Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) have been assigned an average recommendation of “Hold” from the fourteen brokerages that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $84.60.
Several analysts have recently weighed in on VRSK shares. Cantor Fitzgerald reiterated a “buy” rating and set a $92.00 target price on shares of Verisk Analytics in a research report on Tuesday, May 2nd. Morgan Stanley reiterated an “equal weight” rating and set a $82.00 target price (down from $83.00) on shares of Verisk Analytics in a research report on Tuesday, July 18th. SunTrust Banks, Inc. lowered shares of Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 target price on the stock. in a research report on Thursday, August 3rd. Royal Bank Of Canada reiterated a “hold” rating on shares of Verisk Analytics in a research report on Friday, August 4th. Finally, Zacks Investment Research upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Thursday, July 13th.
In other Verisk Analytics news, Director John F. Lehman sold 8,247 shares of the stock in a transaction on Tuesday, May 16th. The shares were sold at an average price of $78.72, for a total value of $649,203.84. Following the completion of the sale, the director now owns 115,073 shares in the company, valued at $9,058,546.56. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director David B. Wright sold 15,000 shares of the stock in a transaction dated Thursday, June 8th. The shares were sold at an average price of $80.32, for a total transaction of $1,204,800.00. Following the completion of the transaction, the director now directly owns 22,025 shares in the company, valued at $1,769,048. The disclosure for this sale can be found here. Insiders have sold 27,551 shares of company stock valued at $2,211,942 in the last 90 days. 3.41% of the stock is currently owned by corporate insiders.
A number of institutional investors have recently added to or reduced their stakes in VRSK. Candriam Luxembourg S.C.A. raised its position in Verisk Analytics by 14.1% in the first quarter. Candriam Luxembourg S.C.A. now owns 9,023 shares of the business services provider’s stock worth $732,000 after buying an additional 1,118 shares in the last quarter. Kentucky Retirement Systems acquired a new position in Verisk Analytics during the fourth quarter worth approximately $917,000. Sandia Holdings LLC raised its position in Verisk Analytics by 12.7% in the first quarter. Sandia Holdings LLC now owns 167,073 shares of the business services provider’s stock worth $13,556,000 after buying an additional 18,773 shares in the last quarter. Prudential Financial Inc. raised its position in Verisk Analytics by 0.6% in the first quarter. Prudential Financial Inc. now owns 216,456 shares of the business services provider’s stock worth $17,563,000 after buying an additional 1,370 shares in the last quarter. Finally, Morgan Stanley raised its position in Verisk Analytics by 3.7% in the first quarter. Morgan Stanley now owns 3,787,126 shares of the business services provider’s stock worth $307,286,000 after buying an additional 136,729 shares in the last quarter. 93.14% of the stock is currently owned by institutional investors and hedge funds.
Shares of Verisk Analytics (NASDAQ VRSK) traded up 0.05% during trading on Friday, reaching $80.62. The company’s stock had a trading volume of 551,070 shares. Verisk Analytics has a 52 week low of $75.60 and a 52 week high of $88.17. The company has a 50 day moving average price of $84.37 and a 200 day moving average price of $82.13. The firm has a market capitalization of $13.27 billion, a P/E ratio of 29.31 and a beta of 0.66.
Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Tuesday, August 1st. The business services provider reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.05. Verisk Analytics had a net margin of 22.99% and a return on equity of 38.43%. The business had revenue of $523.20 million for the quarter, compared to analyst estimates of $519.67 million. During the same period in the previous year, the business earned $0.73 EPS. The firm’s revenue was up 5.0% on a year-over-year basis. On average, equities research analysts expect that Verisk Analytics will post $3.14 EPS for the current fiscal year.
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Verisk Analytics Company Profile
Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate.
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