Report
Jim Sinegal
EUR 101.80 For Business Accounts Only

Steady Growth Continues as Vantiv Prepares to Integrate Worldpay

We are maintaining our $67 fair value estimate for narrow-moat Vantiv following the release of the company's third-quarter earnings. Vantiv continued to benefit from the growth of the electronic payment market, with both total and net revenue increasing 13% over the past 12 months, as faster growth in merchant services was offset by the loss of a client in the firm’s financial institution services business. 
Within the merchant services segment, growth through new distribution channels was part...
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
Jim Sinegal

Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch