Shares of Verisk Analytics (NASDAQ:VRSK) have earned a consensus recommendation of “Buy” from the seventeen analysts that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation, nine have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $103.07.
VRSK has been the subject of several research reports. BidaskClub cut shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. ValuEngine upgraded shares of Verisk Analytics from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Zacks Investment Research upgraded shares of Verisk Analytics from a “hold” rating to a “buy” rating and set a $112.00 price objective for the company in a research note on Monday, February 26th. Credit Suisse Group reiterated a “neutral” rating and set a $106.00 price objective (up previously from $96.00) on shares of Verisk Analytics in a research note on Thursday, February 22nd. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $102.00 price objective (up previously from $100.00) on shares of Verisk Analytics in a research note on Thursday, February 22nd.
In other Verisk Analytics news, EVP Kenneth E. Thompson sold 60,569 shares of the company’s stock in a transaction that occurred on Tuesday, March 20th. The shares were sold at an average price of $105.15, for a total transaction of $6,368,830.35. Following the transaction, the executive vice president now owns 67,551 shares in the company, valued at approximately $7,102,987.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Lee Shavel purchased 399 shares of the business’s stock in a transaction on Monday, February 12th. The shares were bought at an average price of $94.05 per share, for a total transaction of $37,525.95. Following the purchase, the chief financial officer now directly owns 23,128 shares in the company, valued at approximately $2,175,188.40. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 1,110 shares of company stock worth $112,570 and have sold 401,642 shares worth $41,814,853. Corporate insiders own 3.19% of the company’s stock.
Institutional investors have recently modified their holdings of the business. Dupont Capital Management Corp acquired a new position in Verisk Analytics during the 4th quarter valued at approximately $112,000. Fusion Family Wealth LLC acquired a new position in Verisk Analytics during the 4th quarter valued at approximately $116,000. Virtue Capital Management LLC acquired a new position in Verisk Analytics during the 4th quarter valued at approximately $121,000. Calton & Associates Inc. acquired a new position in Verisk Analytics during the 4th quarter valued at approximately $183,000. Finally, IBM Retirement Fund acquired a new position in Verisk Analytics during the 4th quarter valued at approximately $219,000. Institutional investors and hedge funds own 92.41% of the company’s stock.
VRSK stock traded down $0.92 on Friday, hitting $105.42. The company had a trading volume of 738,240 shares, compared to its average volume of 790,291. Verisk Analytics has a 12-month low of $75.60 and a 12-month high of $106.93. 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 stock has a market capitalization of $17,560.66, a P/E ratio of 32.84, a P/E/G ratio of 2.44 and a beta of 0.67.
Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Tuesday, February 20th. The business services provider reported $1.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.56. Verisk Analytics had a net margin of 25.88% and a return on equity of 33.58%. The company had revenue of $570.30 million for the quarter, compared to analysts’ expectations of $557.09 million. During the same quarter last year, the company posted $0.80 earnings per share. The firm’s quarterly revenue was up 12.7% on a year-over-year basis. equities analysts predict that Verisk Analytics will post 3.97 earnings per share for the current year.
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Verisk Analytics Company Profile
Verisk Analytics, Inc provides data analytics solutions for customers in the insurance, energy, and financial markets in the United States and internationally. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.
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