A P Moller Maersk AS Class B
MAERSK B: XCSE (DNK)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$l@x | LOCK|$xv | LOCK|&^FQtWF |
Maersk Earnings: Weak Performance Hits Share Price, but Stock Remains Overvalued
Management raised EBITDA guidance to $14.0-$14.5 billion from $10.5-$12.5 billion, an increase that we believe the market has already priced in. Instead, investors were surprised by relatively weak third-quarter results, sending shares down 8% in early trading.
