Jack Henry Associates Stock Today

JKHY Stock  USD 173.73  1.47  0.85%   

Performance

7 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Jack Henry is trading at 173.73 as of the 29th of March 2024; that is 0.85 percent up since the beginning of the trading day. The stock's open price was 172.26. Jack Henry has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Jack Henry Associates are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
20th of November 1985
Category
Technology
Classification
Financials
Jack Henry Associates, Inc. provides technology solutions and payment processing services primarily for financial services organizations in the United States. Jack Henry Associates, Inc. was founded in 1976 and is headquartered in Monett, Missouri. Jack Henry operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. The company has 72.87 M outstanding shares of which 1.9 M shares are currently shorted by private and institutional investors with about 5.08 trading days to cover. More on Jack Henry Associates

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Jack Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Jack Henry's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Jack Henry or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Jack Henry's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Jack Henry's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
Chairman CEODavid Foss
Thematic IdeaTechnology (View all Themes)
Business ConcentrationTransaction & Payment Processing Services, Information Technology Services, Financials, SP 500 Index, NASDAQ Composite, NASDAQ Composite Total, Technology, Financials, Financial Services, Information Technology Services, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering Jack Henry report their recommendations after researching Jack Henry's financial statements, talking to executives and customers, or listening in on Jack Henry's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Jack Henry Associates. The Jack consensus assessment is calculated by taking the average forecast from all of the analysts covering Jack Henry.
Jack Henry's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Jack Henry's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Jack Henry's financial leverage. It provides some insight into what part of Jack Henry's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Jack Henry's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Jack Henry deploys its capital and how much of that capital is borrowed.
Liquidity
Jack Henry cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 275 M in liabilities with Debt to Equity (D/E) ratio of 0.12, which may suggest the company is not taking enough advantage from borrowing. Jack Henry Associates has a current ratio of 1.11, suggesting that it may not be capable to disburse its financial obligations when due. Debt can assist Jack Henry until it has trouble settling it off, either with new capital or with free cash flow. So, Jack Henry's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Jack Henry Associates sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Jack to invest in growth at high rates of return. When we think about Jack Henry's use of debt, we should always consider it together with cash and equity.

Net Income

442.73 Million
Jack Henry Associates (JKHY) is traded on NASDAQ Exchange in USA. It is located in 663 West Highway 60, Monett, MO, United States, 65708 and employs 7,120 people. Jack Henry is listed under Transaction & Payment Processing Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 12.6 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Jack Henry's market, we take the total number of its shares issued and multiply it by Jack Henry's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Jack Henry Associates conducts business under Financial Services sector and is part of Financials industry. The entity has 72.87 M outstanding shares of which 1.9 M shares are currently shorted by private and institutional investors with about 5.08 trading days to cover. Jack Henry Associates currently holds about 48.79 M in cash with 381.56 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.67.
Check Jack Henry Probability Of Bankruptcy
Ownership Allocation
Jack Henry secures a total of 72.87 Million outstanding shares. The majority of Jack Henry Associates outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Jack Henry to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Jack Henry Associates. Please pay attention to any change in the institutional holdings of Jack Henry Associates as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Jack Ownership Details

Jack Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Jack Henry jumping above the current price in 90 days from now is about 12.82%. The Jack Henry Associates probability density function shows the probability of Jack Henry stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.1303. This indicates Jack Henry Associates market returns are sensitive to returns on the market. As the market goes up or down, Jack Henry is expected to follow. Additionally, jack Henry Associates has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 173.73HorizonTargetOdds Above 173.73
86.92%90 days
 173.73 
12.82%
Based on a normal probability distribution, the odds of Jack Henry to move above the current price in 90 days from now is about 12.82 (This Jack Henry Associates probability density function shows the probability of Jack Stock to fall within a particular range of prices over 90 days) .

Jack Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Jack Henry that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Jack Henry's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Jack Henry's value.
InstituionRecorded OnShares
Amundi2023-12-31
1.1 M
Amvescap Plc.2023-12-31
M
Envestnet Asset Management Inc2023-12-31
M
Northern Trust Corp2023-12-31
775.5 K
Handelsbanken Fonder Ab2023-12-31
764.6 K
Neuberger Berman Group Llc2023-12-31
681.8 K
Bank Of New York Mellon Corp2023-12-31
678.6 K
Legal & General Group Plc2023-12-31
601.4 K
Mitsubishi Ufj Asset Management Co.,ltd2023-12-31
595.3 K
Vanguard Group Inc2023-12-31
8.6 M
Blackrock Inc2023-12-31
6.2 M
View Jack Henry Diagnostics

Jack Henry Historical Income Statement

Jack Henry Associates Income Statement is one of the three primary financial statements used for reporting Jack's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Jack Henry Associates revenue and expense. Jack Henry Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Jack Henry's Net Income is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 130.3 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 9.8 M in 2024. View More Fundamentals

Jack Stock Against Markets

Picking the right benchmark for Jack Henry stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Jack Henry stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Jack Henry is critical whether you are bullish or bearish towards Jack Henry Associates at a given time. Please also check how Jack Henry's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Jack Henry without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Jack Henry Corporate Directors

Jack Henry corporate directors refer to members of a Jack Henry board of directors. The board of directors generally takes responsibility for the Jack Henry's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Jack Henry's board members must vote for the resolution. The Jack Henry board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Wesley BrownIndependent DirectorProfile
Jacqueline FiegelIndependent DirectorProfile
Laura KellyIndependent DirectorProfile
Shruti MiyashiroIndependent DirectorProfile

How to buy Jack Stock?

Before investing in Jack Henry, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Jack Henry. To buy Jack Henry stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Jack Henry. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Jack Henry stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Jack Henry Associates stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Jack Henry Associates stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Jack Henry Associates, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Jack Stock please use our How to Invest in Jack Henry guide.

Already Invested in Jack Henry Associates?

The danger of trading Jack Henry Associates is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Jack Henry is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Jack Henry. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Jack Henry Associates is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Jack Henry Associates offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jack Henry's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jack Henry Associates Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jack Henry Associates Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jack Henry Associates. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Jack Henry Associates information on this page should be used as a complementary analysis to other Jack Henry's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for Jack Stock analysis

When running Jack Henry's price analysis, check to measure Jack Henry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jack Henry is operating at the current time. Most of Jack Henry's value examination focuses on studying past and present price action to predict the probability of Jack Henry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jack Henry's price. Additionally, you may evaluate how the addition of Jack Henry to your portfolios can decrease your overall portfolio volatility.
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Is Jack Henry's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jack Henry. If investors know Jack will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jack Henry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.145
Dividend Share
2.08
Earnings Share
5.12
Revenue Per Share
29.641
Quarterly Revenue Growth
0.08
The market value of Jack Henry Associates is measured differently than its book value, which is the value of Jack that is recorded on the company's balance sheet. Investors also form their own opinion of Jack Henry's value that differs from its market value or its book value, called intrinsic value, which is Jack Henry's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jack Henry's market value can be influenced by many factors that don't directly affect Jack Henry's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jack Henry's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jack Henry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jack Henry's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.