JKHY Jack Henry & Associates Dashboard

Jack Henry is a leading SaaS provider primarily for the financial services industry. It is a S&P 500 company that serves approximately 8,500 clients nationwide through three divisions: Jack Henry Banking®provides innovative solutions to community and regional banks. Symitar® provides industry-leading solutions to credit unions of all sizes; and ProfitStars® offers highly specialized solutions to financial institutions of every asset size, as well as diverse corporate entities outside of the financial services industry. With a heritage that has been dedicated to openness, partnership, and user centricity for more than 40 years, it is well-positioned as a driving market force in cloud-based digital solutions and payment processing services. It empowers its clients and consumers with the human-centered, tech-forward, and insights-driven solutions that will get them where they want to go.

Company profile

Ticker

JKHY

Exchange

NASDAQ

Website

www.jackhenry.com

CEO

David Foss

Incorporated

Delaware

Location

Missouri

Fiscal year end

Jun 30

Sector

Professional, Scientific, and Technical Services > Computer Systems Design Services

Industry (SIC)

Services - Computer Integrated Systems Design

Leidos • Godaddy • Cerner • Unisys • Parsons • Allscripts Healthcare Solutions • Caci International Inc. - Registered Shares • Scientific Games • Open Text • Verint Systems ...

SEC CIK

0000779152

Corporate docs

Articles of Incorporation & Bylaws

IRS number

431128385

JKHY stock data

S&P 500

1M 1Y 2Y 5Y

News

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Raymond James Maintains Outperform on Jack Henry & Associates, Lowers Price Target to $174

5 May 21

Raymond James analyst John Davis maintains Jack Henry & Associates (NASDAQ:JKHY) with a Outperform and lowers the price target from $179 to $174.

Jack Henry & Associates Q3 EPS $0.95 Beats $0.86 Estimate, Sales $433.78M Miss $439.60M Estimate; Sees FY21 Adj. Sales $1.735B-$1.74B vs $1.76B Est., GAAP EPS $3.98-$4.02

3 May 21

Jack Henry & Associates (NASDAQ:JKHY) reported quarterly earnings of $0.95 per share which beat the analyst consensus estimate of $0.86 by 10.47 percent. This is a 1.04 percent decrease over earnings of $0.96 per share

Looking Into Jack Henry & Associates's Return On Capital Employed

3 May 21

Jack Henry & Associates (NASDAQ:JKHY) posted Q2 earnings of $93.63 million, an increase from Q1 of 20.37%. Sales dropped to $422.36 million, a 6.52% decrease between quarters. In Q1, Jack Henry & Associates earned $117.59 million, and total sales reached $451.80 million.

Earnings Scheduled For May 3, 2021

3 May 21

Earnings Preview for Jack Henry & Associates

30 Apr 21

Press releases

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Jack Henry Establishes Partnership with Merchant's PACT

26 Jul 21

MONETT, Mo., July 26, 2021 /PRNewswire/ -- Today, Jack Henry & Associates, Inc. (NASDAQ:JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry,

Jack Henry Announces Changes to its Board of Directors

1 Jul 21

MONETT, Mo., July 1, 2021 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ:JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry

Land Gorilla Joins the Jack Henry Banking Vendor Integration Program

24 Jun 21

SAN LUIS OBISPO, Calif., June 24, 2021 /PRNewswire/ --

The National Bank of Indianapolis Moves to Jack Henry's SilverLake System Core

24 Jun 21

Jack Henry Appoints Chris King as Chief Sales and Marketing Officer

23 Jun 21

Calendar

7 May 21

27 Jul 21

30 Jun 22

Financial summary

Financial statements Chart JKHY financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jun 20	Jun 19	Jun 18	Jun 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	70.12M	70.12M	70.12M	70.12M	70.12M	70.12M
Cash burn (monthly)	25.88M	3.28M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	100.5M	12.75M	n/a	n/a	n/a	n/a
Cash remaining	-30.39M	57.37M	n/a	n/a	n/a	n/a
Runway (months of cash)	-1.2	17.5	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

JKHY insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Jul 21	Campbell Curtis A	RSU Common Stock	Grant	Aquire A	No	No	0	382	0	382
25 Jun 21	Stacey E. Zengel	Common Stock	Sell	Dispose S	No	No	166.0083	2,347	389.62K	0
17 Feb 21	Craig Keith Morgan	Common Stock	Payment of exercise	Dispose F	No	No	146.24	1,073	156.92K	4,228
17 Feb 21	Craig Keith Morgan	Common Stock	Option exercise	Aquire M	No	No	0	2,324	0	5,301
17 Feb 21	Craig Keith Morgan	RSU Common Stock	Option exercise	Dispose M	No	No	0	2,324	0	4,650
1 Jan 21	Kelly Laura G.	Common Stock	Option exercise	Aquire M	No	No	0	759	0	12,687
1 Jan 21	Kelly Laura G.	RSU Common Stock	Option exercise	Dispose M	No	No	0	759	0	1,593

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

JKHY institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

89.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	599	628	-4.6%
Opened positions	52	92	-43.5%
Closed positions	81	64	+26.6%
Increased positions	223	235	-5.1%
Reduced positions	232	203	+14.3%

13F shares	Current	Prev Q	Change
Total value	10.09B	10.96B	-7.9%
Total shares	66.46M	67.66M	-1.8%
Total puts	128.3K	122.3K	+4.9%
Total calls	166.8K	79.5K	+109.8%
Total put/call ratio	0.8	1.5	-50.0%

Largest owners	Shares	Value	Change
Vanguard	8.85M	$1.34B	-2.9%
BLK Blackrock	7.79M	$1.18B	-7.9%
STT State Street	3.23M	$490.1M	-4.6%
Kayne Anderson Rudnick Investment Management	2.52M	$383.04M	+8.0%
CIBC Private Wealth	1.89M	$286.64M	+0.1%
WFC Wells Fargo & Co.	1.58M	$238.98M	+8.5%
Geode Capital Management	1.47M	$222.58M	+4.9%
Capital World Investors	1.43M	$216.91M	-2.0%
IVZ Invesco	1.27M	$192.11M	+14.4%
BK Bank Of New York Mellon	1.25M	$189.86M	-1.4%

Largest transactions	Shares	Bought/sold	Change
TROW T. Rowe Price	1.13M	+1M	+774.3%
BLK Blackrock	7.79M	-671.63K	-7.9%
Ceredex Value Advisors	448.8K	+448.6K	+224300.0%
JPM JPMorgan Chase & Co.	183.21K	-358.07K	-66.2%
Alliancebernstein	111.16K	-326.01K	-74.6%
Echo Street Capital Management	0	-286.58K	EXIT
Mitsubishi UFJ Trust & Banking	899.26K	+270.47K	+43.0%
Capital Bank & Trust	231.86K	-268.27K	-53.6%
Vanguard	8.85M	-266.41K	-2.9%
D. E. Shaw & Co.	29.25K	-249.31K	-89.5%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Fiserv • Fidelity National Information Services

Management Discussion

For the third quarter of fiscal 2021, total revenue increased 1%, or $4,370, compared to the same quarter in fiscal 2020. Reducing total revenue for the effects of deconversion fees of $4,367 for the current fiscal year quarter and $22,781 for the prior fiscal year quarter and for the effects of acquisitions and divestitures of $1,241 for the prior fiscal year quarter, results in an increase of 6% for the quarter compared to the same quarter a year ago. This total revenue increase was primarily driven by growth in card processing, data processing and hosting fee, and transaction and digital processing revenues partially offset by a decrease in hardware revenue.
Operating expenses increased 2% for the third quarter of fiscal 2021 compared to the third quarter of fiscal 2020, primarily due to increased direct costs related to our card payment processing platform and Jack Henry digital, as well as higher licenses and fees partially offset by lower research and development costs due to more of those costs being capitalized during the quarter, the change in gain/loss on disposal of assets, and travel expense savings due to COVID-19 travel limitations (see "COVID-19 Impact and Response" section above) that included savings generated by holding virtual events.
Operating income decreased 1% for the third quarter of fiscal 2021 compared to the third quarter of fiscal 2020. Reducing operating income for the effects of deconversion fees of $3,967 for the current fiscal quarter and $21,512 for the prior fiscal year quarter and increasing operating income for the effects of acquisitions, divestitures, and gain/loss, of $46 for the current fiscal year quarter and $2,838 for the prior fiscal year quarter, results in a 19% increase for the third quarter of fiscal 2021 compared to the same quarter a year ago. This increase in operating income was primarily driven by increased revenue growth partially offset by increased operating expenses detailed above.

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