In yesterday’s Wall Street session, Jack Henry & Associates, Inc. (NASDAQ:JKHY) shares traded at $173.73, up 0.85% from the previous session.
JKHY stock price is now 1.69% away from the 50-day moving average and 7.54% away from the 200-day moving average. The market capitalization of the company currently stands at $12.66B.
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On January 18, 2024, Citigroup recently initiated its ‘Neutral’ rating on the stock quoting a target price of $177, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, Zengel Stacey E., Senior Vice President sold 326 shares of the company’s stock on Dec 18 ’23. The stock was sold for $53,823 at an average price of $165.10. Upon completion of the transaction, the Senior Vice President now directly owns 5,410 shares in the company, valued at $0.94 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 25 ’23, Director WIMSETT THOMAS A bought 2,000 shares of the business’s stock. A total of $291,020 was incurred on buying the stock at an average price of $145.51. This leaves the insider owning 36,950 shares of the company worth $6.42 million. A total of 0.65% of the company’s stock is owned by insiders.
During the past 12 months, Jack Henry & Associates, Inc. has had a low of $136.57 and a high of $178.37. As of last week, the company has a debt-to-equity ratio of 0.18, a current ratio of 1.18, and a quick ratio of 1.18. According to the stock market information, the enterprise value for the company is $12.78B, which is based on a 34.01 price-to-earnings ratio, a 4.42 price-to-earnings-growth ratio, and a beta of 0.66. The fifty day moving average price for JKHY is $170.85 and a two-hundred day moving average price translates $161.55 for the stock.
The latest earnings results from Jack Henry & Associates, Inc. (NASDAQ: JKHY) was released for Dec, 2023. According to the Information Technology Services Company, earnings per share came in at $1.26, beating analysts’ expectations of $1.14 by 0.12. This compares to $1.10 EPS in the same period last year. The net profit margin was 17.28% and return on equity was 23.06% for JKHY. The company reported revenue of $545.7 million for the quarter, compared to $505.31 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.99 percent. For the current quarter, analysts expect JKHY to generate $542.41M in revenue.
