Jack Henry & Associates Inc. (NASDAQ:JKHY) shares fell to a low of $156.83 before closing at $157.32. Intraday shares traded counted 0.32 million, which was 45.42% higher than its 30-day average trading volume of 592.90K. JKHY’s previous close was $157.98 while the outstanding shares total 76.20M. The firm has a beta of 0.59, a 12-month trailing P/E ratio of 40.57, and a growth ratio of 3.81. The stock’s Relative Strength Index (RSI) is 47.11, with weekly volatility at 2.25% and ATR at 3.40. The JKHY stock’s 52-week price range has touched low of $141.65 and a $200.98 high. The stock traded lower over the last trading session, losing -0.42% on 05/14/21.
Investors have identified the Information Technology Services company Jack Henry & Associates Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $11.73 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Jack Henry & Associates Inc. (JKHY) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 442.67 million total, with 301.73 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 4.49 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on JKHY sounds very interesting.
Is the stock of JKHY attractive?
In related news, Director, WIMSETT THOMAS A bought 8,900 shares of the company’s stock in a transaction that recorded on Dec 22. The purchase was performed at an average price of 156.35, for a total value of 1,391,500. As the purchase deal closes, the Director, PRIM JOHN F now sold 4,700 shares of the company’s stock, valued at 911,278. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.30%.
3 out of 16 analysts covering the stock have rated it a Buy, while 12 have maintained a Hold recommendation on Jack Henry & Associates Inc.. 0 analysts has assigned a Sell rating on the JKHY stock. The 12-month mean consensus price target for the company’s shares has been set at $172.27.