Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) have been assigned a consensus rating of “Hold” from the thirteen ratings firms that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $154.44.
A number of research firms have recently weighed in on VRSK. BidaskClub upgraded shares of Verisk Analytics from a “strong sell” rating to a “sell” rating in a report on Saturday, November 23rd. William Blair reaffirmed an “outperform” rating on shares of Verisk Analytics in a research note on Thursday, October 31st. Jefferies Financial Group initiated coverage on shares of Verisk Analytics in a report on Wednesday, November 27th. They issued a “buy” rating and a $174.00 price objective for the company. Keefe, Bruyette & Woods began coverage on shares of Verisk Analytics in a research report on Monday, September 23rd. They set a “market perform” rating and a $166.00 target price on the stock. Finally, ValuEngine lowered Verisk Analytics from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd.
In other news, CAO David J. Grover sold 6,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $145.62, for a total value of $873,720.00. Following the sale, the chief accounting officer now directly owns 12,931 shares of the company’s stock, valued at $1,883,012.22. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Vincent De P. Mccarthy sold 3,591 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $147.56, for a total value of $529,887.96. Following the completion of the sale, the vice president now directly owns 36,033 shares in the company, valued at $5,317,029.48. The disclosure for this sale can be found here. In the last three months, insiders sold 105,826 shares of company stock worth $15,822,430. Insiders own 2.71% of the company’s stock.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Doliver Advisors LP raised its stake in Verisk Analytics by 1.3% during the 3rd quarter. Doliver Advisors LP now owns 5,945 shares of the business services provider’s stock valued at $928,000 after purchasing an additional 76 shares during the last quarter. First Allied Advisory Services Inc. increased its holdings in shares of Verisk Analytics by 1.2% during the 2nd quarter. First Allied Advisory Services Inc. now owns 7,133 shares of the business services provider’s stock worth $1,045,000 after purchasing an additional 82 shares during the period. Neuburgh Advisers LLC raised its position in shares of Verisk Analytics by 1.7% during the second quarter. Neuburgh Advisers LLC now owns 5,824 shares of the business services provider’s stock valued at $853,000 after buying an additional 96 shares during the last quarter. State of Michigan Retirement System raised its position in shares of Verisk Analytics by 0.3% during the third quarter. State of Michigan Retirement System now owns 39,316 shares of the business services provider’s stock valued at $6,217,000 after buying an additional 100 shares during the last quarter. Finally, Securian Asset Management Inc raised its position in shares of Verisk Analytics by 0.6% during the second quarter. Securian Asset Management Inc now owns 17,109 shares of the business services provider’s stock valued at $2,506,000 after buying an additional 103 shares during the last quarter. 90.13% of the stock is owned by institutional investors and hedge funds.
NASDAQ:VRSK opened at $146.82 on Friday. The company has a market capitalization of $24.06 billion, a P/E ratio of 35.72, a P/E/G ratio of 3.19 and a beta of 0.69. The stock’s 50 day moving average price is $145.70 and its 200 day moving average price is $150.50. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.85 and a current ratio of 0.85. Verisk Analytics has a 52 week low of $102.74 and a 52 week high of $164.97.
Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Tuesday, October 29th. The business services provider reported $1.12 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.13 by ($0.01). The business had revenue of $652.70 million during the quarter, compared to analyst estimates of $650.34 million. Verisk Analytics had a net margin of 18.23% and a return on equity of 33.57%. Verisk Analytics’s revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.08 earnings per share. As a group, sell-side analysts forecast that Verisk Analytics will post 4.38 earnings per share for the current fiscal year.
The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, December 12th. Verisk Analytics’s dividend payout ratio (DPR) is presently 24.33%.
About Verisk Analytics
Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.
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