Recent extremely meaningful positive changes in fundamentals have benefitted Morningstar Inc (NASDAQ: MORN): the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, MORN is expected to continue to be a major Value Builder.
Morningstar has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Morningstar has a very low Appreciation Score of 11 but a good Power Rating of 71, leading to the Negative Value Trend Rating.
Recent Price Action
On 10/11/24, Morningstar Inc (NASDAQ: MORN) stock increased 1.8%, closing at $340.08. Moreover, this advance was accompanied by above average trading volume at 146% of normal. Relative to the market the stock has been strong over the last nine months and has risen 7.2% during the last week.
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