henry & Associates Price Performance

Shares of JKHY opened at $154.46 on Thursday. Jack Henry & Associates has a one year low of $144.12 and a one year high of $196.00. The company has a 50-day moving average of $157.02 and a two-hundred day moving average of $170.19. The stock has a market cap of $11.22 billion, a price-to-earnings ratio of 24.75, a PEG ratio of 2.76 and a beta of 0.78.

Hedge Funds Weigh In On Jack Henry & Associates

A number of institutional investors have recently modified their holdings of JKHY. Summit Securities Group LLC bought a new position in shares of Jack Henry & Associates in the first quarter valued at approximately $26,000. Hantz Financial Services Inc. bought a new position in shares of Jack Henry & Associates in the second quarter valued at approximately $27,000. CYBER HORNET ETFs LLC bought a new position in shares of Jack Henry & Associates in the second quarter valued at approximately $35,000. Cullen Frost Bankers Inc. bought a new position in shares of Jack Henry & Associates in the first quarter valued at approximately $38,000. Finally, Private Trust Co. NA increased its position in Jack Henry & Associates by 49.0% during the second quarter. Private Trust Co. NA now owns 216 shares of the technology company's stock worth $39,000 after acquiring an additional 71 shares during the period. Institutional investors own 98.75% of the company's stock.

Insiders Place Their Bets

In related news, Director David B. Foss sold 5,780 shares of the firm's stock in a transaction that occurred 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 transaction, the director owned 139,265 shares of the company's stock, valued at approximately $23,296,249.20. This trade represents a 3.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.60% of the company's stock.

Jack Henry & Associates Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Friday, September 5th were given a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Friday, September 5th. Jack Henry & Associates's dividend payout ratio (DPR) is presently 37.18%.

Jack Henry & Associates Company Profile

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.

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