Verisk Analytics, Inc. (NASDAQ:VRSK) – Research analysts at William Blair upped their FY2019 EPS estimates for Verisk Analytics in a research report issued on Wednesday, October 31st. William Blair analyst T. Mchugh now forecasts that the business services provider will post earnings per share of $4.39 for the year, up from their prior forecast of $4.38.
Other equities research analysts also recently issued research reports about the stock. Zacks Investment Research raised shares of Verisk Analytics from a “hold” rating to a “buy” rating and set a $125.00 target price for the company in a research report on Tuesday, July 17th. Robert W. Baird boosted their target price on shares of Verisk Analytics from $125.00 to $133.00 and gave the stock an “outperform” rating in a research report on Thursday. SunTrust Banks boosted their target price on shares of Verisk Analytics to $120.00 in a research report on Thursday. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $115.00 target price on shares of Verisk Analytics in a research report on Thursday, July 19th. Finally, Bank of America initiated coverage on shares of Verisk Analytics in a research report on Tuesday, October 23rd. They issued a “neutral” rating and a $125.00 target price for the company. One analyst has rated the stock with a sell rating, eight have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $110.38.
Shares of VRSK stock opened at $115.55 on Friday. Verisk Analytics has a 12 month low of $89.65 and a 12 month high of $122.80. The company has a current ratio of 0.49, a quick ratio of 0.43 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $19.02 billion, a price-to-earnings ratio of 29.70, a PEG ratio of 2.34 and a beta of 0.58.
Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Tuesday, October 30th. The business services provider reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.01. Verisk Analytics had a net margin of 27.94% and a return on equity of 31.53%. The firm had revenue of $598.70 million for the quarter, compared to analyst estimates of $596.79 million. During the same quarter in the previous year, the business posted $0.84 EPS. The firm’s revenue was up 9.0% compared to the same quarter last year.
Several large investors have recently made changes to their positions in VRSK. TRUE Private Wealth Advisors bought a new stake in shares of Verisk Analytics during the 3rd quarter valued at about $110,000. Financial Architects Inc bought a new stake in shares of Verisk Analytics during the 3rd quarter valued at about $113,000. Fort L.P. bought a new stake in shares of Verisk Analytics during the 2nd quarter valued at about $121,000. Harvest Fund Management Co. Ltd bought a new stake in shares of Verisk Analytics during the 3rd quarter valued at about $139,000. Finally, NuWave Investment Management LLC grew its position in shares of Verisk Analytics by 458.2% during the 3rd quarter. NuWave Investment Management LLC now owns 1,189 shares of the business services provider’s stock valued at $143,000 after buying an additional 976 shares during the last quarter. 92.55% of the stock is owned by institutional investors and hedge funds.
In other Verisk Analytics news, CFO Lee Shavel acquired 312 shares of the stock in a transaction that occurred on Wednesday, September 19th. The stock was acquired at an average price of $119.82 per share, with a total value of $37,383.84. Following the transaction, the chief financial officer now directly owns 29,110 shares in the company, valued at $3,487,960.20. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Scott G. Stephenson sold 18,867 shares of the business’s stock in a transaction dated Thursday, November 1st. The shares were sold at an average price of $118.45, for a total transaction of $2,234,796.15. Following the sale, the chief executive officer now directly owns 821,261 shares of the company’s stock, valued at approximately $97,278,365.45. The disclosure for this sale can be found here. In the last three months, insiders bought 945 shares of company stock valued at $112,226 and sold 358,425 shares valued at $42,176,878. 3.19% of the stock is currently owned by insiders.
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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