Jack Henry (JKHY) is a Top-Ranked Growth Stock: Should You Buy?

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies and confidence [1] - The Zacks Style Scores serve as complementary indicators to the Zacks Rank, helping investors identify stocks with high potential for market outperformance [2] Zacks Style Scores Overview - The Zacks Style Scores rate stocks using an alphabetic system from A to F based on value, growth, and momentum characteristics [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5][6] Value Score - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - The Growth Score assesses a company's financial health and future growth potential by analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Score evaluates stocks based on price trends and earnings outlook, utilizing metrics like one-week price change and monthly earnings estimate changes [5] VGM Score - The VGM Score combines the three Style Scores to identify stocks with the best value, growth forecasts, and momentum [6] Zacks Rank Integration - The Zacks Rank uses earnings estimate revisions to simplify stock selection, with 1 (Strong Buy) stocks historically yielding an average annual return of +23.93% since 1988 [7] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal returns [9] Stock Highlight: Jack Henry & Associates, Inc. (JKHY) - Jack Henry & Associates, Inc. is rated 2 (Buy) on the Zacks Rank and has a VGM Score of B [11] - The company is projected to have a year-over-year earnings growth of 2.4% for the current fiscal year, with upward revisions in earnings estimates [12] - The Zacks Consensus Estimate for JKHY has increased by $0.17 to $6.39 per share, with an average earnings surprise of +15% [12]