Jack Henry & Associates, Inc. provides technology solutions and payment processing services primarily for financial services organizations in the United States.
Flawless balance sheet average dividend payer.
Share Price & News
How has Jack Henry & Associates's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JKHY has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: JKHY exceeded the US IT industry which returned -3.5% over the past year.
Return vs Market: JKHY exceeded the US Market which returned -11.5% over the past year.
Price Volatility Vs. Market
How volatile is Jack Henry & Associates's share price compared to the market and industry in the last 5 years?
Simply Wall St News
10 hours ago | Simply Wall StWhat Did Jack Henry & Associates, Inc.'s (NASDAQ:JKHY) CEO Take Home Last Year?
1 week ago | Simply Wall StA Look At The Fair Value Of Jack Henry & Associates, Inc. (NASDAQ:JKHY)
3 weeks ago | Simply Wall StShould You Like Jack Henry & Associates, Inc.’s (NASDAQ:JKHY) High Return On Capital Employed?
Is Jack Henry & Associates undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: JKHY ($149.03) is trading below our estimate of fair value ($152.68)
Significantly Below Fair Value: JKHY is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: JKHY is poor value based on its PE Ratio (40.7x) compared to the IT industry average (24.8x).
PE vs Market: JKHY is poor value based on its PE Ratio (40.7x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: JKHY is poor value based on its PEG Ratio (4.2x)
Price to Book Ratio
PB vs Industry: JKHY is overvalued based on its PB Ratio (7.7x) compared to the US IT industry average (2.7x).
How is Jack Henry & Associates forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JKHY's forecast earnings growth (9.7% per year) is above the savings rate (1.7%).
Earnings vs Market: JKHY's earnings (9.7% per year) are forecast to grow slower than the US market (12.3% per year).
High Growth Earnings: JKHY's earnings are forecast to grow, but not significantly.
Revenue vs Market: JKHY's revenue (6.8% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: JKHY's revenue (6.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if JKHY's Return on Equity is forecast to be high in 3 years time
How has Jack Henry & Associates performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JKHY has high quality earnings.
Growing Profit Margin: JKHY's current net profit margins (17.3%) are lower than last year (18.8%).
Past Earnings Growth Analysis
Earnings Trend: JKHY's earnings have grown by 8.9% per year over the past 5 years.
Accelerating Growth: JKHY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: JKHY had negative earnings growth (-2.4%) over the past year, making it difficult to compare to the IT industry average (14.3%).
Return on Equity
High ROE: JKHY's Return on Equity (18.9%) is considered low.
How is Jack Henry & Associates's financial position?
Financial Position Analysis
Short Term Liabilities: JKHY's short term assets ($427.7M) exceed its short term liabilities ($343.2M).
Long Term Liabilities: JKHY's short term assets ($427.7M) exceed its long term liabilities ($357.5M).
Debt to Equity History and Analysis
Debt Level: JKHY is debt free.
Reducing Debt: JKHY has no debt compared to 5 years ago when its debt to equity ratio was 7.6%.
Debt Coverage: JKHY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: JKHY has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: JKHY has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if JKHY's debt is covered by short term assets.
What is Jack Henry & Associates's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JKHY's dividend (1.15%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: JKHY's dividend (1.15%) is low compared to the top 25% of dividend payers in the US market (5.45%).
Stability and Growth of Payments
Stable Dividend: JKHY's dividends per share have been stable in the past 10 years.
Growing Dividend: JKHY's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.7%), JKHY's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: JKHY's dividends in 3 years are forecast to be well covered by earnings (35.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dave Foss (57yo)
Mr. David B. Foss, also known as Dave, has been the President of Jack Henry & Associates Inc. since July 1, 2014 and has been its Chief Executive Officer since July 1, 2016. Mr. Foss is a Director of CNO F ...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD4.85M) is below average for companies of similar size in the US market ($USD11.74M).
Compensation vs Earnings: Dave's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CFO & Treasurer||19.17yrs||US$1.91m||0.049% $5.6m|
|Chief Operating Officer||0.33yr||US$800.67k||0.010% $1.2m|
|VP & CTO||0.33yr||US$776.12k||0.034% $3.9m|
|GM of Finance & Accounting and Corporate Controller||13.83yrs||no data||no data|
|General Counsel & Secretary||3.33yrs||US$623.78k||0.0023% $259.5k|
|Corporate Communications Manager||no data||no data||no data|
|Vice President of Sales & Marketing||4.17yrs||no data||0.011% $1.3m|
|VP & President of the Jack Henry Banking Division||5yrs||no data||0.0046% $523.7k|
|VP & President of Profitstars||no data||no data||0.0090% $1.0m|
Experienced Management: JKHY's management team is considered experienced (3.9 years average tenure).
|Independent Director||7.67yrs||US$254.81k||0.030% $3.4m|
|Independent Director||8.17yrs||US$272.81k||0.026% $3.0m|
|Chairman of the Board||7.58yrs||US$477.99k||0.27% $30.7m|
|Independent Director||4.33yrs||US$257.81k||0.12% $13.6m|
|Vice Chairman & Lead Director||8.17yrs||US$288.81k||0.058% $6.6m|
|Independent Director||7.67yrs||US$247.81k||0.021% $2.4m|
|Independent Director||5yrs||US$247.81k||0.011% $1.2m|
|Independent Director||6.5yrs||US$247.81k||0.019% $2.1m|
Experienced Board: JKHY's board of directors are considered experienced (7.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: JKHY insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Jack Henry & Associates, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Jack Henry & Associates, Inc.
- Ticker: JKHY
- Exchange: NasdaqGS
- Founded: 1976
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: US$11.434b
- Shares outstanding: 76.72m
- Website: https://www.jackhenry.com
Number of Employees
- Jack Henry & Associates, Inc.
- 663 West Highway 60
- PO Box 807
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|JKHY||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Nov 1985|
|JHY||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Nov 1985|
|JHY||BRSE (Berne Stock Exchange)||Yes||Common Stock||CH||CHF||Nov 1985|
|J1KH34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 4 REPR 1 COM||BR||BRL||Jan 2020|
Jack Henry & Associates, Inc. provides technology solutions and payment processing services primarily for financial services organizations in the United States. The company offers information and transaction processing solutions for banks ranging from community to multi-billion dollar asset institutions under the Jack Henry Banking brand; core data processing solutions for various credit unions under the Symitar brand; and specialized financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and mobile solutions to financial institutions and corporate entities under the ProfitStars brand. It also provides a suite of integrated applications required to process deposit, loan, and general ledger transactions, as well as to maintain centralized customer/member information; and complementary products and services that enable core bank and credit union clients to respond to evolving customer/member demands. The company’s Jack Henry Banking business brand offers SilverLake, a robust IBM Power System primarily designed for commercial-focused banks; CIF 20/20, a system for the community bank market; and Core Director, a Windows-based client/server system. Its Symitar business brand provides Episys, a robust IBM Power System primarily designed for credit unions; and CruiseNet, a Windows-based client/server system designed primarily for credit unions. In addition, the company offers electronic payment solutions; purchases and resells hardware systems, including servers, workstations, scanners, and other devices; and provides implementation, training, and support services. Jack Henry & Associates, Inc. was founded in 1976 and is headquartered in Monett, Missouri.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 01:18|
|End of Day Share Price||2020/03/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.