Jack Henry & Associates, Inc (NASDAQ: JKHY) is -1.44% lower on its value in year-to-date trading and has touched a low of $157.00 and a high of $189.63 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JKHY stock was last observed hovering at around $174.08 in the last trading session, with the day’s loss setting it -1.3%.
Currently trading at $172.78, the stock is -0.47% and -1.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing -0.75% at the moment leaves the stock 0.59% off its SMA200. JKHY registered 4.31% gain for a year compared to 6-month gain of 5.48%. The firm has a 50-day simple moving average (SMA 50) of $174.6202 and a 200-day simple moving average (SMA200) of $171.72565.
The stock witnessed a -0.53% loss in the last 1 month and extending the period to 3 months gives it a -5.62%, and is -0.08% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.10% over the week and 1.81% over the month.
Jack Henry & Associates, Inc (JKHY) has around 7170 employees, a market worth around $12.61B and $2.27B in sales. Current P/E ratio is 31.16 and Fwd P/E is 27.26. Profit margin for the company is 17.83%. Distance from 52-week low is 10.05% and -8.89% from its 52-week high. The company has generated returns on investments over the last 12 months (19.06%).
The EPS is expected to grow by 11.83% this year
1005.0 institutions hold shares in Jack Henry & Associates, Inc (JKHY), with institutional investors hold 98.73% of the company’s shares. The shares outstanding are 72.96M, and float is at 72.52M with Short Float at 3.30%. Institutions hold 98.11% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 8.65 million shares valued at $1.44 billion. The investor’s holdings represent 11.8722 of the JKHY Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.96 million shares valued at $988.86 million to account for 8.1736 of the shares outstanding. The other top investors are KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC which holds 3.96 million shares representing 5.4319 and valued at over $657.16 million, while STATE STREET CORP holds 5.3641 of the shares totaling 3.91 million with a market value of $648.96 million.
Jack Henry & Associates, Inc (JKHY) Insider Activity
The most recent transaction is an insider sale by Foss David B, the company’s Executive Board Chair. SEC filings show that Foss David B sold 18,770 shares of the company’s common stock on Nov 19 ’24 at a price of $171.32 per share for a total of $3.22 million. Following the sale, the insider now owns 0.14 million shares.
