Amdocs Continues to Post Strong Top Line Growth; Shares Overvalued after Raising FVE to $55
Amdocs posted solid second-quarter results that track closely with our expectations, as total revenue grew 4% year over year. The firm continues to score major contract wins and deploy network transformation projects around the globe, particularly in North America. Aside from maintaining our narrow moat rating, we are turning more positive on the firm’s growth prospects in North America. Despite pending M&A rumors, we now expect the firm to face robust demand from cable companies to moderniz...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.