Morningstar Inc. (MORN)
Morningstar Statistics
Share Statistics
Morningstar has 42.84M shares outstanding. The number of shares has increased by 0.22% in one year.
| Shares Outstanding | 42.84M |
| Shares Change (YoY) | 0.22% |
| Shares Change (QoQ) | -0.1% |
| Owned by Institutions (%) | 59.94% |
| Shares Floating | 25.15M |
| Failed to Deliver (FTD) Shares | 52 |
| FTD / Avg. Volume | 0.03% |
Short Selling Information
The latest short interest is 569.69K, so 1.33% of the outstanding shares have been sold short.
| Short Interest | 569.69K |
| Short % of Shares Out | 1.33% |
| Short % of Float | 2.27% |
| Short Ratio (days to cover) | 4.75 |
Valuation Ratios
The PE ratio is 38.97 and the forward PE ratio is 36.34. Morningstar's PEG ratio is 0.24.
| PE Ratio | 38.97 |
| Forward PE | 36.34 |
| PS Ratio | 6.34 |
| Forward PS | 4.5 |
| PB Ratio | 56.83 |
| P/FCF Ratio | 32.11 |
| PEG Ratio | 0.24 |
Enterprise Valuation
Morningstar has an Enterprise Value (EV) of 14.81B.
| EV / Sales | 6.51 |
| EV / EBITDA | 20.25 |
| EV / EBIT | 25.04 |
| EV / FCF | 33 |
Financial Position
The company has a current ratio of 1.05, with a Debt / Equity ratio of 3.56.
| Current Ratio | 1.05 |
| Quick Ratio | 1.05 |
| Debt / Equity | 3.56 |
| Debt / EBITDA | 1.24 |
| Debt / FCF | 2.01 |
| Interest Coverage | 9.72 |
Financial Efficiency
Return on Equity is 145.86% and Return on Invested Capital is 14.61%.
| Return on Equity | 145.86% |
| Return on Assets | 10.42% |
| Return on Invested Capital | 14.61% |
| Revenue Per Employee | $205.24K |
| Profits Per Employee | $33.37K |
| Employee Count | 11,085 |
| Asset Turnover | 0.64 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 104M |
| Effective Tax Rate | 21.17% |
Stock Price Statistics
The stock price has increased by -0.81% in the last 52 weeks. The beta is 1.23, so Morningstar's price volatility has been higher than the market average.
| Beta | 1.23 |
| 52-Week Price Change | -0.81% |
| 50-Day Moving Average | 311.74 |
| 200-Day Moving Average | 320.77 |
| Relative Strength Index (RSI) | 49.43 |
| Average Volume (20 Days) | 162.15K |
Income Statement
In the last 12 months, Morningstar had revenue of 2.28B and earned 369.9M in profits. Earnings per share was 8.64.
| Revenue | 2.28B |
| Gross Profit | 1.38B |
| Operating Income | 484.8M |
| Net Income | 369.9M |
| EBITDA | 731.6M |
| EBIT | 541.2M |
| Earnings Per Share (EPS) | 8.64 |
Balance Sheet
The company has 502.7M in cash and 904M in debt, giving a net cash position of -401.3M.
| Cash & Cash Equivalents | 502.7M |
| Total Debt | 904M |
| Net Cash | -401.3M |
| Retained Earnings | 0 |
| Total Assets | 3.55B |
| Working Capital | 46.8M |
Cash Flow
In the last 12 months, operating cash flow was 591.6M and capital expenditures -142.7M, giving a free cash flow of 448.9M.
| Operating Cash Flow | 591.6M |
| Capital Expenditures | -142.7M |
| Free Cash Flow | 448.9M |
| FCF Per Share | 10.49 |
Margins
Gross margin is 60.63%, with operating and profit margins of 21.31% and 16.26%.
| Gross Margin | 60.63% |
| Operating Margin | 21.31% |
| Pretax Margin | 21.59% |
| Profit Margin | 16.26% |
| EBITDA Margin | 32.16% |
| EBIT Margin | 21.31% |
| FCF Margin | 19.73% |
Dividends & Yields
MORN pays an annual dividend of $2.23, which amounts to a dividend yield of 0.6%.
| Dividend Per Share | $2.23 |
| Dividend Yield | 0.6% |
| Dividend Growth (YoY) | 12.35% |
| Payout Ratio | 25.93% |
| Earnings Yield | 2.57% |
| FCF Yield | 3.11% |
Analyst Forecast
The average price target for MORN is $370, which is 22.6% higher than the current price. The consensus rating is "Buy".
| Price Target | $370 |
| Price Target Difference | 22.6% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
Scores
| Altman Z-Score | 5.14 |
| Piotroski F-Score | 8 |