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Morningstar sees long-term benefits for Australia's Collins Foods

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** Analysts at Morningstar expect Collins Foods' CKF.AX margins will improve in the longer term as cost of living pressure abates and menu prices catch up

** Brokerage retains fair value estimate of A$14.40/shr

** Morningstar says co's underlying EPS of A$0.51 for FY2024 missed estimates of A$0.55

** We think KFC Australia will keep defending its value perception by keeping prices low in fiscal 2025 - brokerage

** Five of 10 analysts covering the stock rate "buy" or higher, one rates "sell" and four rate "hold" - LSEG data

** Stock has fallen 15.5% YTD, as of last close

Reporting by Shivangi Lahiri in Bengaluru


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