Report
Colin Plunkett
EUR 101.80 For Business Accounts Only

Jack Henry's Customers Are Becoming Increasingly Optimistic

Wide-moat-rated Jack Henry & Associates finished fiscal 2017 in line with our expectations. For the fourth quarter, the company generated sales of $383.8 million, representing year-on-year growth of 4.6%, while earning $0.83 per share. Though earnings per share did decline 21.7% from last year, we’ll remind investors that last year Jack Henry benefited from the one-time gain in the sale of Alogent. Though fiscal 2018 guidance likely disappointed some investors, we do not believe it’s a serio...
Underlying
Jack Henry & Associates Inc.

Jack Henry & Associates is a provider of information processing solutions for community banks. The company's range of products and services includes processing transactions, automating business processes, and managing information for financial institutions and corporate entities. The company's proprietary solutions are marketed through three primary business brands: Jack Henry Banking, which is a provider of integrated data processing systems; Symitar, which is a provider of data processing solutions for credit unions of various sizes; and ProfitStars, which is a provider of agnostic products and services to financial institutions that are primarily not main customers of the company

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Colin Plunkett

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