Verisk Analytics (VRSK) Posts Quarterly Results
Verisk Analytics (NASDAQ:VRSK) issued its quarterly earnings data on Tuesday. The company reported $0.56 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.56, Stock Ratings Network reports. The company had revenue of $416.72 million for the quarter, compared to the consensus estimate of $441.13 million.
Several analysts have recently commented on the stock. Analysts at Morgan Stanley upgraded shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating in a research note on Thursday, February 13th. They now have a $74.00 price target on the stock. On a related note, analysts at Wells Fargo & Co. initiated coverage on shares of Verisk Analytics in a research note on Wednesday, February 12th. They set an “outperform” rating on the stock. Finally, analysts at Barclays raised their price target on shares of Verisk Analytics from $73.00 to $78.00 in a research note on Thursday, January 16th. They now have an “overweight” rating on the stock. Five investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $68.26.
Verisk Analytics (NASDAQ:VRSK) traded down 0.28% during mid-day trading on Tuesday, hitting $65.20. The stock had a trading volume of 1,255,526 shares. Verisk Analytics has a one year low of $53.68 and a one year high of $69.09. The stock’s 50-day moving average is $63.77 and its 200-day moving average is $64.67. The company has a market cap of $10.969 billion and a price-to-earnings ratio of 31.28.
Verisk Analytics, Inc (NASDAQ:VRSK) is a provider of information about risk to professionals in insurance, healthcare, mortgage, government, supply chain, and risk management.
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