Morningstar (NASDAQ:MORN) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, April 24th.
Morningstar (NASDAQ:MORN) last released its quarterly earnings data on Thursday, February 21st. The business services provider reported $0.99 EPS for the quarter, topping the Zacks’ consensus estimate of $0.86 by $0.13. Morningstar had a net margin of 17.94% and a return on equity of 18.22%. The firm had revenue of $262.70 million during the quarter.
MORN stock opened at $134.80 on Monday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.66 and a quick ratio of 1.66. Morningstar has a one year low of $99.67 and a one year high of $144.34. The firm has a market cap of $5.75 billion, a price-to-earnings ratio of 35.38 and a beta of 0.83.
MORN has been the subject of a number of research analyst reports. BidaskClub cut shares of Morningstar from a “hold” rating to a “sell” rating in a research report on Thursday, January 31st. ValuEngine raised shares of Morningstar from a “hold” rating to a “buy” rating in a research report on Wednesday, January 2nd.
In other news, Chairman Joseph D. Mansueto sold 9,946 shares of the business’s stock in a transaction dated Wednesday, February 6th. The shares were sold at an average price of $125.14, for a total value of $1,244,642.44. Following the completion of the sale, the chairman now owns 22,511,854 shares of the company’s stock, valued at $2,817,133,409.56. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Joseph D. Mansueto sold 9,841 shares of the business’s stock in a transaction dated Monday, February 4th. The shares were sold at an average price of $122.86, for a total transaction of $1,209,065.26. Following the completion of the sale, the insider now directly owns 22,523,830 shares of the company’s stock, valued at approximately $2,767,277,753.80. The disclosure for this sale can be found here. In the last three months, insiders sold 370,870 shares of company stock valued at $46,130,794. 54.10% of the stock is currently owned by company insiders.
Morningstar Company Profile
Morningstar, Inc provides independent investment research services in North America, Europe, Australia, and Asia. It offers a line of data, research, and software tools on a range of investment offerings, including managed investment products, publicly listed companies, fixed income securities, private capital markets, and real-time global market data for financial advisors, asset managers, retirement plan providers and sponsors, and individual and institutional investors.
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