Jack Henry & Associates Inc
JKHY: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$234.00 | Dzqn | Ynpksrpmx |
Jack Henry Earnings: Lower Deconversion Fees a Drag, but Underlying Results Solid
Jack Henry’s reported results were negatively impacted by conditions in the banking sector, but we think underlying results were solid and show the steady progress the wide-moat company is making. We will maintain our $174 fair value estimate and see shares as about fairly valued.