Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) have earned a consensus recommendation of “Buy” from the fifteen research firms that are covering the company, Marketbeat reports. Eight analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $105.08.
A number of research firms have recently issued reports on VRSK. Morgan Stanley restated a “hold” rating and issued a $119.00 price target (up from $113.00) on shares of Verisk Analytics in a research note on Thursday. BidaskClub raised Verisk Analytics from a “buy” rating to a “strong-buy” rating in a report on Wednesday, September 5th. Keefe, Bruyette & Woods cut Verisk Analytics from an “outperform” rating to a “market perform” rating and set a $90.00 target price on the stock. in a report on Thursday, August 2nd. SunTrust Banks reaffirmed a “hold” rating and issued a $109.00 target price on shares of Verisk Analytics in a report on Wednesday, August 1st. Finally, Zacks Investment Research raised Verisk Analytics from a “hold” rating to a “buy” rating and set a $125.00 target price on the stock in a report on Tuesday, July 17th.
Shares of VRSK stock traded down $0.70 on Wednesday, reaching $120.93. The stock had a trading volume of 5,167 shares, compared to its average volume of 587,932. The company has a market cap of $20.01 billion, a P/E ratio of 37.73, a price-to-earnings-growth ratio of 2.30 and a beta of 0.66. Verisk Analytics has a 1 year low of $80.53 and a 1 year high of $122.80. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.43 and a quick ratio of 0.43.
Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Tuesday, July 31st. The business services provider reported $1.06 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.01 by $0.05. The firm had revenue of $601.30 million for the quarter, compared to the consensus estimate of $586.22 million. Verisk Analytics had a return on equity of 31.35% and a net margin of 26.58%. analysts expect that Verisk Analytics will post 4.16 earnings per share for the current year.
In other Verisk Analytics news, insider David J. Grover sold 9,500 shares of the firm’s stock in a transaction dated Wednesday, September 12th. The stock was sold at an average price of $121.50, for a total transaction of $1,154,250.00. Following the sale, the insider now directly owns 16,569 shares of the company’s stock, valued at $2,013,133.50. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Vincent De P. Mccarthy sold 3,090 shares of the firm’s stock in a transaction dated Wednesday, July 18th. The shares were sold at an average price of $112.20, for a total value of $346,698.00. Following the sale, the senior vice president now directly owns 37,127 shares in the company, valued at $4,165,649.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 575,330 shares of company stock worth $65,607,410. Insiders own 3.19% of the company’s stock.
A number of large investors have recently bought and sold shares of the business. FMR LLC increased its holdings in shares of Verisk Analytics by 3.8% in the second quarter. FMR LLC now owns 12,029 shares of the business services provider’s stock worth $1,295,000 after purchasing an additional 437 shares during the last quarter. Norinchukin Bank The grew its position in Verisk Analytics by 0.3% in the first quarter. Norinchukin Bank The now owns 174,536 shares of the business services provider’s stock worth $18,152,000 after acquiring an additional 489 shares in the last quarter. World Asset Management Inc grew its position in Verisk Analytics by 4.9% in the second quarter. World Asset Management Inc now owns 10,688 shares of the business services provider’s stock worth $1,150,000 after acquiring an additional 495 shares in the last quarter. Janney Montgomery Scott LLC grew its position in Verisk Analytics by 6.9% in the second quarter. Janney Montgomery Scott LLC now owns 9,074 shares of the business services provider’s stock worth $977,000 after acquiring an additional 585 shares in the last quarter. Finally, DnB Asset Management AS grew its position in Verisk Analytics by 3.5% in the second quarter. DnB Asset Management AS now owns 20,951 shares of the business services provider’s stock worth $2,255,000 after acquiring an additional 700 shares in the last quarter. 92.32% of the stock is currently owned by institutional investors and hedge funds.
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.
See Also: How Do Tariffs Affect Trade Balances?
Receive News & Ratings for Verisk Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics and related companies with MarketBeat.com's FREE daily email newsletter.