Attractive stocks have exceptional fundamentals. In the case of Jack Henry & Associates, Inc. (NASDAQ:JKHY), there's is a well-regarded dividend payer that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. If you're interested in understanding beyond my broad commentary, read the full report on Jack Henry & Associates here.
Flawless balance sheet average dividend payer
JKHY's strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This indicates that JKHY has sufficient cash flows and proper cash management in place, which is an important determinant of the company’s health. Investors should not worry about JKHY’s debt levels because the company has none! This means it is running its business only on equity capital funding, which is rather impressive for a US$11b market cap company. JKHY has plenty of financial flexibility, without debt obligations to meet in the short term, as well as the headroom to raise debt should it need to in the future.
For those seeking income streams from their portfolio, JKHY is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 1.1%.
For Jack Henry & Associates, there are three relevant aspects you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for JKHY’s future growth? Take a look at our free research report of analyst consensus for JKHY’s outlook.
- Historical Performance: What has JKHY's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of JKHY? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.