Equities analysts forecast that Verisk Analytics, Inc. (NASDAQ:VRSK) will report $554.03 million in sales for the current quarter, Zacks Investment Research reports. Seven analysts have provided estimates for Verisk Analytics’ earnings, with the highest sales estimate coming in at $570.95 million and the lowest estimate coming in at $536.40 million. Verisk Analytics posted sales of $506.10 million during the same quarter last year, which suggests a positive year-over-year growth rate of 9.5%. The company is scheduled to issue its next earnings results after the market closes on Tuesday, February 20th.

According to Zacks, analysts expect that Verisk Analytics will report full-year sales of $554.03 million for the current year, with estimates ranging from $2.11 billion to $2.15 billion. For the next fiscal year, analysts anticipate that the company will report sales of $2.30 billion per share, with estimates ranging from $2.22 billion to $2.36 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that that provide coverage for Verisk Analytics.

Several research firms recently issued reports on VRSK. Morgan Stanley increased their price target on shares of Verisk Analytics from $91.00 to $106.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 31st. BidaskClub raised shares of Verisk Analytics from a “hold” rating to a “buy” rating in a research report on Tuesday, January 23rd. Royal Bank of Canada increased their price target on shares of Verisk Analytics to $100.00 and gave the stock a “sector perform” rating in a research report on Friday, January 19th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Saturday, January 13th. Finally, Keefe, Bruyette & Woods set a $101.00 price target on shares of Verisk Analytics and gave the stock a “buy” rating in a research report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company’s stock. Verisk Analytics currently has an average rating of “Hold” and a consensus target price of $94.50.

In related news, CFO Lee Shavel purchased 388 shares of the firm’s stock in a transaction dated Wednesday, January 10th. The shares were acquired at an average cost of $96.61 per share, with a total value of $37,484.68. Following the completion of the purchase, the chief financial officer now directly owns 22,729 shares of the company’s stock, valued at $2,195,848.69. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David B. Wright sold 15,000 shares of the stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $94.60, for a total transaction of $1,419,000.00. Following the sale, the director now directly owns 8,951 shares in the company, valued at $846,764.60. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 37,026 shares of company stock valued at $3,488,038. Company insiders own 3.41% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in VRSK. Dupont Capital Management Corp bought a new stake in shares of Verisk Analytics during the fourth quarter valued at approximately $112,000. Fusion Family Wealth LLC bought a new stake in shares of Verisk Analytics during the fourth quarter valued at approximately $116,000. Advisory Services Network LLC grew its stake in shares of Verisk Analytics by 300.5% during the second quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock valued at $143,000 after purchasing an additional 1,268 shares during the last quarter. Perigon Wealth Management LLC grew its stake in shares of Verisk Analytics by 61.2% during the second quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock valued at $149,000 after purchasing an additional 669 shares during the last quarter. Finally, BB&T Investment Services Inc. bought a new stake in shares of Verisk Analytics during the second quarter valued at approximately $153,000. 92.72% of the stock is currently owned by institutional investors and hedge funds.

Verisk Analytics (NASDAQ:VRSK) opened at $95.01 on Wednesday. Verisk Analytics has a 52-week low of $75.60 and a 52-week high of $100.54. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.45 and a quick ratio of 0.45. The stock has a market cap of $15,570.00, a PE ratio of 34.88, a P/E/G ratio of 2.53 and a beta of 0.76.

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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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