Jack Henry & Associates, Inc (NASDAQ: JKHY) is 9.12% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The JKHY stock was last observed hovering at around $183.51 in the last trading session, with the day’s gains setting it 7.77%.
Currently trading at $191.28, the stock is 10.19% and 10.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.3 million and changing 4.23% at the moment leaves the stock 10.84% off its SMA200. JKHY registered 10.87% gain for a year compared to 6-month loss of 9.87%.
The stock witnessed a 10.71% gain in the last 1 month and extending the period to 3 months gives it a 9.10%, and is 10.19% up 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 3.56% over the week and 2.30% over the month.
Jack Henry & Associates, Inc (JKHY) has around 7170 employees, a market worth around $13.94B and $2.27B in sales. Current P/E ratio is 34.49 and Fwd P/E is 30.13. Profit margin for the company is 17.82%. Distance from 52-week low is 21.83% and 0.87% from its 52-week high. The company has generated returns on investments over the last 12 months (19.46%).
with sales reaching $585.84M over the same period.The EPS is expected to grow by 11.86% this year, but quarterly earnings will post 6.98% year-over-year. Quarterly sales are estimated to grow 8.78% in year-over-year returns.
Jack Henry & Associates, Inc (JKHY) Top Institutional Holders
The shares outstanding are 72.90M, and float is at 72.46M with Short Float at 3.40%.
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 5.4308% 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.
