Verisk Analytics, Inc. (NASDAQ:VRSK) has earned an average recommendation of “Buy” from the sixteen research firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $104.36.
A number of equities research analysts have weighed in on VRSK shares. BidaskClub upgraded Verisk Analytics from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 1st. Zacks Investment Research downgraded Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Tuesday, May 1st. ValuEngine upgraded Verisk Analytics from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. Finally, BMO Capital Markets cut their target price on Verisk Analytics from $108.00 to $105.00 and set a “market perform” rating for the company in a research report on Thursday, May 3rd.
In other Verisk Analytics news, Director Andrew G. Mills sold 3,000 shares of the company’s stock in a transaction on Monday, May 21st. The stock was sold at an average price of $106.42, for a total value of $319,260.00. Following the transaction, the director now owns 87,525 shares of the company’s stock, valued at $9,314,410.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Vincent De P. Mccarthy sold 3,090 shares of the company’s stock in a transaction on Monday, June 18th. The shares were sold at an average price of $109.12, for a total value of $337,180.80. Following the completion of the transaction, the senior vice president now directly owns 37,127 shares in the company, valued at approximately $4,051,298.24. The disclosure for this sale can be found here. In the last ninety days, insiders acquired 1,058 shares of company stock worth $113,251 and sold 226,397 shares worth $24,232,864. 3.19% of the stock is currently owned by corporate insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of VRSK. Ostrum Asset Management acquired a new stake in Verisk Analytics during the 1st quarter valued at $100,000. Virtue Capital Management LLC acquired a new stake in Verisk Analytics during the 4th quarter valued at $121,000. C M Bidwell & Associates Ltd. acquired a new stake in Verisk Analytics during the 1st quarter valued at $145,000. Summit Trail Advisors LLC raised its stake in Verisk Analytics by 7,839.7% during the 1st quarter. Summit Trail Advisors LLC now owns 176,182 shares of the business services provider’s stock valued at $176,000 after purchasing an additional 173,963 shares during the period. Finally, Psagot Investment House Ltd. acquired a new stake in Verisk Analytics during the 1st quarter valued at $198,000. 91.31% of the stock is currently owned by institutional investors.
Shares of NASDAQ VRSK traded up $1.20 during midday trading on Friday, hitting $107.64. 658,700 shares of the company’s stock were exchanged, compared to its average volume of 906,420. The company has a market cap of $17.53 billion, a PE ratio of 33.53, a P/E/G ratio of 2.06 and a beta of 0.68. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.93. Verisk Analytics has a twelve month low of $78.97 and a twelve month high of $110.32.
Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, May 1st. The business services provider reported $0.94 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.94. The firm had revenue of $581.00 million during the quarter, compared to the consensus estimate of $565.41 million. Verisk Analytics had a return on equity of 31.75% and a net margin of 26.05%. The firm’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.74 earnings per share. sell-side analysts forecast that Verisk Analytics will post 4.1 earnings per share for the current fiscal year.
About Verisk Analytics
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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