Market Movers

Jack Henry & Associates, Inc.’s Stock Price Soars to $183.51, Experiencing a Robust 3.65% Increase

Jack Henry & Associates, Inc. (JKHY)

183.51 USD +6.46 (+3.65%) Volume: 0.87M

Jack Henry & Associates, Inc.’s stock price has seen a robust performance, currently trading at 183.51 USD, marking a significant increase of +3.65% this session. With a trading volume of 0.87M and a year-to-date percentage change of +4.68%, JKHY’s stock continues to show promising growth in the market.


Latest developments on Jack Henry & Associates, Inc.

Recent stock price movements for Jack Henry & Associates, Inc. (NASDAQ:JKHY) have been influenced by various key events in the financial market. Proficio Capital Partners LLC recently purchased a new stake in the company, showing a positive outlook on its growth prospects. Cobblestone Capital Advisors LLC NY also acquired a significant number of shares, further boosting investor confidence. On the other hand, US Bancorp DE sold some of their shares, reflecting a mixed sentiment among investors. Despite a bearish forecast for Q4 earnings by Zacks Research, Asahi Life Asset Management CO. LTD. made a new investment in JKHY, indicating cautious optimism in the company’s strategic positioning. Overall, Jack Henry & Associates continues to attract interest from both new and existing investors, as seen with Bank of New York Mellon Corp and Bahl & Gaynor Inc. increasing their stock holdings.


Jack Henry & Associates, Inc. on Smartkarma

Analysts on Smartkarma, including Business Breakdowns, have provided coverage on Jack Henry & Associates. In a recent report titled “Jack Henry: VMS King – [Business Breakdowns, EP.205]”, the sentiment was bullish. The report highlighted Jack Henry as a fintech company offering operating system software for small and mid-sized banks, with a focus on organic growth. The company has seen significant stock appreciation since their IPO in the mid-80s, positioning them as a best in class operator within the vertical market software space.


A look at Jack Henry & Associates, Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Jack Henry & Associates, Inc. has been rated using Smartkarma Smart Scores for various factors such as Value, Dividend, Growth, Resilience, and Momentum. The scores indicate a positive long-term outlook for the company, with strong ratings in Dividend and Momentum. This suggests that Jack Henry & Associates may provide good returns for investors looking for steady dividends and potential growth opportunities.

With a balanced overall outlook across different factors, Jack Henry & Associates is positioned well in the market. The company’s focus on providing integrated computer systems for financial institutions, along with its continued customer maintenance, showcases its resilience and commitment to customer satisfaction. Investors may find Jack Henry & Associates to be a solid choice for long-term investment, given its consistent performance and strong ratings in key areas.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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