WallStreetZenWallStreetZen

How to Buy Jack Henry & Associates Stock

Jack Henry & Associates Inc

Jack Henry & Associates, Inc. provides technology solutions and payment processing services primarily for financial services organizations in the United States.

Jack Henry & Associates stock last closed at $169.45, up 0.27% from the previous day, and has increased 12.38% in one year. It has underperformed other stocks in the Information Technology Services industry by 0.02 percentage points. Jack Henry & Associates stock is currently +24.08% from its 52-week low of $136.57, and -5% from its 52-week high of $178.37.

There are currently 72.9M shares of JKHY outstanding. The market capitalization of JKHY is $12.35B. In the last 24 hours, 293,193 JKHY shares were traded.

How to Buy Jack Henry & Associates Stock

Not sure how to invest in Jack Henry & Associates stock? Here's how.
  1. Decide where to buy Jack Henry & Associates stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Jack Henry & Associates stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Pick your payment method and add your information.
  4. Research Jack Henry & Associates stock: The Jack Henry & Associates ticker symbol is JKHY. Is Jack Henry & Associates stock a good investment? Should you buy shares of JKHY? How do JKHY's underlying business fundamentals look? Do top analysts think Jack Henry & Associates is a good buy? Why has JKHY's stock price moved recently? (Hint: Our stock market research website can help you understand if JKHY is a good stock to buy).
  5. Execute your JKHY trade: Decide if you will purchase JKHY shares at the current market price or use a limit order to buy JKHY stock at a given price.
  6. Keep an eye on your JKHY position: Create a watchlist to the latest updates on your investment in Jack Henry & Associates shares.

Step 1: Decide where to buy Jack Henry & Associates stock

You need an online brokerage account to access the NASDAQ market and buy JKHY stock.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our experience, eToro is the best brokerage. Here's why:

  • Invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
  • Access to world financial markets: From Technology to Healthcare, New York to Shanghai — you can fill your portfolio with stocks from the globe's top stock exchanges.
  • Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your purchase of shares by signing up for an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open a brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal information so you are able to buy JKHY stock today.

How to Start a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal details to create your new trading account.
  1. Send your details by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit money your brokerage account

Now that you've finished signing up on apps for stock market, you need to deposit funds:

Check out the video below for more details transferring funds into your new investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Jack Henry & Associates stock

After you have identified the best place to buy Jack Henry & Associates stock, it's crucial to evaluate their stock prior to investing, so you truly wrap your head around the risk and opportunity.

Jack Henry & Associates shares at a glance

JKHY Price
$169.45
1w %
1.03%
1y %
12.38%
5y %
24.89%
P/E
32.59x
P/B
6.94x
P/S
5.64x
PEG
7.28x
Revenue
$2.19B
Earnings
$378.52M
Fore. Rev. Growth
4.15%
Fore. Earn. Growth
4.97%
Market Cap
$12.35B
Next Earnings
N/A
Next Dividend
Jun 17, 2024

Jack Henry & Associates Fundamentals

WallStreetZen was created to help part-time investors do better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on JKHY's stock page.

Is JKHY stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge JKHY's fair value.

Using relative valuations methods:

  • JKHY may be overvalued based on its P/E ratio of 32.59x, relative to Information Technology Services industry P/E ratio of 27.49x
  • JKHY could be overvalued based on its P/B ratio of 6.94x, relative to Information Technology Services industry P/B ratio of 4.57x
  • JKHY could be overvalued based on its PEG ratio of 7.28x

You can do additional valuation analysis on JKHY's stock here.

JKHY Financial Health

Pros:

  • JKHY's operating cash flow of $510.77M allows it to safely service it's debt of $250.00M.
  • JKHY earnings of $509.51M is not enough to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the JKHY balance sheet.
  • JKHY profit margin has gone up from 17.2% to 17.3% in the past year.

Cons:

  • There are more long-term liabilities than short-term assets on the JKHY balance sheet.
  • Total JKHY debt is higher than 5 years ago, relative to shareholder equity.
  • JKHY has a relatively high debt to equity ratio of 0.56.

Is JKHY stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 6 sell side analysts who give recommendations on JKHY, the consensus analyst rating on JKHY is a Buy

Please note that analyst forecasts are not stock recommendations, nor are they investment advice.

Most Recent JKHY Analyst Forecasts

Jason Kupferberg, a bottom 1% analyst from Bank of America upgrades JKHY to a strong buy rating and raises their JKHY price target from $167.00 to $186.00, on Dec 6, 2023.

You can dig deeper into what analysts are saying on the Jack Henry & Associates stock forecast page.

JKHY Technicals

SMA10
167.86
SMA20
166.2
SMA50
168.17
SMA100
168.9
SMA200
161.68
MACD
0.36
MACD Signal
-0.27
MACD Histogram
0.63
RSI
56.71
Stochastic %K
72.16
Stochastic %D
65.82
StochRSI %K
92.11
StochRSI %D
83.46

JKHY Growth Numbers

Last year, JKHY earnings were $378.52M. Over the past 5 year, JKHY's earnings have gone up by 7.57% per year. This was slower than the Information Technology Services industry average of 7.93%.

Last year, JKHY revenue was $2.19B. In the last five year, JKHY's revenue has gone up by 7.33% per year. This was slower than the Information Technology Services industry average of 8.12%.

Find out more about JKHY's earnings and revenue performance here.

Latest Insiders Trades at JKHY

Over the last 12 months, executives and large shareholders at JKHY have sold more shares than they have bought.

David B. Foss, Board Chair CEO of JKHY, was the latest JKHY insider to sell. They sold $891,564.96 worth of JKHY stock on Jan 1, 2024.

Research more about who owns JKHY stock here.

Can I rely on JKHY as an income stream?

Jack Henry & Associates pays a dividend of 1.25%, compared to the Information Technology Services industry's average dividend yield of 2.66%. If you owned $1,000 worth of JKHY stock, you would have been paid $12.45 in the past 12 months.

Jack Henry & Associates dividend payments have consistently grown over the past decade and have remained stable.

Get more data about Jack Henry & Associates dividend yield and history here.

JKHY Social Trading Data

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Execute your JKHY trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually sufficient.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a given price, place a limit order.

Press the Open button and your broker will execute the order.

If you want additional help buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Keep an eye on your JKHY position

Now that you own some JKHY shares, you'll want to stay up-to-date on your investment.

Start a watchlist to keep tabs on your JKHY stock.

JKHY Feed

How to Buy Stock in Jack Henry & Associates

To summarize, here are the 6 steps you need to take to buy Jack Henry & Associates stock right now:

  1. Decide where to buy Jack Henry & Associates stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Research Jack Henry & Associates stock
  5. Execute your JKHY trade
  6. Keep an eye on your JKHY position

If you are looking for a brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your new investment in Jack Henry & Associates, click below.

NASDAQ: JKHY
$169.45+0.46 (+0.27%)
Updated May 20, 2024
Open eToro Account
NASDAQ: JKHY
$169.45+0.46 (+0.27%)
Updated May 20, 2024
Open eToro Account

FAQ

How much does it cost to buy one Jack Henry & Associates share?

As of May 20, 2024, it costs $169.45 to buy one share of Jack Henry & Associates stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.59 shares of JKHY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Jack Henry & Associates stock?

According to 6 Wall Street analysts who monitor Jack Henry & Associates, their consensus recommendation is to buy Jack Henry & Associates stock.

What is the best way to buy Jack Henry & Associates stock?

One way to place an order for Jack Henry & Associates stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.