Cantor Fitzgerald Reaffirms “Buy” Rating for Verisk Analytics, Inc. (VRSK)

Cantor Fitzgerald restated their buy rating on shares of Verisk Analytics, Inc. (NASDAQ:VRSK) in a report released on Wednesday morning. The firm currently has a $92.00 price objective on the business services provider’s stock.

A number of other research firms also recently issued reports on VRSK. Credit Suisse Group reiterated a neutral rating and issued a $85.00 price objective (up previously from $80.00) on shares of Verisk Analytics in a report on Thursday, August 3rd. Zacks Investment Research upgraded Verisk Analytics from a sell rating to a hold rating in a report on Monday, October 9th. UBS Group AG (USA) reiterated a sell rating and issued a $75.00 price objective (up previously from $71.00) on shares of Verisk Analytics in a report on Friday, July 14th. SunTrust Banks, Inc. downgraded Verisk Analytics from a buy rating to a hold rating and set a $85.00 price objective for the company. in a report on Thursday, August 3rd. Finally, BMO Capital Markets reiterated a hold rating and issued a $83.00 price objective on shares of Verisk Analytics in a report on Friday, September 15th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of $88.23.

Shares of Verisk Analytics (VRSK) opened at $91.03 on Wednesday. The company has a quick ratio of 0.71, a current ratio of 0.45 and a debt-to-equity ratio of 1.36. The firm has a market cap of $14,990.26, a PE ratio of 28.44, a price-to-earnings-growth ratio of 3.26 and a beta of 0.76.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.06. The company had revenue of $549.10 million during the quarter, compared to analyst estimates of $527.97 million. Verisk Analytics had a return on equity of 36.91% and a net margin of 22.09%. The firm’s revenue was up 10.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.84 earnings per share. research analysts expect that Verisk Analytics will post 3.15 EPS for the current year.

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In related news, Director Christopher M. Foskett sold 1,304 shares of Verisk Analytics stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $82.46, for a total value of $107,527.84. Following the completion of the sale, the director now directly owns 9,989 shares in the company, valued at approximately $823,692.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Andrew G. Mills sold 1,232 shares of Verisk Analytics stock in a transaction dated Tuesday, September 26th. The stock was sold at an average price of $82.50, for a total value of $101,640.00. Following the completion of the sale, the director now owns 104,293 shares of the company’s stock, valued at $8,604,172.50. The disclosure for this sale can be found here. Insiders have sold 293,950 shares of company stock valued at $25,301,427 over the last 90 days. Corporate insiders own 3.41% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Parkside Financial Bank & Trust increased its holdings in Verisk Analytics by 40.3% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,324 shares of the business services provider’s stock worth $112,000 after buying an additional 380 shares in the last quarter. Integrated Investment Consultants LLC increased its holdings in Verisk Analytics by 45.8% in the 2nd quarter. Integrated Investment Consultants LLC now owns 1,330 shares of the business services provider’s stock worth $112,000 after buying an additional 418 shares in the last quarter. Huntington National Bank increased its holdings in Verisk Analytics by 29.6% in the 2nd quarter. Huntington National Bank now owns 1,548 shares of the business services provider’s stock worth $131,000 after buying an additional 354 shares in the last quarter. Advisory Services Network LLC increased its holdings in Verisk Analytics by 300.5% in the 2nd quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock worth $143,000 after buying an additional 1,268 shares in the last quarter. Finally, Perigon Wealth Management LLC increased its holdings in Verisk Analytics by 61.2% in the 2nd quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock worth $149,000 after buying an additional 669 shares in the last quarter. Institutional investors own 93.68% of the company’s stock.

About Verisk Analytics

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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