Since then, the volume of Morningstar equity research available through PitchBook has more than doubled—from 130,00 thematic and company-specific reports to nearly 300,000. And new in-platform collaboration features make it easier than ever to save, share, download and make notes on any equity research with relevance to your work.
As a reintroduction to PitchBook’s equity research offerings, let’s take a look at what equity research is, the types of equity research available through the platform and how to access it. Plus, we introduce the Chicago-based Morningstar Institutional Equity Research team and their differentiated approach.
What is equity research?
Equity research can take the form of financial analyses, recommendations and other reporting on public and private investment opportunities. The main purpose of equity research is to enable interested firms and professionals to stay well-informed of rapidly evolving industries and cross-market trends that may impact investment strategies. Equity research is compiled by experts who tackle data interpretation, develop investment models and more.
About Morningstar’s equity research
PitchBook clients have access to client-specific equity research reports from Morningstar, as well as eight types of thematic research that spans 1,500 equities. The thematic research reports include:
- Market Outlook: A fundamental, forward-looking commentary of 11 sectors, including basic materials, communication services, consumer cyclical, consumer defensive, energy, financial services, healthcare, industrials, real estate, technology and energy & utilities.
- Sector Updates: Quarterly reports that provide a succinct overview of notable market trends and accentuate high conviction investment ideas occurring across 11 sectors covered by Morningstar’s equity research analysts.
- Observer: A closer look at industries, companies and emerging trends with actionable investment ideas. These reports are designed to address and tackle the larger issues that will drive long-term company valuations and assist clients in their own valuation process.
- Select Presentation: Deep dives into industries, companies, and/or emerging trends.
- Equity Best Ideas: A compilation of stock ideas looking across sectors, industries and geographies.
- Stock Picker: Authors evaluate holdings of 26 investment managers to identify trends and outliers among their holdings, as well as any meaningful purchases or sales that took place during the period under examination.
- Canadian Research Update: Monthly report that provides a bottom-up perspective on the most important trends and factors influencing equity investments for each of the 11 Morningstar sectors that are listed on Canadian exchanges.
- Moat Framework: An extensive collection of articles that provides readers with conceptual explanations of key moat components and drivers in approximately 70 industries.
How to access equity research with PitchBook
As the public and private equity markets continue to evolve and expand, access to timely and relevant data is imperative for sound decision-making. PitchBook’s robust Research Center is the destination for thematic and company-specific equity research from Morningstar, as well as PitchBook’s own stellar research coverage of PE, VC and M&A.
By navigating to the Research Center from PitchBook’s main menu, customers have instant access to hundreds of thousands of PitchBook and Morningstar reports. See the latest research—spanning private market, emerging tech, public market thematic and COVID-19—from the overview page. Toggle between the PitchBook and Morningstar tabs for more exhaustive lists, plus quickly sort and filter, download research and add specific reports to your Workspaces.
About the Morningstar Institutional Equity Research team
Morningstar is a global leader in independent investment research. Their institutional equity research team consists of 100+ experts who provide an unmatched breadth of valuations, ratings and analysis on thousands of companies and industry groups worldwide. Morningstar analysts apply a consistent, forward-thinking methodology that is differentiated by its:
- Focus on sustainable competitive advantages (moats)
- Independent and unbiased viewpoint
- Rigorous DCF-based valuations
- Long-term orientation
- Consistency across its global coverage universe
Both independent and unbiased, the team’s approach to equity research unlocks key insights for investors—and it is all at your fingertips as a PitchBook client.