Jack Henry & Associates Inc

JKHY: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$257.00	Ghwmg	Tjtqqrnpmf

Jack Henry Earnings: Results Start to Level Out

Brett Horn

Aug 16, 2023

Jack Henry’s growth in the fiscal fourth quarter moved more in line with our long-term expectations, and the company finished the year roughly in line with our projections. While Jack Henry has faced some headwinds this year, we continue to be impressed by the relative stability of the wide-moat company’s operations. We will maintain our $174 fair value estimate and see the shares as about fairly valued.

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