Morningstar Inc [NASDAQ: MORN] slipped around -2.55 points on Friday, while shares priced at $304.12 at the close of the session, down -0.83%.
Compared to the average trading volume of 210.52K shares, MORN reached a trading volume of 115052 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Morningstar Inc [MORN]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MORN shares is $338.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MORN stock is a recommendation set at 1.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Redburn Atlantic have made an estimate for Morningstar Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 09, 2024. While these analysts kept the previous recommendation, UBS raised their target price to Buy. The new note on the price target was released on October 08, 2024, representing the official price target for Morningstar Inc stock. Previously, the target price had yet another raise to $352, while BMO Capital Markets analysts kept a Outperform rating on MORN stock.
The Average True Range (ATR) for Morningstar Inc is set at 7.44, with the Price to Sales ratio for MORN stock in the period of the last 12 months amounting to 5.55. The Price to Book ratio for the last quarter was 8.03, with the Price to Cash per share for the same quarter was set at 13.24. Price to Free Cash Flow for MORN in the course of the last twelve months was 28.67 with Quick ratio for the last quarter at 1.07.
How has MORN stock performed recently?
Morningstar Inc [MORN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.73. With this latest performance, MORN shares gained by 8.73% in over the last four-week period, additionally sinking by -9.19% over the last 6 months – not to mention a rise of 1.36% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MORN stock in for the last two-week period is set at 56.33, with the RSI for the last a single of trading hit 54.42, and the three-weeks RSI is set at 54.84 for Morningstar Inc [MORN]. The present Moving Average for the last 50 days of trading for this stock 291.17, while it was recorded at 307.54 for the last single week of trading, and 318.06 for the last 200 days.
Morningstar Inc [MORN]: Deeper insight into the fundamentals
Morningstar Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.07 and a Current Ratio set at 1.07.
Earnings analysis for Morningstar Inc [MORN]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MORN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Morningstar Inc go to 17.30%.
Insider trade positions for Morningstar Inc [MORN]
There are presently around $60.58%, or 110.14%% of MORN stock, in the hands of institutional investors. The top three institutional holders of MORN stocks are: VANGUARD GROUP INC with ownership of 2.74 million shares, which is approximately 6.3976%. BLACKROCK INC., holding 2.54 million shares of the stock with an approximate value of $$750.47 million in MORN stocks shares; and BLACKROCK INC., currently with $$720.2 million in MORN stock with ownership which is approximately 5.6877%.
