Report
Andrew Lange
EUR 101.80 For Business Accounts Only

CSRA Performs Well in 3Q; Secures New Wins and Raises Guidance; Shares Fairly Valued

CSRA performed well during its third fiscal quarter. The firm managed to secure some notable contract wins during the period and continues to see healthy bookings, with its third-quarter book/bill standing at 1.3 times. In fact, on a trailing 12-month basis, CSRA’s book/bill was an impressive 1.7 times and totaled $8.8 billion. With the company performing well to date, management decided to raise its full-year guidance. At the midpoint, the guidance implies a revenue increase of $75 million ($5....
Provider
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.

Analysts
Andrew Lange

Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch