In a report released today, Joseph Foresi from Cantor Fitzgerald maintained a Buy rating on Jack Henry & Associates (JKHY), with a price target of $163. The company’s shares opened today at $135.79.
Foresi noted:
“: We maintain our Overweight rating and our 12-month PT of $163 on JKHY. (We will review our estimates and PT post the earnings call.) JKHY reported quarterly top-line results and EPS above the FactSet consensus. We look to the earnings call for color on the new payments platform and pipeline updates, the impact and timing of termination fees, and the margin trajectory.”
According to TipRanks.com, Foresi is a top 25 analyst with an average return of 19.0% and a 81.8% success rate. Foresi covers the Technology sector, focusing on stocks such as Fidelity National Info, DXC Technology Company, and Exlservice Holdings.
Currently, the analyst consensus on Jack Henry & Associates is a Moderate Buy with an average price target of $149.
See today’s analyst top recommended stocks >>
The company has a one-year high of $163.68 and a one-year low of $112.78. Currently, Jack Henry & Associates has an average volume of 896K.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Jack Henry & Associates, Inc. engages in the provision of technology solutions and payment processing services primarily for financial services organizations. It operates through the following segments: Core, Payments, Complementary, and Corporate and Other.
