Jack Henry & Associates, Inc. (JKHY) Stock Sees a-1.01 Decrease

In the past week, JKHY stock has gone down by -0.55%, with a monthly decline of -1.91% and a quarterly plunge of -3.07%. The volatility ratio for the week is 1.65%, and the volatility levels for the last 30 days are 1.99% for Jack Henry & Associates, Inc. The simple moving average for the last 20 days is -1.91% for JKHY’s stock, with a simple moving average of -1.11% for the last 200 days.

Is It Worth Investing in Jack Henry & Associates, Inc. (NASDAQ: JKHY) Right Now?

The price-to-earnings ratio for Jack Henry & Associates, Inc. (NASDAQ: JKHY) is 31.61x, which is above its average ratio. Moreover, the 36-month beta value for JKHY is 0.64. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 6 as “hold,” and 1 as “sell.”

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The public float for JKHY is 72.30M and currently, short sellers hold a 2.80% of that float. On August 21, 2024, JKHY’s average trading volume was 429.39K shares.

JKHY) stock’s latest price update

Jack Henry & Associates, Inc. (NASDAQ: JKHY) has experienced a decline in its stock price by -1.01 compared to its previous closing price of 165.55. However, the company has seen a fall of -0.55% in its stock price over the last five trading days. zacks.com reported 2024-08-20 that The headline numbers for Jack Henry (JKHY) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Analysts’ Opinion of JKHY

Citigroup, on the other hand, stated in their research note that they expect to see JKHY reach a price target of $177. The rating they have provided for JKHY stocks is “Neutral” according to the report published on January 18th, 2024.

BofA Securities gave a rating of “Buy” to JKHY, setting the target price at $186 in the report published on December 06th of the previous year.

JKHY Trading at -1.15% from the 50-Day Moving Average

After a stumble in the market that brought JKHY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.12% of loss for the given period.

Volatility was left at 1.99%, however, over the last 30 days, the volatility rate increased by 1.65%, as shares sank -2.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.14% lower at present.

During the last 5 trading sessions, JKHY fell by -0.59%, which changed the moving average for the period of 200-days by +15.43% in comparison to the 20-day moving average, which settled at $166.86. In addition, Jack Henry & Associates, Inc. saw 0.29% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at JKHY starting from Zengel Stacey E., who sale 326 shares at the price of $165.10 back on Dec 18 ’23. After this action, Zengel Stacey E. now owns 5,410 shares of Jack Henry & Associates, Inc., valued at $53,823 using the latest closing price.

Stock Fundamentals for JKHY

Current profitability levels for the company are sitting at:

  • 0.22 for the present operating margin
  • 0.42 for the gross margin

The net margin for Jack Henry & Associates, Inc. stands at 0.17. The total capital return value is set at 0.2. Equity return is now at value 22.81, with 14.08 for asset returns.

Based on Jack Henry & Associates, Inc. (JKHY), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at 1.97. The debt to equity ratio resting at 0.15. The interest coverage ratio of the stock is 27.23.

Currently, EBITDA for the company is 489.39 million with net debt to EBITDA at 0.44. When we switch over and look at the enterprise to sales, we see a ratio of 5.58. The receivables turnover for the company is 8.31for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.20.

Conclusion

To wrap up, the performance of Jack Henry & Associates, Inc. (JKHY) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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