What changed
$MORN — BUY 📊
Morningstar, Inc.
🎯 Q2 2026 | Rev $1B | EPS $3.18 vs $2.66 🟢
💡 Consensus expected low-single-digit growth and modest margins, as reflected in an unjustly low P/E multiple; our variant view is that the beat is driven by durable subscription growth and operating leverage, supporting a much higher multiple and upward estimate revisions that the market has not yet fully discounted.
📉 Reward/Risk: 2.0:1
🏢 Business Quality: 8/10 - Morningstar holds a wide moat in investment research and data, with high recurring revenue, strong margins, and a leadership position in a consolidating industry.
📊 Valuation: Cheap - P/E 12x annualized Q1 EPS, vs. peers 20-30x; P/S 2.5x vs. peers 5-10x; EV/EBITDA ~10x; DCF implies ~40% upside; all metrics suggest...
📊 Our read: BUY. Full analysis →
https://stockduty.xyz/s/MORN0622