Verisk Analytics, Inc. (NASDAQ:VRSK) – Research analysts at William Blair boosted their Q1 2018 earnings estimates for shares of Verisk Analytics in a research report issued on Wednesday. William Blair analyst T. Mchugh now anticipates that the business services provider will earn $0.94 per share for the quarter, up from their previous forecast of $0.83. William Blair also issued estimates for Verisk Analytics’ Q2 2018 earnings at $0.98 EPS, Q3 2018 earnings at $1.01 EPS, Q4 2018 earnings at $1.05 EPS, Q1 2019 earnings at $1.01 EPS, Q2 2019 earnings at $1.00 EPS, Q3 2019 earnings at $1.09 EPS and Q4 2019 earnings at $1.14 EPS.
Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Tuesday, February 20th. The business services provider reported $1.34 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.56. The business had revenue of $570.30 million during the quarter, compared to analysts’ expectations of $557.09 million. Verisk Analytics had a net margin of 25.88% and a return on equity of 33.58%. The firm’s revenue for the quarter was up 12.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.80 EPS.
Several other research firms have also recently commented on VRSK. SunTrust Banks reaffirmed a “hold” rating and issued a $85.00 target price on shares of Verisk Analytics in a research report on Wednesday, November 1st. Robert W. Baird raised their target price on shares of Verisk Analytics from $109.00 to $115.00 and gave the stock an “outperform” rating in a research report on Thursday. Royal Bank of Canada raised their target price on shares of Verisk Analytics to $100.00 and gave the stock a “sector perform” rating in a research report on Friday, January 19th. They noted that the move was a valuation call. BidaskClub cut shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. Finally, Wells Fargo & Co reaffirmed an “outperform” rating and issued a $115.00 target price (up from $105.00) on shares of Verisk Analytics in a research report on Thursday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $102.33.
Shares of Verisk Analytics (NASDAQ:VRSK) opened at $99.61 on Friday. Verisk Analytics has a 12-month low of $75.60 and a 12-month high of $102.00. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 1.19. The firm has a market cap of $16,375.00, a price-to-earnings ratio of 30.91, a price-to-earnings-growth ratio of 2.53 and a beta of 0.76.
A number of large investors have recently added to or reduced their stakes in the business. Global X MANAGEMENT CO LLC grew its stake in shares of Verisk Analytics by 13.5% in the third quarter. Global X MANAGEMENT CO LLC now owns 4,885 shares of the business services provider’s stock worth $406,000 after acquiring an additional 580 shares during the period. New Mexico Educational Retirement Board grew its stake in shares of Verisk Analytics by 4.2% in the fourth quarter. New Mexico Educational Retirement Board now owns 14,900 shares of the business services provider’s stock worth $1,430,000 after acquiring an additional 600 shares during the period. Ladenburg Thalmann Financial Services Inc. grew its stake in shares of Verisk Analytics by 6.9% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 9,589 shares of the business services provider’s stock worth $920,000 after acquiring an additional 620 shares during the period. Middleton & Co Inc MA grew its stake in shares of Verisk Analytics by 0.7% in the third quarter. Middleton & Co Inc MA now owns 85,513 shares of the business services provider’s stock worth $7,114,000 after acquiring an additional 629 shares during the period. Finally, HPM Partners LLC grew its stake in shares of Verisk Analytics by 18.9% in the fourth quarter. HPM Partners LLC now owns 4,119 shares of the business services provider’s stock worth $395,000 after acquiring an additional 655 shares during the period. Institutional investors and hedge funds own 92.89% of the company’s stock.
In other Verisk Analytics news, Director David B. Wright sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $94.60, for a total transaction of $1,419,000.00. Following the completion of the sale, the director now directly owns 8,951 shares in the company, valued at approximately $846,764.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Andrew G. Mills sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $96.38, for a total transaction of $289,140.00. Following the sale, the director now owns 96,525 shares of the company’s stock, valued at $9,303,079.50. The disclosure for this sale can be found here. Over the last quarter, insiders purchased 1,177 shares of company stock valued at $112,591 and sold 31,526 shares valued at $3,009,268. 3.41% of the stock is owned by company 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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