Fresenius SE & Co KGaA Registered Shares
FRE: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?@ | LOCK|XS<<L | LOCK|n>WDLp |
Fresenius SE Earnings: Rising Medical Utilization, Operating Controls Boosting 2024 Outlook and FVE
Narrow-moat Fresenius SE turned in strong third-quarter results helped by rising medical utilization, and management increased its 2024 outlook ranges. To account for recent cash flow generated and higher near-term expectations, we are increasing our fair value estimate to EUR 53 from EUR 50 previously, and we think this operating momentum is promising for the firm's undervalued shares.
