Verisk Analytics, Inc. (VRSK) Receives Average Rating of “Buy” from Analysts
Verisk Analytics, Inc. (NASDAQ:VRSK) has earned an average rating of “Buy” from the fifteen research firms that are presently covering the firm, Marketbeat reports. Eight investment analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $104.58.
Several brokerages have recently weighed in on VRSK. BidaskClub raised Verisk Analytics from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, September 5th. Zacks Investment Research raised Verisk Analytics from a “hold” rating to a “buy” rating and set a $125.00 target price on the stock in a research report on Tuesday, July 17th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $115.00 target price on shares of Verisk Analytics in a research report on Thursday, July 19th. SunTrust Banks reissued a “hold” rating and set a $109.00 target price on shares of Verisk Analytics in a research report on Wednesday, August 1st. Finally, Morgan Stanley raised their target price on Verisk Analytics from $107.00 to $108.00 and gave the stock a “hold” rating in a research report on Wednesday, July 18th.
In related news, COO Mark V. Anquillare sold 53,125 shares of the firm’s stock in a transaction that occurred on Tuesday, September 11th. The stock was sold at an average price of $121.08, for a total transaction of $6,432,375.00. Following the transaction, the chief operating officer now owns 74,019 shares in the company, valued at approximately $8,962,220.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director David B. Wright sold 4,200 shares of the firm’s stock in a transaction that occurred on Monday, September 10th. The stock was sold at an average price of $121.03, for a total value of $508,326.00. Following the transaction, the director now owns 27,941 shares in the company, valued at approximately $3,381,699.23. The disclosure for this sale can be found here. Insiders have sold a total of 579,064 shares of company stock worth $65,902,707 in the last 90 days. 3.19% of the stock is currently owned by company insiders.
Shares of NASDAQ VRSK traded up $0.81 during midday trading on Wednesday, hitting $121.50. 766,800 shares of the company’s stock were exchanged, compared to its average volume of 837,688. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.43 and a current ratio of 0.43. Verisk Analytics has a twelve month low of $80.32 and a twelve month high of $121.90. The firm has a market capitalization of $19.84 billion, a PE ratio of 37.85, a price-to-earnings-growth ratio of 2.28 and a beta of 0.66.
Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Tuesday, July 31st. The business services provider reported $1.06 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.05. Verisk Analytics had a return on equity of 31.35% and a net margin of 26.58%. The business had revenue of $601.30 million for the quarter, compared to analyst estimates of $586.22 million. sell-side analysts forecast that Verisk Analytics will post 4.16 earnings per share for the current fiscal 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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