Verisk Analytics (NASDAQ:VRSK) released its quarterly earnings results on Monday. The business services provider reported $1.34 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.56, Bloomberg Earnings reports. The company had revenue of $570.30 million during the quarter, compared to analyst estimates of $557.09 million. Verisk Analytics had a return on equity of 36.91% and a net margin of 22.09%. The firm’s revenue was up 12.7% on a year-over-year basis. During the same quarter last year, the business posted $0.80 earnings per share.
Shares of Verisk Analytics (VRSK) traded down $1.75 during trading hours on Tuesday, hitting $97.04. The company’s stock had a trading volume of 1,465,838 shares, compared to its average volume of 969,004. Verisk Analytics has a fifty-two week low of $75.60 and a fifty-two week high of $100.54. The stock has a market capitalization of $16,269.91, a price-to-earnings ratio of 36.32, a PEG ratio of 2.51 and a beta of 0.76. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 1.36.
Several research analysts recently commented on VRSK shares. Cantor Fitzgerald reiterated a “buy” rating and issued a $108.00 price target on shares of Verisk Analytics in a research report on Friday, December 8th. Keefe, Bruyette & Woods set a $101.00 price target on Verisk Analytics and gave the stock a “buy” rating in a research report on Friday, December 1st. Robert W. Baird reiterated a “buy” rating on shares of Verisk Analytics in a research report on Wednesday, November 1st. BidaskClub lowered Verisk Analytics from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 4th. Finally, Zacks Investment Research upgraded Verisk Analytics from a “hold” rating to a “buy” rating and set a $107.00 price target for the company in a research report on Saturday, January 6th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. Verisk Analytics has a consensus rating of “Hold” and an average target price of $96.85.
In other Verisk Analytics news, CFO Lee Shavel bought 399 shares of the company’s stock in a transaction on Monday, February 12th. The stock was acquired at an average price of $94.05 per share, for a total transaction of $37,525.95. Following the completion of the transaction, the chief financial officer now directly owns 23,128 shares of the company’s stock, valued at $2,175,188.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Andrew G. Mills sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 20th. The shares were sold at an average price of $96.38, for a total value of $289,140.00. Following the transaction, the director now owns 96,525 shares of the company’s stock, valued at approximately $9,303,079.50. The disclosure for this sale can be found here. In the last 90 days, insiders have acquired 1,177 shares of company stock valued at $112,591 and have sold 28,526 shares valued at $2,709,268. 3.41% of the stock is owned by insiders.
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About Verisk Analytics
Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate.
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