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Jack Henry & Associates Inc JKHY

Morningstar Rating
$174.42 −1.53 (0.87%)
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Company Report

Jack Henry Earnings: Performance Holds Steady

Jack Henry’s second-quarter fiscal 2024 results largely held steady with the previous quarter. While lower levels of bank mergers and acquisitions are still a modest headwind, the company’s underlying performance is roughly in line with our long-term expectations. We will maintain our $174 fair value estimate for the wide-moat company and see shares as approximately fairly valued at the moment.

Price vs Fair Value

JKHY is trading at a 0% premium.
Price
$174.42
Fair Value
$285.00
Uncertainty
Medium
1-Star Price
$146.80
5-Star Price
$676.10
Economic Moat
Wxp
Capital Allocation
Mcxxrywll

Bulls Say, Bears Say

Bulls

The bank technology business is very stable, characterized by high amounts of recurring revenue and long-term contracts.

Bears

Jack Henry's smaller size could put it at a disadvantage on the payments side, an area that continues to grow more important.

Is it the right time to buy, sell, or hold?
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News

Trading Information

Previous Close Price
$175.95
Day Range
$173.92176.28
52-Week Range
$136.57178.37
Bid/Ask
$173.85 / $174.85
Market Cap
$12.71 Bil
Volume/Avg
449,055 / 546,214

Key Statistics

Price/Earnings (Normalized)
32.80
Price/Sales
5.92
Dividend Yield (Trailing)
1.19%
Dividend Yield (Forward)
1.26%
Total Yield
1.45%

Company Profile

Jack Henry is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing for U.S. banks and credit unions, with a focus on small and midsize banks. Jack Henry serves almost 1,000 banks and over 700 credit unions.
Sector
Technology
Industry
Information Technology Services
Stock Style Box
Mid Core
Total Number of Employees
7,120

Competitors

Valuation

Metric
JKHY
FIS
V
Price/Earnings (Normalized)
32.8011.4130.87
Price/Book Value
7.401.9014.35
Price/Sales
5.923.3617.23
Price/Cash Flow
22.678.4017.85
Price/Earnings
JKHY
FIS
V

Financial Strength

Metric
JKHY
FIS
V
Quick Ratio
0.740.141.04
Current Ratio
1.370.751.45
Interest Coverage
26.681.8032.85
Quick Ratio
JKHY
FIS
V

Profitability

Metric
JKHY
FIS
V
Return on Assets (Normalized)
14.80%13.19%21.02%
Return on Equity (Normalized)
24.75%33.35%48.30%
Return on Invested Capital (Normalized)
21.05%18.98%32.46%
Return on Assets
JKHY
FIS
V
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