Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) have been assigned an average recommendation of “Buy” from the fourteen brokerages that are presently covering the firm, Marketbeat.com reports. Seven analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $111.00.
VRSK has been the topic of a number of recent research reports. BidaskClub raised Verisk Analytics from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, August 15th. Morgan Stanley reaffirmed a “hold” rating and set a $119.00 price objective (up from $113.00) on shares of Verisk Analytics in a research note on Thursday, September 13th. Zacks Investment Research cut Verisk Analytics from a “hold” rating to a “sell” rating in a research note on Tuesday, October 16th. Bank of America initiated coverage on Verisk Analytics in a research note on Tuesday, October 23rd. They set a “neutral” rating and a $125.00 price objective on the stock. Finally, Robert W. Baird raised their price objective on Verisk Analytics from $125.00 to $133.00 and gave the company an “outperform” rating in a research note on Thursday, November 1st.
In other Verisk Analytics news, CFO Lee Shavel bought 312 shares of the business’s stock in a transaction that occurred on Wednesday, November 21st. The shares were bought at an average cost of $120.00 per share, with a total value of $37,440.00. Following the completion of the purchase, the chief financial officer now directly owns 29,734 shares of the company’s stock, valued at $3,568,080. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Andrew G. Mills sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, September 19th. The stock was sold at an average price of $121.97, for a total value of $365,910.00. Following the completion of the sale, the director now directly owns 82,605 shares in the company, valued at $10,075,331.85. The disclosure for this sale can be found here. Over the last three months, insiders purchased 936 shares of company stock worth $112,080 and sold 302,981 shares worth $36,208,141. 3.19% of the stock is owned by company insiders.
Shares of NASDAQ:VRSK traded up $1.37 on Monday, reaching $124.69. 1,572,309 shares of the company traded hands, compared to its average volume of 854,400. Verisk Analytics has a 52 week low of $90.60 and a 52 week high of $124.83. The stock has a market capitalization of $20.30 billion, a P/E ratio of 38.84, a price-to-earnings-growth ratio of 2.55 and a beta of 0.62. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.96.
Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Tuesday, October 30th. The business services provider reported $1.08 earnings per share (EPS) for the quarter, beating the Zacks’ 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 for the quarter, compared to analysts’ expectations of $596.79 million. During the same period last year, the firm earned $0.84 earnings per share. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. As a group, research analysts predict that Verisk Analytics will post 4.15 EPS for the current year.
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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