Our Long-term Thesis Remains Intact After Wide-Moat Pacifico Reports 2Q Results
Best Idea and wide-moat Grupo Aeroportuario del Pacifico released second-quarter results that featured lower operating margins and higher passenger traffic. We're maintaining our MXN 217 fair value estimate for local shares but raising our fair value estimate on ADRs to $116 after the peso gained against the U.S. dollar. Over the year, more than 1 million additional terminal passengers (mostly domestic travelers) boosted total passenger traffic 11%. Pacifico’s Guadalajara airport picked up two n...
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.