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Posted On: 10/04/2017 10:15:14 PM
Post# of 865
RTON Upgraded by Morningstar to 4 star rating explanation below image:
Morningstar Quantitative Equity Ratings
Morningstar equity ratings provide an independent measure of a stock’s valuation by comparing Morningstar’s quantitative fair value estimates with the stock’s most recent close price. A 3-star rating means a stock is trading very close to Morningstar’s quantitative fair value estimates and should, according to the Morningstar formula, offer a "fair return."
A 5-star stock is a good value at its current price; a 1-star stock isn't. Updated daily, ratings can change for three reasons:
1. Morningstar alters its estimate of a stock’s fair value.
2. Because a stock’s price changes.
3. Or both.
Morningstar Quantitative Equity Ratings
Morningstar equity ratings provide an independent measure of a stock’s valuation by comparing Morningstar’s quantitative fair value estimates with the stock’s most recent close price. A 3-star rating means a stock is trading very close to Morningstar’s quantitative fair value estimates and should, according to the Morningstar formula, offer a "fair return."
A 5-star stock is a good value at its current price; a 1-star stock isn't. Updated daily, ratings can change for three reasons:
1. Morningstar alters its estimate of a stock’s fair value.
2. Because a stock’s price changes.
3. Or both.
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