Q1 2017 EPS Estimates for Verisk Analytics Inc. (VRSK) Raised by Analyst
Verisk Analytics Inc. (NASDAQ:VRSK) – Analysts at William Blair lifted their Q1 2017 earnings per share estimates for shares of Verisk Analytics in a research note issued to investors on Monday. William Blair analyst T. Mchugh now anticipates that the brokerage will earn $0.80 per share for the quarter, up from their prior estimate of $0.79. William Blair also issued estimates for Verisk Analytics’ FY2017 earnings at $3.28 EPS and FY2018 earnings at $3.51 EPS.
Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, November 1st. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.09. Verisk Analytics had a net margin of 29.06% and a return on equity of 38.26%. The firm earned $498.10 million during the quarter, compared to the consensus estimate of $496.70 million. During the same period in the previous year, the firm earned $0.85 earnings per share. Verisk Analytics’s revenue was up 6.0% compared to the same quarter last year. TRADEMARK VIOLATION WARNING: This piece of content was originally reported by Daily Political and is the propert of of Daily Political. If you are reading this piece of content on another site, it was stolen and reposted in violation of U.S. & international trademark and copyright laws. The original version of this piece of content can be read at http://www.dailypolitical.com/2016/12/01/q1-2017-eps-estimates-for-verisk-analytics-inc-vrsk-raised-by-analyst.html.
Several other equities analysts have also weighed in on the stock. Cantor Fitzgerald set a $87.00 price objective on shares of Verisk Analytics and gave the company a “buy” rating in a research report on Wednesday, August 3rd. Zacks Investment Research lowered shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Saturday, November 12th. Macquarie assumed coverage on shares of Verisk Analytics in a research report on Thursday, August 25th. They set a “neutral” rating and a $88.00 price objective for the company. Finally, BMO Capital Markets restated a “hold” rating on shares of Verisk Analytics in a research report on Thursday, November 3rd. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $88.14.
Shares of Verisk Analytics (NASDAQ:VRSK) opened at 83.08 on Tuesday. The company has a 50-day moving average of $81.88 and a 200-day moving average of $81.42. The stock has a market capitalization of $13.91 billion, a P/E ratio of 23.94 and a beta of 0.65. Verisk Analytics has a 12-month low of $64.79 and a 12-month high of $86.00.
In other Verisk Analytics news, SVP Vincent De P. Mccarthy sold 2,400 shares of the company’s stock in a transaction dated Tuesday, September 6th. The shares were sold at an average price of $83.70, for a total transaction of $200,880.00. Following the completion of the sale, the senior vice president now directly owns 34,349 shares of the company’s stock, valued at $2,875,011.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, COO Mark V. Anquillare sold 20,000 shares of the company’s stock in a transaction dated Tuesday, September 13th. The shares were sold at an average price of $81.62, for a total transaction of $1,632,400.00. Following the sale, the chief operating officer now directly owns 74,090 shares of the company’s stock, valued at $6,047,225.80. The disclosure for this sale can be found here. Company insiders own 3.47% of the company’s stock.
TRADEMARK VIOLATION WARNING: This piece of content was originally reported by Daily Political and is the propert of of Daily Political. If you are reading this piece of content on another site, it was stolen and reposted in violation of U.S. & international trademark and copyright laws. The original version of this piece of content can be read at http://www.dailypolitical.com/2016/12/01/q1-2017-eps-estimates-for-verisk-analytics-inc-vrsk-raised-by-analyst.html.
A number of hedge funds have recently bought and sold shares of VRSK. Pinkerton Retirement Specialists LLC purchased a new stake in Verisk Analytics during the second quarter worth approximately $100,000. Van ECK Associates Corp purchased a new stake in Verisk Analytics during the second quarter worth approximately $111,000. Huntington National Bank raised its stake in Verisk Analytics by 97.1% in the third quarter. Huntington National Bank now owns 1,518 shares of the company’s stock worth $123,000 after buying an additional 748 shares in the last quarter. Checchi Capital Advisers LLC raised its stake in Verisk Analytics by 1.9% in the second quarter. Checchi Capital Advisers LLC now owns 1,602 shares of the company’s stock worth $130,000 after buying an additional 30 shares in the last quarter. Finally, Creative Planning raised its stake in Verisk Analytics by 27.9% in the second quarter. Creative Planning now owns 1,625 shares of the company’s stock worth $132,000 after buying an additional 354 shares in the last quarter. 91.59% of the stock is owned by institutional investors.
Verisk Analytics Company Profile
Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources, healthcare, financial services, government and risk management. The Company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence and economic forecasting, among others.
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