Jack Henry & Associates Inc
JKHY: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$462.00 | Mjdsc | Ycqlnksk |
Jack Henry Sees Strong Growth in Fiscal Second Quarter
Jack Henry saw strong growth and margin improvement in the fiscal second quarter, and appears to be hitting its stride as the impact of the pandemic fades. While we think growth this year will come in a bit higher than normal, we believe Jack Henry can continue to take share over time and maintain solid growth. We will maintain our $159 fair value estimate and wide moat rating.