Morningstar Inc (NASDAQ: MORN) has reported E.P.S. of $2.79 for its third fiscal quarter (ending September 30) versus $0.92 for the same period a year ago. E.P.S. were $7.63 for the latest four quarters through September 30 versus $1.67 for the same period a year ago.
Recent Price Action
Morningstar Inc (NASDAQ: MORN) stock declined slightly by -0.5% on 10/23/24. The stock closed at $341.81. NORMAL trading volume accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -0.7% during the last week.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Morningstar has a very low Appreciation Score of 11 but a good Power Rating of 72, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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