Morningstar Inc (MORN) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 02, 2020
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Morningstar Inc (MORN, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Morningstar Inc is a provider of independent investment research on two core sectors data and research. It offers data on investments such as mutual funds, stocks, exchange-traded funds, closed-end funds, separate accounts, and variable annuities. Morningstar Inc has a market cap of $6.28 billion; its shares were traded at around $146.75 with a P/E ratio of 41.57 and P/S ratio of 5.38. The dividend yield of Morningstar Inc stocks is 0.77%. Morningstar Inc had annual average EBITDA growth of 9.90% over the past ten years. GuruFocus rated Morningstar Inc the business predictability rank of 4.5-star. GuruFocus has detected 2 severe warning signs with Morningstar Inc. .

For the last quarter Morningstar Inc reported a revenue of $332.4 million, compared with the revenue of $262.7 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.2 billion, an increase of 15.6% from last year. For the complete 30-year financial data, please go here.. For the last five years Morningstar Inc had an average revenue growth rate of 9.3% a year.

The reported diluted earnings per share was $3.52 for the year, a decline of 17.2% from the previous year. Over the last five years Morningstar Inc had an EPS growth rate of 13.4% a year. The Morningstar Inc had a decent operating margin of 16.08%, compared with the operating margin of 21.16% a year before. The 10-year historical median operating margin of Morningstar Inc is 21.92%. The profitability rank of the company is 9 (out of 10).

At the end of the fiscal year, Morningstar Inc has the cash and cash equivalents of $334.1 million, compared with $369.3 million in the previous year. The long term debt was $640.8 million, compared with $70.0 million in the previous year. Morningstar Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $146.75, Morningstar Inc is traded at close to its historical median P/S valuation band of $142.14. The P/S ratio of the stock is 5.38, while the historical median P/S ratio is 4.71. The intrinsic value of the stock is $51.40 a share, according to GuruFocus DCF Calculator. The stock gained 16.97% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Steven N Kaplan sold 2,316 shares of MORN stock on 02/27/2020 at the average price of $150.69. The price of the stock has decreased by 2.61% since.
  • Executive Chairman, 10% Owner Jose Mansueto sold 9,400 shares of MORN stock on 02/26/2020 at the average price of $156.47. The price of the stock has decreased by 6.21% since.
  • Executive Chairman, 10% Owner Jose Mansueto sold 1,576 shares of MORN stock on 02/25/2020 at the average price of $158.38. The price of the stock has decreased by 7.34% since.
  • Executive Chairman, 10% Owner Jose Mansueto sold 8,613 shares of MORN stock on 02/21/2020 at the average price of $165.08. The price of the stock has decreased by 11.1% since.
  • Executive Chairman, 10% Owner Jose Mansueto sold 17,899 shares of MORN stock on 02/19/2020 at the average price of $162.42. The price of the stock has decreased by 9.65% since.

For the complete 20-year historical financial data of MORN, click here.