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Stock Charts AI Power Rank: 9.4
Power Rank trend -> Rising
07/26/2024 16:00:00 EST
Morningstar Inc (MORN)
Industry: Financial Data & Stock Exchanges
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, MORN has been trading in a range between $313.35 and $295.45 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
MORN is breaking above top of the recent 20 day range at $315.06 and appears that it could have some more upside. If it enters a yellow zone the trend may be faltering - consider exiting or taking profits. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Morningstar Inc $MORN entered a Green zone 24 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $230, a potential down side of -29.51% from the recent price of 326.31. The stock is trading 1.2% (potential upside) below its 52 week high of $330.22 and 53.82 % (potential downside) above its 52 week low of $212.14 - based on the recent price.
Company Summary
Morningstar, Inc provides independent investment insights in the United States, Asia. Australia, Continental Europe, the United Kingdom, and internationally.
News
| Morningstar, Inc. Reports Second-Quarter 2024 Financial Results CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, posted double-digit second-quarter revenue growth while expanding operating margins. “Led by Morningstar Credit's strength across regions and asset classes, we finished the first half of 2024 on a high note,” said Kunal Kapoor, Morningstar's chief executive officer. “We remain focused on durable growth in adjusted operating income. Our teams are delivering product enhancements to c. Source: Business Wire Wed, 24 Jul 2024 16:15:00 -0400 Sentiment: Neutral |
| Morningstar, Inc. to Announce Second-Quarter 2024 Financial Results on July 24 CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), plans to report its second-quarter 2024 financial results after the market closes on Wednesday, July 24, 2024. The company does not hold analyst conference calls; however, investors may submit written questions to Morningstar at investors@morningstar.com. About Morningstar, Inc. Morningstar, Inc. is a leading provider of independent investment insights in North America, Europe, Australia, and Asia. The Company offers an extensive line. Source: Business Wire Mon, 24 Jun 2024 16:15:00 -0400 Sentiment: Neutral |
| Morningstar, Inc. Declares Quarterly Dividend of 40.5 Cents Per Share CHICAGO--(BUSINESS WIRE)--The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today declared a quarterly dividend of 40.5 cents per share, consistent with the dividend paid in April. The dividend is payable July 31, 2024, to shareholders of record as of July 12, 2024. Please contact investors@morningstar.com with any questions. About Morningstar, Inc. Morningstar, Inc. is a leading provider of independent investment insights in Nort. Source: Business Wire Tue, 18 Jun 2024 16:15:00 -0400 Sentiment: Neutral |
| Subscription Model Drives Record Customer Advocacy and Satisfaction Rates for eDreams ODIGEO BARCELONA, Spain--(BUSINESS WIRE)--eDreams ODIGEO (‘The Company'), the world's leading travel subscription platform and one of Europe's largest e-commerce businesses, today announced that it has achieved record customer advocacy and satisfaction levels following the pivot to a subscription-led model. This is supported by millions of data points, including customer related KPIs1 that are included in the Company's Non-financial Statement that is independently verified by external auditors, ensuri. Source: Business Wire Tue, 18 Jun 2024 05:07:00 -0400 Sentiment: Neutral |
| Morningstar Sustainalytics Introduces Significant Enhancements to its ESG Risk Ratings CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announces significant enhancements to Morningstar Sustainalytics flagship ESG Risk Ratings, covering more than 16,000 companies globally. The corporate governance methodology enhancements were implemented on May 30 and stronger material ESG risk measures will be implemented in the coming months. Laura Lutton – Director of ESG Product Management, Morningstar Sustainalytics “Ou. Source: Business Wire Wed, 12 Jun 2024 02:00:00 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 330.22 52 Week Low: 212.1415 Beta: 1.175 50 Day MA: 297.2522 200 Day MA: 284.8755 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.905 Qtr Revenue Growth YOY: 0.133 Forward PE: 0 Trailing PE: 56.5096