Verisk Analytics Inc. (NASDAQ:VRSK) has earned an average rating of “Buy” from the twelve brokerages that are currently covering the company. Six research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $82.67.
VRSK has been the topic of a number of research reports. Macquarie initiated coverage on shares of Verisk Analytics in a report on Thursday, August 25th. They set a “neutral” rating and a $88.00 target price on the stock. Morgan Stanley restated an “overweight” rating on shares of Verisk Analytics in a report on Wednesday, June 29th. Cantor Fitzgerald restated a “buy” rating on shares of Verisk Analytics in a report on Friday, August 19th. Finally, Zacks Investment Research upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a report on Saturday, August 6th.
In other Verisk Analytics news, SVP Vincent De P. Mccarthy sold 2,400 shares of the firm’s stock in a transaction on Tuesday, September 6th. The shares were sold at an average price of $83.70, for a total transaction of $200,880.00. Following the transaction, the senior vice president now directly owns 34,349 shares of the company’s stock, valued at approximately $2,875,011.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Mark V. Anquillare sold 20,000 shares of the firm’s stock in a transaction on Wednesday, July 13th. The stock was sold at an average price of $84.60, for a total transaction of $1,692,000.00. Following the transaction, the chief operating officer now directly owns 74,090 shares in the company, valued at $6,268,014. The disclosure for this sale can be found here. 3.47% of the stock is currently owned by corporate insiders.
A number of hedge funds and other institutional investors have recently modified their holdings of VRSK. Torray LLC increased its position in shares of Verisk Analytics by 34.5% in the first quarter. Torray LLC now owns 635,637 shares of the company’s stock valued at $50,800,000 after buying an additional 163,110 shares during the last quarter. Middleton & Co Inc MA acquired a new position in shares of Verisk Analytics during the first quarter valued at about $1,530,000. Buffington Mohr McNeal increased its position in shares of Verisk Analytics by 32.3% in the first quarter. Buffington Mohr McNeal now owns 8,600 shares of the company’s stock valued at $687,000 after buying an additional 2,100 shares during the last quarter. Mn Services Vermogensbeheer B.V. acquired a new position in shares of Verisk Analytics during the first quarter valued at about $283,000. Finally, Aperio Group LLC increased its position in shares of Verisk Analytics by 6.1% in the first quarter. Aperio Group LLC now owns 37,634 shares of the company’s stock valued at $3,008,000 after buying an additional 2,179 shares during the last quarter. 90.79% of the stock is currently owned by institutional investors.
Shares of Verisk Analytics (NASDAQ:VRSK) opened at 81.05 on Tuesday. The firm has a 50-day moving average of $82.06 and a 200 day moving average of $80.13. Verisk Analytics has a 52 week low of $64.79 and a 52 week high of $86.00. The company has a market cap of $13.70 billion, a P/E ratio of 23.25 and a beta of 0.50.
Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, August 2nd. The company reported $0.73 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.76 by $0.03. The business had revenue of $498.30 million for the quarter, compared to analyst estimates of $504.44 million. Verisk Analytics had a return on equity of 39.49% and a net margin of 28.54%. Verisk Analytics’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.77 earnings per share. Equities analysts expect that Verisk Analytics will post $3.01 EPS for the current fiscal year.
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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