Jack Henry & Associates Inc
JKHY: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$478.00 | Lyv | Gffrwgktf |
Jack Henry Delivers Solid Fiscal First Quarter
Jack Henry delivered a solid fiscal first quarter. In our view, while some headwinds remain, the results suggest the company is on track to see fully normalized growth in fiscal 2022 and solid margin expansion. However, nothing in the quarter materially altered our long-term view, and we will maintain our $159 fair value estimate and wide moat rating.