Jack Henry & Associates, Inc. (NASDAQ:JKHY)
The Company provides computer systems for in-house and outsourced data processing to commercial banks, credit unions and other financial institutions.
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Awesome computer system set up for banks. Gaining market share with the small community bank set and looking to expand to larger banks with branches in excess of 30+. Robust business with great potential
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Nice Growth, no debt
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I have owned this stock since 1990 and it has always performed well. Occasionally it has had its dips but it always coes back!
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VALUE LINES - TIMELY STOCKS IN TIMELY INDUSTRIES
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Breakout of basing pattern on above average volume. Target $46.50
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indsutry dynamics are good - potential for a buyout. havent really dd'd this though.
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valueline timely #1 pick
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increase in small to mid sized banks increases the oppurtunity for this company to expand.
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Their technology and their business model is adequate to keep them competitive.
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Growing company servicing banking industry with softwear/ services. Targeting small and medium sized banks which seem to be springing up all over the place, which are locating themselves in newer communities popuated by medium to higher income groups, hence profitable banks requiring Jkhy services and softwear.
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Revenues, Cah Flow, Earnings and Book Value have grown in the teens. It also pays a dividend.
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While they have amassed a fine cadre of acquisitions, and they are deeply embedded in mid- and small banks, their customer service is horrific and they are dropping the ball on their payments processing products. Loads of good competition, mixed with further bank consolidation bodes poorly for this once terrific company. So it goes. The recent bump will likely be followed by a dramatic drop, as this stock has proven volatile and irrational.
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Earnings growing 15%. Solid revenue, cash flow and book value growth as well. 18 cent dividend as well.
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Tightly run family held buisiness.
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Balance sheet looks decent. Keeps snagging decent contracts for their bank software and services. I think they have plenty of upside in the next year. I heard they had some internal problems a few months ago. Looks like they are fighting their way up out of that to me. I think I'll hang around for awhile. I bought in the mid 17 range and was enjoying a nice profit when it went above 23. I beleive they will climb back within the next year as long as they keep competitive.
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