Report
Zain Akbari, CFA
EUR 101.80 For Business Accounts Only

Despite Slightly Soft Guidance for Fiscal 2018, Our Long-Term View Is Intact for IHS Markit

While its fiscal 2018 guidance is somewhat below our expectations, we do not anticipate significantly altering our $44 per share fair value valuation for wide-moat IHS Markit. The company also announced fiscal 2017 expectations that were not far from our targets.
In fiscal 2017, management expects revenue slightly above its earlier-announced $3.50 billion-$3.57 billion range (including aMM), adjusted EBITDA around the middle of its $1.375 billion-$1.40 billion estimate, and adjusted EPS at the m...
Underlying
IHS Markit Ltd.

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
Zain Akbari, CFA

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