Morningstar provides independent investment research services, including data on stocks, mutual funds, and similar vehicles, and real-time global market data covering equities, indexes, futures, options, commodities, and precious metals. The company was founded in 1984 and is based in Chicago, Illinois.
MORN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Morningstar Inc. To summarize, we found that Morningstar Inc ranked in the 43th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 14.67%. In terms of the factors that were most noteworthy in this DCF analysis for MORN, they are:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 92. Notably, its equity weight is greater than 83.95% of US equities in the Financial Services sector yielding a positive free cash flow.
The business' balance sheet reveals debt to be 8% of the company's capital (with equity being the remaining amount). Approximately merely 19.88% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Morningstar Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -34.44. This coverage rate is greater than that of merely 3.84% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as MORN, try BRO, EV, FRFHF, SPGI, and NDAQ.
HOBOKEN, N.J.--(BUSINESS WIRE)--John Wiley and Sons (NYSE:JWA)(NYSE:JWB), a global research and education company, announced today that management will participate in the virtual Morningstar Management Behind the Moat Conference on Tuesday, September 29. Wiley currently is part of Morningstar’s Wide Moat Focus Index with an Exemplary Stewardship rating. Brian Napack, President and Chief Executive Officer, and John Kritzmacher, Chief Financial Officer, will participate in a fireside chat at 10:0
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Summary List Placement BlackRock CEO Larry Fink is not often shy about telling the companies his $7.3 trillion asset manager invests in what to do. Before the pandemic made its way to the United States this January, Fink's annual letter harped on climate change and how companies are ignoring a massive investment risk if they do not address it. In the eight months that have passed since the letter was sent out, the world has changed, as the novel coronavirus has killed millions globally and police killings of Black Americans sparked worldwide movements, which have pressured companies to increase diversity in their ranks . During a talk Thursday morning at Morningstar's digital conference, Fink admitted his company still had a ways to go on diversity — and said he wouldn't be pressing oth...