Report
Jake Strole
EUR 101.80 For Business Accounts Only

Cantel's organic growth rate continues to slightly outpace our forecasts.

Narrow-moat Cantel Medical reported another strong quarter that we'd characterize as in line with or slightly better than our expectations. While the impressive headline earnings beat was predominantly driven by tax effects, operating income and EBTIDA fell squarely within our forecasts for the second quarter. We expect to raise our fair value estimate by a high-single-digit percentage as we incorporate the time value of money and the further deferral of the U.S. medical device tax. However, we ...
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Morningstar
Morningstar

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.

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Jake Strole

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