Verisk Analytics (NASDAQ:VRSK) had its target price boosted by SunTrust Banks to $120.00 in a research note issued to investors on Thursday, The Fly reports. SunTrust Banks also issued estimates for Verisk Analytics’ Q1 2019 earnings at $1.07 EPS, Q2 2019 earnings at $1.18 EPS, Q3 2019 earnings at $1.20 EPS, Q4 2019 earnings at $1.23 EPS, FY2019 earnings at $4.68 EPS and FY2020 earnings at $5.30 EPS.
VRSK has been the subject of several other research reports. Zacks Investment Research upgraded Verisk Analytics from a hold rating to a buy rating and set a $125.00 price target for the company in a report on Tuesday, July 17th. Robert W. Baird raised their price target on Verisk Analytics from $125.00 to $133.00 and gave the company an outperform rating in a report on Thursday. Keefe, Bruyette & Woods restated a buy rating and set a $115.00 price target on shares of Verisk Analytics in a report on Thursday, July 19th. Bank of America started coverage on Verisk Analytics in a report on Tuesday, October 23rd. They set a neutral rating and a $125.00 price target for the company. Finally, BidaskClub cut Verisk Analytics from a strong-buy rating to a buy rating in a report on Tuesday, July 31st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. Verisk Analytics currently has an average rating of Hold and a consensus target price of $110.38.
NASDAQ:VRSK opened at $115.55 on Thursday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.49 and a quick ratio of 0.43. Verisk Analytics has a 12-month low of $89.65 and a 12-month high of $122.80. The stock has a market cap of $19.02 billion, a P/E ratio of 36.00, a price-to-earnings-growth ratio of 2.34 and a beta of 0.58.
Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, October 30th. The business services provider reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.01. Verisk Analytics had a return on equity of 31.53% and a net margin of 27.94%. The firm had revenue of $598.70 million during the quarter, compared to analysts’ expectations of $596.79 million. During the same quarter last year, the business posted $0.84 earnings per share. The firm’s revenue was up 9.0% on a year-over-year basis. As a group, research analysts anticipate that Verisk Analytics will post 4.15 EPS for the current year.
In related news, Director Andrew G. Mills sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 19th. The stock was sold at an average price of $121.97, for a total transaction of $365,910.00. Following the completion of the sale, the director now directly owns 82,605 shares of the company’s stock, valued at approximately $10,075,331.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Vincent De P. Mccarthy sold 3,090 shares of the firm’s stock in a transaction that occurred on Monday, August 20th. The stock was sold at an average price of $117.43, for a total value of $362,858.70. Following the sale, the insider now directly owns 37,127 shares of the company’s stock, valued at $4,359,823.61. The disclosure for this sale can be found here. Over the last three months, insiders have purchased 945 shares of company stock valued at $112,226 and have sold 358,425 shares valued at $42,176,878. 3.19% of the stock is currently owned by company insiders.
Several hedge funds have recently modified their holdings of the stock. FMR LLC raised its position in Verisk Analytics by 3.8% during the 2nd quarter. FMR LLC now owns 12,029 shares of the business services provider’s stock valued at $1,295,000 after purchasing an additional 437 shares in the last quarter. World Asset Management Inc raised its position in Verisk Analytics by 4.9% during the 2nd quarter. World Asset Management Inc now owns 10,688 shares of the business services provider’s stock valued at $1,150,000 after purchasing an additional 495 shares in the last quarter. Louisiana State Employees Retirement System raised its position in Verisk Analytics by 5.5% during the 3rd quarter. Louisiana State Employees Retirement System now owns 9,600 shares of the business services provider’s stock valued at $1,157,000 after purchasing an additional 500 shares in the last quarter. Janney Montgomery Scott LLC raised its position in Verisk Analytics by 6.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 9,074 shares of the business services provider’s stock valued at $977,000 after purchasing an additional 585 shares in the last quarter. Finally, DnB Asset Management AS raised its position in Verisk Analytics by 3.5% during the 2nd quarter. DnB Asset Management AS now owns 20,951 shares of the business services provider’s stock valued at $2,255,000 after purchasing an additional 700 shares in the last quarter. 92.55% of the stock is owned by hedge funds and other institutional investors.
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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