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Valued at a market cap of $12.6 billion, Jack Henry & Associates, Inc. (JKHY) is a financial technology company that connects people and financial institutions through technology solutions and payment processing services. It is based in Monett, Missouri, and offers transaction processing, business process automation, and information management solutions and services.
Shares of this fintech company have significantly underperformed the broader market over the past 52 weeks. Jack Henry has declined 1.1% over this time frame, while the broader S&P 500 Index ($SPX) has gained 17%. Moreover, on a YTD basis, the stock is down marginally compared to SPX’s 1.3% rise.