Jack Henry & Associates Inc
JKHY: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$823.00 | Jtnk | Fjhbydzdty |
Jack Henry Back on Track in Fiscal Fourth Quarter
Jack Henry reported a solid fiscal fourth quarter and finished the year roughly in line with our expectations. We think the company’s ability to maintain modest growth and improve margins this year despite COVID-19-related headwinds speaks to the resilience of the franchise. We will maintain our $154 fair value estimate and wide moat rating.