Morningstar Inc. (MORN, Financial) recently saw a significant stock price increase of 5.10%, bringing the current price to $328.80 per share. Trading volume reached 68,404 shares with a turnover rate of 0.16% and a price fluctuation of 4.20%.
Recent financial reports reveal that Morningstar achieved a revenue of $571 million, with a net profit of $69.10 million and earnings per share (EPS) of $1.61. The company reported a gross profit of $299 million, resulting in a price-to-earnings (P/E) ratio of 57.48.
All three brokerage firms that rated Morningstar recommended buying the stock, with none advising holding or selling. Within the capital market sector, where Morningstar operates, the overall growth was 0.55%.
Comparable stocks with significant growth include Griid Infrastructure Inc and Robinhood Markets, Inc., while others like Tiger Brokers and Lion Group Holding showed high activity levels with turnover rates of 23.81%, 14.57%, and 13.71% respectively. Stocks with notable price fluctuations included Griid Infrastructure Inc, Bitcoin Depot Inc, and Tiger Brokers.
Morningstar is a provider of independent investment research for financial advisors, asset managers, and investors, focusing on data and research. The company offers extensive data on various investment types, including mutual funds and stocks, and delivers real-time market data on equities and derivatives. Its research division analyzes both passive and active mutual funds and other investment vehicles. The majority of Morningstar's revenue is generated in the United States.
