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Posted On: 12/18/2019 12:57:05 PM
Post# of 33019
Morningstar updated their report yesterday. Now .20 higher with a fair market value of $2.51.
Read my previous post about quantitative analysis as the $2.51 is going buy number which don't show the complete revenue picture.
So in summary, Morningstar is saying, just by looking at the numbers alone without knowing the products, pipeline, etc, they are saying the company is worth 80% more right now.
Yup, that is Morningstar saying it.
Who's Morningstar you might wonder.
Their stock trades for $6.5 billion.
"Morningstar's research and recommendations are considered by financial journalists as extremely influential in the asset-management industry, and a positive or negative recommendation from Morningstar analysts can drive billions of dollars into or away from any given fund.[3][4] Through its asset-management division, the firm currently manages over $200 billion as of March 31, 2019."
https://en.wikipedia.org/wiki/Morningstar,_Inc.
Read my previous post about quantitative analysis as the $2.51 is going buy number which don't show the complete revenue picture.
So in summary, Morningstar is saying, just by looking at the numbers alone without knowing the products, pipeline, etc, they are saying the company is worth 80% more right now.
Yup, that is Morningstar saying it.
Who's Morningstar you might wonder.
Their stock trades for $6.5 billion.
"Morningstar's research and recommendations are considered by financial journalists as extremely influential in the asset-management industry, and a positive or negative recommendation from Morningstar analysts can drive billions of dollars into or away from any given fund.[3][4] Through its asset-management division, the firm currently manages over $200 billion as of March 31, 2019."
https://en.wikipedia.org/wiki/Morningstar,_Inc.
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