STC - Stewart Information Services: Series Of Acquisitions But Depleting Revenues A Concern
Summary
- Stewart Information Services' revenue grew 30% after ten years of stagnation due to acquisitions but saw a decline in revenue year-on-year with slow growth ahead.
- It has more than 10% market share in the title and related business but is still fourth amongst its significant peers, who hold nearly 75% of the market share.
- STC stock has performed poorly and has exhibited more company-specific risk during the last 15 months.
- Despite finding it undervalued, my current opinion on STC is a Hold.
For further details see:
Stewart Information Services: Series Of Acquisitions But Depleting Revenues A Concern