Financial Statistics: Jack Henry & Associates, Inc. (NASDAQ: JKHY)

On 30 Sep 2019, Jack Henry & Associates, Inc. (NASDAQ: JKHY) above/below 1.57% and ended at $145.98. The stock market capitalization arrived at $5.236B and total traded volume was 625,476 shares. During last trade, its maximum trading price was registered $146.21 and it’s the minimum trading price was noted $143.48.

Jack Henry & Associates, Inc. (JKHY) recently reported results for the fourth quarter of fiscal 2019.

Non-GAAP Results for the Quarter

On an adjusted basis for the quarter ended June 30, 2019, revenue increased 4% contrast to the previous year quarter to $385.3M. Operating income reduced 2% to $76.3M.

For the year ended June 30, 2019, non-GAAP adjusted revenue increased 7% contrast to the year ended June 30, 2018 to $1,521.4M, and operating income increased 7% to $331.0M.

According to David Foss, President and CEO, “We are happy to report another strong quarter of financial performance.  Our sales teams had an extremely strong fourth quarter across all product lines and have positioned us well as we start the new fiscal year.

We continue to see strong demand for Jack Henry’s industry-leading core solutions. During the quarter we signed 15 new core consumers, which makes for a total of 57 new core consumers signed during the fiscal year with the majority of them choosing our private cloud delivery model.  We also signed 25 existing in-house core consumers to migrate to our private cloud offering during the quarter, which comes to a total of 60 consumers signing during the fiscal year.  As always, I want to thank all of our associates for their outstanding efforts to produce these results.”

Balance Sheet and Cash Flow Review

  • At June 30, 2019, cash and cash equivalents increased to $93.6M from $31.4M at June 30, 2018.
  • Trade receivables totaled $310.1M at June 30, 2019 contrast to $297.3M at June 30, 2018.
  • The company had no borrowings at June 30, 2019 or at June 30, 2018.
  • Total deferred revenue increased to $394.3M at June 30, 2019, contrast to $369.9M a year ago.
  • Stockholders’ equity increased to $1,429.0M at June 30, 2019, contrast to $1,322.8M a year ago.

JKHY is recorded at 2.68 and the relative strength index of the stock stands 52.21. The stock price is going above to its 52 week low with 21.44% and lagging behind from its 52 week high with -9.94%. Analyst recommendation for this stock stands at 2.70.


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