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Added to YB: 2026-08-27

Pitch date: 2026-08-20

JKHY [neutral]

Jack Henry & Associates, Inc.

+4.19%

current return

Author Info

Bob’s Payment Stock Substack is a former analyst and portfolio manager. Fundamental buy-and-hold investor. Talking stocks and markets. Focus on Payments, Financial Technology, and Payroll and HCM. Sign up for the newsletter.

Company Info

Jack Henry & Associates, Inc. operates as a financial technology company that connects people and financial institutions through technology solutions and payment processing services.

Market Cap

$12.1B

Pitch Price

$165.45

Price Target

N/A

Dividend

1.43%

EV/EBITDA

14.31

P/E

24.43

EV/Sales

4.81

Sector

Financial Services

Category

growth

Show full summary:
Payments and FinTech Earnings Recap: Q2 2026 - Jack Henry & Associates, Inc.

JKHY (earnings): FY26 beat: organic rev +6.6% in FQ4 (above exp), non-GAAP op margin +90bps to 24%, FCF conversion 101%. Core wins accelerating: 58 in FY26 (vs 51), 59% attached digital/card (vs 39%); QTD core wins (50 days) already topped all of FY26 Q1 (92 days). Taking share from everyone, not just disrupted FISV. FY27 guide: ~7% organic (midpoint 6.8%, -50bps y/y, ~80bps below 5yr avg 7.6%) — wins not yet flowing to rev accel; 20-40bps margin expansion, cautiously optimistic to beat but cyber/AI/data-center spend caps upside. Potential low-key AI efficiency winner. Valuation: 23x NTM EPS — cheaper than history, not cheap.

Read full article (2 min)