Baird analyst David Koning has lowered the price target for Jack Henry & Associates (JKHY) from $195 to $185, a decrease of 5.13%. The current rating remains "Neutral". The average target price for JKHY is $190.83, indicating an upside of 18.80% from the current price of $160.63.
Baird analyst David Koning has recently reduced the price target for Jack Henry & Associates (JKHY) from $195 to $185, representing a decrease of 5.13%. The current rating remains "Neutral". The average target price for JKHY is $190.83, suggesting an upside of 18.80% from the current price of $160.63.
The decrease in the price target comes amidst a mixed sentiment among analysts. While some have maintained a "buy" rating, others have kept it at "hold". The consensus rating for JKHY remains "Hold" with a target price of $187.80 [1].
The latest 13F filing by Nuveen LLC indicates that the fund has taken a new position in JKHY, acquiring 172,306 shares valued at approximately $31.46 million, which represents about 0.24% of the company's total stock [1]. Other hedge funds have also increased their stakes in JKHY, with Mitsubishi UFJ Asset Management boosting its holdings by 3.7% to own over 1.36 million shares [1].
Jack Henry & Associates reported strong earnings for Q2 CY2025, with revenue up 9.9% year on year to $615.4 million and GAAP profit of $1.75 per share, beating analysts’ consensus estimates by 10.8% [2]. The company’s full-year revenue guidance of $2.49 billion at the midpoint came in 1.2% below analysts’ estimates.
The company's market capitalization stands at $11.71 billion, with a debt-to-equity ratio of 0.04, a current ratio of 1.36, and a quick ratio of 1.36 [2]. The stock has a 52-week low of $157.80 and a 52-week high of $196.00.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-nuveen-llc-takes-3146-million-position-in-jack-henry-associates-inc-nasdaqjkhy-2025-08-17/
[2] https://finance.yahoo.com/news/jack-henry-nasdaq-jkhy-q2-214232463.html
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