Jack Henry & Associates Inc
JKHY: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$639.00 | Fwnbw | Qwbrbypyj |
Jack Henry Sees Solid Growth but Margin Contraction in Fiscal First Quarter
Jack Henry reported a decent fiscal first quarter, in our view. While revenue growth was solid, the company did see a modest contraction in margins. Nothing in the quarter materially alters our view, and we will maintain our $167 fair value estimate and wide moat rating.