Jack Henry & Associates, Inc (NASDAQ:JKHY) shares, rose in value on Friday, May 09, with the stock price up by 0.86% to the previous day’s close as strong demand from buyers drove the stock to $180.96.
Actively observing the price movement in the last trading, the stock closed the session at $179.42. The PE ratio was 30.80 over 12-month period. Referring to stock’s 52-week performance, its high was $196.00, and the low was $157.00. On the whole, JKHY has fluctuated by 6.00% over the past month.
With the market capitalization of Jack Henry & Associates, Inc currently standing at about $13.19 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.23, with its dividend yield at 1.23%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.36B, with a low estimate of 599M and a high estimate of 611.97M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 602.2M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that JKHY’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.00, with the price of JKHY currently trading nearly 4.49% and 3.03% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 62.74, while the 7-day volatility ratio is showing 2.84% which for the 30-day chart, stands at 2.48%. Furthermore, Jack Henry & Associates, Inc (JKHY)’s beta value is 0.73, and its average true range (ATR) is 4.69.
A comparison of Jack Henry & Associates, Inc (JKHY) with its peers suggests the former has fared considerably weaker in the market. JKHY showed an intraday change of 0.86% in last session, and over the past year, it grew by 9.24%%.
Data on historical trading for Jack Henry & Associates, Inc (NASDAQ:JKHY) indicates that the trading volumes over the past 3 months, they’ve averaged 696.87K. According to company’s latest data on outstanding shares, there are 72.90 million shares outstanding.
Nearly 0.61% of Jack Henry & Associates, Inc’s shares belong to company insiders and institutional investors own 98.21% of the company’s shares. The stock has risen by 3.23% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the JKHY stock heading into the next quarter.
