Verisk Analytics (VRSK) Announces Quarterly Results
Verisk Analytics (NASDAQ:VRSK) announced its earnings results on Tuesday. The company reported $0.57 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.56 by $0.01, StockRatingsNetwork reports. The company had revenue of $423.60 million for the quarter, compared to the consensus estimate of $422.78 million. During the same quarter in the prior year, the company posted $0.55 earnings per share. The company’s quarterly revenue was up 8.5% on a year-over-year basis.
Shares of Verisk Analytics (NASDAQ:VRSK) traded down 0.75% during mid-day trading on Tuesday, hitting $62.19. 1,147,413 shares of the company’s stock traded hands. Verisk Analytics has a one year low of $56.37 and a one year high of $69.09. The stock’s 50-day moving average is $61.07 and its 200-day moving average is $61.43. The company has a market cap of $10.348 billion and a price-to-earnings ratio of 27.96.
VRSK has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Verisk Analytics in a research note on Thursday, May 1st. They now have a $70.00 price target on the stock. Analysts at Morgan Stanley raised their price target on shares of Verisk Analytics from $73.00 to $74.00 in a research note on Wednesday, April 30th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $70.31.
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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