Jack Henry & Associates Inc
JKHY: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$127.00 | Bzb | Jlmslhwb |
Jack Henry Remains Committed to the Idea That Slow and Steady Wins the Race
Business Strategy and Outlook
Jack Henry remains committed to the idea that slow and steady wins the race. While its larger peers both completed large mergers in 2019 that expanded their operations into new areas, Jack Henry continues to build out its competitive position organically. Overall, we think this approach should allow Jack Henry to maintain its wide moat and continue to modestly outperform its larger peers.