Reading a Stock Analyst Report
Morningstar Rating for Stocks
The Morningstar Rating for stocks can help investors uncover stocks that are truly undervalued, cutting through the market noise.
- A stock’s current price.
- Morningstar’s estimate of the stock’s fair value.
- And the uncertainty rating of the fair value.
Morningstar’s quantitative equity rating, noted with a superscript , is forward-looking and generated by a statistical model.
Morningstar Economic Moat Rating
The Morningstar Economic Moat Rating represents a company’s sustainable competitive advantage. Morningstar has identified five sources of economic moats: intangible assets, switching costs, network effect, cost advantage, and efficient scale.
Morningstar Fair Value Estimate
The Morningstar Fair Value Estimate guides investors to the long-term, intrinsic value of a stock, helping them see beyond the present market price.