Intrinsic value of Jack Henry&Associates - JKHY

Previous Close

$143.24

  Intrinsic Value

$62.22

stock screener

  Rating & Target

str. sell

-57%

Previous close

$143.24

 
Intrinsic value

$62.22

 
Up/down potential

-57%

 
Rating

str. sell

We calculate the intrinsic value of JKHY stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2017), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 11.2

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046
   2047

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  5.70
  5.63
  5.57
  5.51
  5.46
  5.41
  5.37
  5.33
  5.30
  5.27
  5.24
  5.22
  5.20
  5.18
  5.16
  5.14
  5.13
  5.12
  5.11
  5.09
  5.09
  5.08
  5.07
  5.06
  5.06
  5.05
  5.05
  5.04
  5.04
  5.03
Revenue, $m
  1,513
  1,598
  1,687
  1,780
  1,877
  1,978
  2,085
  2,196
  2,312
  2,434
  2,562
  2,696
  2,836
  2,982
  3,136
  3,298
  3,467
  3,644
  3,830
  4,025
  4,230
  4,445
  4,670
  4,907
  5,155
  5,415
  5,688
  5,975
  6,276
  6,592
Variable operating expenses, $m
  1,067
  1,122
  1,179
  1,239
  1,302
  1,367
  1,436
  1,507
  1,582
  1,661
  1,650
  1,736
  1,827
  1,921
  2,020
  2,124
  2,233
  2,348
  2,468
  2,593
  2,725
  2,863
  3,009
  3,161
  3,321
  3,488
  3,664
  3,849
  4,043
  4,246
Fixed operating expenses, $m
  55
  56
  58
  59
  60
  62
  63
  64
  66
  67
  69
  70
  72
  73
  75
  76
  78
  80
  82
  83
  85
  87
  89
  91
  93
  95
  97
  99
  102
  104
Total operating expenses, $m
  1,122
  1,178
  1,237
  1,298
  1,362
  1,429
  1,499
  1,571
  1,648
  1,728
  1,719
  1,806
  1,899
  1,994
  2,095
  2,200
  2,311
  2,428
  2,550
  2,676
  2,810
  2,950
  3,098
  3,252
  3,414
  3,583
  3,761
  3,948
  4,145
  4,350
Operating income, $m
  390
  419
  450
  482
  515
  550
  586
  624
  664
  706
  843
  889
  937
  988
  1,041
  1,097
  1,155
  1,217
  1,281
  1,349
  1,420
  1,494
  1,572
  1,655
  1,741
  1,831
  1,927
  2,026
  2,131
  2,241
EBITDA, $m
  611
  647
  685
  725
  766
  810
  855
  903
  953
  1,005
  1,060
  1,117
  1,177
  1,240
  1,306
  1,376
  1,449
  1,525
  1,605
  1,689
  1,778
  1,870
  1,968
  2,070
  2,177
  2,290
  2,408
  2,532
  2,662
  2,799
Interest expense (income), $m
  1
  3
  5
  8
  11
  14
  17
  21
  24
  28
  32
  36
  40
  44
  49
  54
  59
  64
  70
  76
  82
  88
  95
  102
  110
  117
  126
  134
  143
  153
  163
Earnings before tax, $m
  388
  414
  442
  470
  501
  532
  565
  600
  636
  674
  807
  849
  893
  939
  987
  1,038
  1,091
  1,147
  1,205
  1,267
  1,331
  1,399
  1,470
  1,545
  1,623
  1,706
  1,792
  1,883
  1,978
  2,079
Tax expense, $m
  105
  112
  119
  127
  135
  144
  153
  162
  172
  182
  218
  229
  241
  253
  267
  280
  295
  310
  325
  342
  359
  378
  397
  417
  438
  461
  484
  508
  534
  561
Net income, $m
  283
  302
  322
  343
  365
  389
  413
  438
  465
  492
  589
  620
  652
  685
  721
  758
  796
  837
  880
  925
  972
  1,021
  1,073
  1,128
  1,185
  1,245
  1,308
  1,375
  1,444
  1,517

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  2,017
  2,130
  2,249
  2,373
  2,502
  2,638
  2,780
  2,928
  3,083
  3,246
  3,416
  3,594
  3,781
  3,977
  4,182
  4,397
  4,622
  4,859
  5,107
  5,367
  5,640
  5,926
  6,227
  6,542
  6,873
  7,220
  7,584
  7,966
  8,368
  8,789
Adjusted assets (=assets-cash), $m
  2,017
  2,130
  2,249
  2,373
  2,502
  2,638
  2,780
  2,928
  3,083
  3,246
  3,416
  3,594
  3,781
  3,977
  4,182
  4,397
  4,622
  4,859
  5,107
  5,367
  5,640
  5,926
  6,227
  6,542
  6,873
  7,220
  7,584
  7,966
  8,368
  8,789
Revenue / Adjusted assets
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
  0.750
Average production assets, $m
  1,280
  1,352
  1,427
  1,506
  1,588
  1,674
  1,764
  1,858
  1,956
  2,059
  2,167
  2,280
  2,399
  2,523
  2,653
  2,790
  2,933
  3,083
  3,240
  3,405
  3,579
  3,760
  3,951
  4,151
  4,361
  4,581
  4,812
  5,055
  5,309
  5,577
Working capital, $m
  -8
  -8
  -8
  -9
  -9
  -10
  -10
  -11
  -12
  -12
  -13
  -13
  -14
  -15
  -16
  -16
  -17
  -18
  -19
  -20
  -21
  -22
  -23
  -25
  -26
  -27
  -28
  -30
  -31
  -33
Total debt, $m
  99
  151
  205
  262
  322
  384
  449
  517
  588
  663
  741
  823
  908
  998
  1,092
  1,191
  1,295
  1,403
  1,517
  1,637
  1,762
  1,893
  2,031
  2,176
  2,328
  2,487
  2,654
  2,830
  3,014
  3,207
Total liabilities, $m
  926
  978
  1,032
  1,089
  1,149
  1,211
  1,276
  1,344
  1,415
  1,490
  1,568
  1,650
  1,735
  1,825
  1,919
  2,018
  2,122
  2,230
  2,344
  2,464
  2,589
  2,720
  2,858
  3,003
  3,155
  3,314
  3,481
  3,657
  3,841
  4,034
Total equity, $m
  1,091
  1,152
  1,217
  1,284
  1,354
  1,427
  1,504
  1,584
  1,668
  1,756
  1,848
  1,944
  2,045
  2,151
  2,262
  2,379
  2,501
  2,629
  2,763
  2,904
  3,051
  3,206
  3,369
  3,539
  3,718
  3,906
  4,103
  4,310
  4,527
  4,755
Total liabilities and equity, $m
  2,017
  2,130
  2,249
  2,373
  2,503
  2,638
  2,780
  2,928
  3,083
  3,246
  3,416
  3,594
  3,780
  3,976
  4,181
  4,397
  4,623
  4,859
  5,107
  5,368
  5,640
  5,926
  6,227
  6,542
  6,873
  7,220
  7,584
  7,967
  8,368
  8,789
Debt-to-equity ratio
  0.090
  0.130
  0.170
  0.200
  0.240
  0.270
  0.300
  0.330
  0.350
  0.380
  0.400
  0.420
  0.440
  0.460
  0.480
  0.500
  0.520
  0.530
  0.550
  0.560
  0.580
  0.590
  0.600
  0.610
  0.630
  0.640
  0.650
  0.660
  0.670
  0.670
Adjusted equity ratio
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541
  0.541

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  283
  302
  322
  343
  365
  389
  413
  438
  465
  492
  589
  620
  652
  685
  721
  758
  796
  837
  880
  925
  972
  1,021
  1,073
  1,128
  1,185
  1,245
  1,308
  1,375
  1,444
  1,517
Depreciation, amort., depletion, $m
  221
  228
  235
  243
  251
  260
  269
  278
  288
  299
  217
  228
  240
  252
  265
  279
  293
  308
  324
  341
  358
  376
  395
  415
  436
  458
  481
  505
  531
  558
Funds from operations, $m
  504
  530
  558
  587
  617
  649
  682
  716
  753
  791
  806
  848
  892
  938
  986
  1,037
  1,090
  1,145
  1,204
  1,265
  1,330
  1,397
  1,468
  1,543
  1,621
  1,703
  1,790
  1,880
  1,975
  2,075
Change in working capital, $m
  0
  0
  0
  0
  0
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -2
  -2
Cash from operations, $m
  504
  531
  558
  587
  617
  649
  682
  717
  753
  792
  807
  848
  892
  938
  987
  1,037
  1,091
  1,146
  1,205
  1,266
  1,331
  1,398
  1,469
  1,544
  1,622
  1,705
  1,791
  1,882
  1,977
  2,077
Maintenance CAPEX, $m
  -121
  -128
  -135
  -143
  -151
  -159
  -167
  -176
  -186
  -196
  -206
  -217
  -228
  -240
  -252
  -265
  -279
  -293
  -308
  -324
  -341
  -358
  -376
  -395
  -415
  -436
  -458
  -481
  -505
  -531
New CAPEX, $m
  -68
  -72
  -75
  -79
  -82
  -86
  -90
  -94
  -98
  -103
  -108
  -113
  -119
  -124
  -130
  -136
  -143
  -150
  -157
  -165
  -173
  -182
  -191
  -200
  -210
  -220
  -231
  -243
  -255
  -267
Cash from investing activities, $m
  -189
  -200
  -210
  -222
  -233
  -245
  -257
  -270
  -284
  -299
  -314
  -330
  -347
  -364
  -382
  -401
  -422
  -443
  -465
  -489
  -514
  -540
  -567
  -595
  -625
  -656
  -689
  -724
  -760
  -798
Free cash flow, $m
  315
  331
  348
  366
  385
  404
  425
  447
  469
  493
  493
  519
  546
  574
  604
  636
  668
  703
  739
  777
  817
  859
  903
  949
  997
  1,048
  1,102
  1,158
  1,217
  1,279
Issuance/(repayment) of debt, $m
  49
  52
  54
  57
  59
  62
  65
  68
  71
  75
  78
  82
  86
  90
  94
  99
  104
  109
  114
  119
  125
  131
  138
  145
  152
  159
  167
  175
  184
  193
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  49
  52
  54
  57
  59
  62
  65
  68
  71
  75
  78
  82
  86
  90
  94
  99
  104
  109
  114
  119
  125
  131
  138
  145
  152
  159
  167
  175
  184
  193
Total cash flow (excl. dividends), $m
  363
  383
  402
  423
  444
  467
  490
  515
  540
  567
  571
  600
  631
  664
  698
  734
  772
  811
  853
  897
  942
  990
  1,041
  1,094
  1,149
  1,208
  1,269
  1,333
  1,401
  1,472
Retained Cash Flow (-), $m
  -59
  -61
  -64
  -67
  -70
  -73
  -77
  -80
  -84
  -88
  -92
  -96
  -101
  -106
  -111
  -116
  -122
  -128
  -134
  -141
  -148
  -155
  -163
  -171
  -179
  -188
  -197
  -207
  -217
  -228
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  11
  12
  13
  13
  14
  15
  16
  17
  18
  18
  19
  20
  22
  23
  24
  25
  26
  28
  29
  31
  32
  34
  36
  37
  39
  41
  43
  46
  48
  50
Cash available for distribution, $m
  304
  321
  338
  356
  374
  393
  413
  434
  456
  480
  479
  504
  530
  558
  587
  618
  650
  684
  719
  756
  795
  835
  878
  923
  970
  1,020
  1,072
  1,126
  1,184
  1,244
Discount rate, %
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
  292
  294
  294
  293
  290
  285
  279
  272
  262
  251
  227
  215
  202
  187
  172
  157
  141
  126
  111
  96
  82
  69
  58
  47
  38
  30
  23
  17
  13
  9
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Jack Henry & Associates, Inc. is a provider of information processing solutions for community banks. The Company offers a range of products and services, including processing transactions, automating business processes, and managing information financial institutions and diverse corporate entities. It operates in two segments: bank systems and services (Bank) and credit union systems and services (Credit Union). It provides its products and services through approximately three business brands, which include Jack Henry Banking, Symitar and ProfitStars. The Core software system consists of the integrated applications required to process deposit, loan, and general ledger transactions, and to maintain centralized customer/member information. Jack Henry Banking markets over three software systems to banks and Symitar markets over two software systems to credit unions. Its subsidiaries include Jack Henry Services, Inc., Symitar Systems, Inc. and Bayside Business Solutions, Inc.

FINANCIAL RATIOS  of  Jack Henry&Associates (JKHY)

Valuation Ratios
P/E Ratio 45.1
Price to Sales 7.7
Price to Book 10.7
Price to Tangible Book
Price to Cash Flow 31.1
Price to Free Cash Flow 53.1
Growth Rates
Sales Growth Rate 5.6%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -10.3%
Cap. Spend. - 3 Yr. Gr. Rate 5.7%
Financial Strength
Quick Ratio NaN
Current Ratio 0.1
LT Debt to Equity 4.8%
Total Debt to Equity 4.8%
Interest Coverage 368
Management Effectiveness
Return On Assets 13.2%
Ret/ On Assets - 3 Yr. Avg. 13%
Return On Total Capital 23.7%
Ret/ On T. Cap. - 3 Yr. Avg. 23%
Return On Equity 24.3%
Return On Equity - 3 Yr. Avg. 23.6%
Asset Turnover 0.8
Profitability Ratios
Gross Margin 42.8%
Gross Margin - 3 Yr. Avg. 42.8%
EBITDA Margin 35.5%
EBITDA Margin - 3 Yr. Avg. 35.5%
Operating Margin 25.7%
Oper. Margin - 3 Yr. Avg. 25.9%
Pre-Tax Margin 25.6%
Pre-Tax Margin - 3 Yr. Avg. 25.8%
Net Profit Margin 17.2%
Net Profit Margin - 3 Yr. Avg. 17.5%
Effective Tax Rate 33%
Eff/ Tax Rate - 3 Yr. Avg. 32.4%
Payout Ratio 37.4%

JKHY stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the JKHY stock intrinsic value calculation we used $1431 million for the last fiscal year's total revenue generated by Jack Henry&Associates. The default revenue input number comes from 2017 income statement of Jack Henry&Associates. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our JKHY stock valuation model: a) initial revenue growth rate of 5.7% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for JKHY is calculated based on our internal credit rating of Jack Henry&Associates, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Jack Henry&Associates.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of JKHY stock the variable cost ratio is equal to 70.9%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $54 million in the base year in the intrinsic value calculation for JKHY stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Jack Henry&Associates.

Corporate tax rate of 27% is the nominal tax rate for Jack Henry&Associates. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the JKHY stock is equal to 0.8%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for JKHY are equal to 84.6%.

Life of production assets of 10 years is the average useful life of capital assets used in Jack Henry&Associates operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for JKHY is equal to -0.5%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $1032 million for Jack Henry&Associates - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 78 million for Jack Henry&Associates is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Jack Henry&Associates at the current share price and the inputted number of shares is $11.2 billion.

RELATED COMPANIES Price Int.Val. Rating
QTWO Q2 Holdings 59.05 25.77  sell
FISV Fiserv 79.44 38.79  sell
FIS Fidelity Natio 107.10 58.64  sell
ACIW ACI Worldwide 26.95 18.54  sell
IBM International 146.06 149.81  hold
EPAY Bottomline Tec 60.82 2.94  str.sell

COMPANY NEWS

▶ MBT Bank Moves to Jack Henry Banking's SilverLake System   [Jul-24-18 08:00AM  PR Newswire]
▶ Cloud Services Propel Fintech Software Firms To Higher Valuations   [Jun-29-18 09:26AM  Investor's Business Daily]
▶ Should You Buy Jack Henry & Associates Inc (NASDAQ:JKHY)?   [Jun-21-18 02:33PM  Simply Wall St.]
▶ Langley Federal Credit Union Converts to Symitar Episys   [Jun-12-18 08:00AM  PR Newswire]
▶ ProfitStars Moves Imaging Suite to the Cloud   [May-17-18 08:00AM  PR Newswire]
▶ Jack Henry: Fiscal 3Q Earnings Snapshot   [May-01-18 05:43PM  Associated Press]
▶ Intelledox Joins the Symitar Vendor Integration Program   [Apr-30-18 07:00AM  Business Wire]
▶ Jack Henry meets 2Q profit forecasts   [Feb-06-18 05:21PM  Associated Press]
▶ Stocks With Rising Relative Price Strength: Jack Henry & Associates   [Jan-05-18 03:00AM  Investor's Business Daily]
▶ Symitar Says Hello to Alexa   [Dec-20-17 08:00AM  PR Newswire]
▶ Jack Henry & Associates to Acquire Ensenta Corporation   [Nov-28-17 05:15PM  PR Newswire]
▶ Jack Henry misses Street 1Q forecasts   [Nov-07-17 07:25PM  Associated Press]
▶ Jack Henry & Associates Earns RS Rating Upgrade   [Oct-26-17 03:00AM  Investor's Business Daily]
▶ Jack Henry & Associates Acquires Vanguard Software Group   [Aug-31-17 04:01PM  PR Newswire]
▶ Urban Outfitters and Agilent climb; Bristol-Myers skids   [Aug-16-17 04:48PM  Associated Press]
▶ Jack Henry meets 4Q profit forecasts   [Aug-15-17 09:32PM  Associated Press]
▶ Central Bancshares, Inc. Converts to Jack Henry Banking   [Jul-27-17 08:00AM  PR Newswire]
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.