Analysts Expect Verisk Analytics, Inc. (VRSK) to Post $0.77 Earnings Per Share

Wall Street brokerages expect that Verisk Analytics, Inc. (NASDAQ:VRSK) will announce earnings per share of $0.77 for the current quarter, Zacks reports. Seven analysts have issued estimates for Verisk Analytics’ earnings, with the highest EPS estimate coming in at $0.81 and the lowest estimate coming in at $0.74. Verisk Analytics posted earnings per share of $0.80 during the same quarter last year, which indicates a negative year-over-year growth rate of 3.8%. The company is expected to announce its next quarterly earnings report on Tuesday, February 20th.

According to Zacks, analysts expect that Verisk Analytics will report full-year earnings of $3.17 per share for the current year, with EPS estimates ranging from $3.14 to $3.21. For the next fiscal year, analysts anticipate that the company will post earnings of $3.46 per share, with EPS estimates ranging from $3.30 to $3.60. Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that that provide coverage for Verisk Analytics.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.84 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.06. Verisk Analytics had a return on equity of 36.91% and a net margin of 22.09%. The business had revenue of $549.10 million for the quarter, compared to analyst estimates of $527.97 million. During the same quarter in the prior year, the firm posted $0.84 EPS. The business’s quarterly revenue was up 10.2% compared to the same quarter last year.

Several research firms have commented on VRSK. BMO Capital Markets upped their price objective on Verisk Analytics from $83.00 to $91.00 and gave the stock a “market perform” rating in a research report on Thursday, November 2nd. Morgan Stanley upped their price objective on Verisk Analytics from $82.00 to $83.00 and gave the stock an “equal weight” rating in a research report on Monday, October 23rd. SunTrust Banks restated a “hold” rating and issued a $85.00 price objective on shares of Verisk Analytics in a research report on Wednesday, November 1st. Credit Suisse Group upped their price objective on Verisk Analytics from $85.00 to $92.00 and gave the stock a “neutral” rating in a research report on Thursday, November 2nd. Finally, Goldman Sachs Group initiated coverage on Verisk Analytics in a research report on Wednesday, November 8th. They issued a “neutral” rating and a $89.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $91.54.

In related news, EVP Kenneth E. Thompson sold 69,793 shares of the stock in a transaction on Friday, October 27th. The stock was sold at an average price of $85.08, for a total value of $5,937,988.44. Following the completion of the transaction, the executive vice president now directly owns 72,815 shares of the company’s stock, valued at approximately $6,195,100.20. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Scott G. Stephenson acquired 22,200 shares of Verisk Analytics stock in a transaction that occurred on Monday, November 6th. The stock was purchased at an average cost of $91.16 per share, with a total value of $2,023,752.00. Following the completion of the purchase, the chief executive officer now owns 577,441 shares in the company, valued at approximately $52,639,521.56. The disclosure for this purchase can be found here. Insiders have sold a total of 327,172 shares of company stock worth $28,591,387 in the last quarter. Insiders own 3.41% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Parametric Portfolio Associates LLC raised its stake in Verisk Analytics by 10.8% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 259,528 shares of the business services provider’s stock valued at $21,590,000 after purchasing an additional 25,263 shares during the last quarter. GSA Capital Partners LLP acquired a new position in Verisk Analytics in the 3rd quarter valued at $323,000. IFM Investors Pty Ltd acquired a new position in Verisk Analytics in the 3rd quarter valued at $391,000. Sterling Capital Management LLC raised its stake in Verisk Analytics by 1.3% in the 3rd quarter. Sterling Capital Management LLC now owns 946,347 shares of the business services provider’s stock valued at $78,727,000 after purchasing an additional 11,760 shares during the last quarter. Finally, California Public Employees Retirement System raised its stake in Verisk Analytics by 4.2% in the 3rd quarter. California Public Employees Retirement System now owns 320,375 shares of the business services provider’s stock valued at $26,652,000 after purchasing an additional 12,975 shares during the last quarter. 92.84% of the stock is owned by hedge funds and other institutional investors.

Shares of Verisk Analytics (NASDAQ:VRSK) opened at $95.83 on Wednesday. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.45 and a quick ratio of 0.45. Verisk Analytics has a 52-week low of $75.60 and a 52-week high of $98.60. The company has a market capitalization of $15,810.42, a P/E ratio of 35.23, a price-to-earnings-growth ratio of 3.41 and a beta of 0.80.

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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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