Several other equities analysts have also issued reports on the stock. Robert W. Baird set a $137.00 target price on shares of Verisk Analytics and gave the company an “outperform” rating in a report on Wednesday, February 20th. Zacks Investment Research upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a report on Friday, February 22nd. Morgan Stanley set a $119.00 price objective on shares of Verisk Analytics and gave the stock a “hold” rating in a report on Tuesday, January 8th. Credit Suisse Group restated a “neutral” rating and issued a $125.00 price objective on shares of Verisk Analytics in a report on Friday, December 7th. Finally, Cantor Fitzgerald restated a “buy” rating and issued a $135.00 price objective on shares of Verisk Analytics in a report on Thursday, December 6th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Verisk Analytics presently has an average rating of “Hold” and a consensus price target of $118.70.
Verisk Analytics (NASDAQ:VRSK) had its target price lifted by UBS Group from $100.00 to $106.00 in a research note issued on Tuesday, www.benzinga.com reports. The firm presently has a “sell” rating on the business services provider’s stock. UBS Group’s target price would suggest a potential downside of 17.68% from the stock’s current price.
VRSK stock opened at $128.76 on Tuesday. Verisk Analytics has a 52-week low of $95.21 and a 52-week high of $129.30. The company has a market cap of $20.60 billion, a PE ratio of 31.33, a price-to-earnings-growth ratio of 2.40 and a beta of 0.74. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.99.
Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, February 19th. The business services provider reported $1.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.07 by ($0.03). Verisk Analytics had a net margin of 25.00% and a return on equity of 32.77%. The business had revenue of $613.90 million for the quarter, compared to analysts’ expectations of $613.07 million. During the same quarter in the previous year, the business posted $0.81 earnings per share. Verisk Analytics’s revenue for the quarter was up 7.6% on a year-over-year basis. Sell-side analysts predict that Verisk Analytics will post 4.46 EPS for the current year.
In related news, insider Vincent De P. Mccarthy sold 3,090 shares of the business’s stock in a transaction that occurred on Tuesday, December 18th. The shares were sold at an average price of $111.71, for a total value of $345,183.90. Following the completion of the transaction, the insider now directly owns 37,127 shares in the company, valued at approximately $4,147,457.17. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Scott G. Stephenson sold 19,023 shares of Verisk Analytics stock in a transaction that occurred on Monday, December 17th. The stock was sold at an average price of $112.62, for a total transaction of $2,142,370.26. Following the completion of the sale, the chief executive officer now directly owns 860,927 shares of the company’s stock, valued at approximately $96,957,598.74. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 54,161 shares of company stock valued at $6,427,138. 3.19% of the stock is owned by company insiders.
A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Verisk Analytics by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 16,255,397 shares of the business services provider’s stock worth $1,959,589,000 after purchasing an additional 345,631 shares during the period. Vanguard Group Inc grew its position in Verisk Analytics by 2.2% in the 3rd quarter. Vanguard Group Inc now owns 16,255,397 shares of the business services provider’s stock worth $1,959,589,000 after purchasing an additional 345,631 shares during the period. BlackRock Inc. grew its position in Verisk Analytics by 2.5% in the 4th quarter. BlackRock Inc. now owns 11,426,119 shares of the business services provider’s stock worth $1,245,902,000 after purchasing an additional 275,650 shares during the period. Janus Henderson Group PLC grew its position in Verisk Analytics by 4.5% in the 3rd quarter. Janus Henderson Group PLC now owns 5,222,219 shares of the business services provider’s stock worth $629,539,000 after purchasing an additional 223,424 shares during the period. Finally, Parnassus Investments CA grew its position in Verisk Analytics by 0.8% in the 4th quarter. Parnassus Investments CA now owns 4,790,599 shares of the business services provider’s stock worth $522,367,000 after purchasing an additional 36,955 shares during the period. 93.48% of the stock is owned by institutional investors and hedge funds.
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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