Brokerages expect Verisk Analytics, Inc. (NASDAQ:VRSK) to report $0.78 earnings per share for the current quarter, according to Zacks Investment Research. Seven analysts have issued estimates for Verisk Analytics’ earnings, with the highest EPS estimate coming in at $0.79 and the lowest estimate coming in at $0.76. Verisk Analytics posted earnings per share of $0.84 in the same quarter last year, which indicates a negative year-over-year growth rate of 7.1%. The company is expected to issue its next earnings report on Tuesday, November 7th.

On average, analysts expect that Verisk Analytics will report full year earnings of $3.13 per share for the current fiscal year, with EPS estimates ranging from $3.05 to $3.21. For the next fiscal year, analysts forecast that the business will post earnings of $3.40 per share, with EPS estimates ranging from $3.25 to $3.51. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that cover Verisk Analytics.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, August 1st. The business services provider reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.05. Verisk Analytics had a net margin of 22.99% and a return on equity of 38.43%. The firm had revenue of $523.20 million during the quarter, compared to analyst estimates of $519.67 million. During the same quarter in the previous year, the firm earned $0.73 earnings per share. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year.

Several brokerages recently commented on VRSK. SunTrust Banks, Inc. cut Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 target price for the company. in a research report on Thursday, August 3rd. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Verisk Analytics in a research report on Friday. UBS AG reaffirmed a “sell” rating and issued a $75.00 target price (up from $71.00) on shares of Verisk Analytics in a research report on Friday, July 14th. Credit Suisse Group reaffirmed a “neutral” rating and issued a $85.00 target price (up from $80.00) on shares of Verisk Analytics in a research report on Thursday, August 3rd. Finally, BMO Capital Markets raised their target price on Verisk Analytics from $81.00 to $83.00 and gave the stock a “market perform” rating in a research report on Friday, July 14th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $85.00.

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Verisk Analytics (NASDAQ:VRSK) traded down 0.30% during mid-day trading on Tuesday, reaching $82.27. 222,906 shares of the company’s stock traded hands. The stock has a market capitalization of $13.54 billion, a PE ratio of 29.91 and a beta of 0.66. The firm’s 50-day moving average price is $84.67 and its 200 day moving average price is $82.11. Verisk Analytics has a 12 month low of $75.60 and a 12 month high of $88.17.

In other Verisk Analytics news, Director David B. Wright sold 15,000 shares of Verisk Analytics stock in a transaction on Thursday, June 8th. The stock was sold at an average price of $80.32, for a total transaction of $1,204,800.00. Following the completion of the transaction, the director now directly owns 22,025 shares of the company’s stock, valued at $1,769,048. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John F. Lehman sold 8,247 shares of Verisk Analytics stock in a transaction on Tuesday, May 16th. The shares were sold at an average price of $78.72, for a total value of $649,203.84. Following the transaction, the director now directly owns 115,073 shares of the company’s stock, valued at $9,058,546.56. The disclosure for this sale can be found here. Over the last three months, insiders have sold 26,247 shares of company stock valued at $2,104,414. Company insiders own 3.41% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of VRSK. Candriam Luxembourg S.C.A. boosted its position in shares of Verisk Analytics by 14.1% in the first quarter. Candriam Luxembourg S.C.A. now owns 9,023 shares of the business services provider’s stock worth $732,000 after buying an additional 1,118 shares during the last quarter. Sandia Holdings LLC boosted its position in shares of Verisk Analytics by 12.7% in the first quarter. Sandia Holdings LLC now owns 167,073 shares of the business services provider’s stock worth $13,556,000 after buying an additional 18,773 shares during the last quarter. Prudential Financial Inc. boosted its position in shares of Verisk Analytics by 0.6% in the first quarter. Prudential Financial Inc. now owns 216,456 shares of the business services provider’s stock worth $17,563,000 after buying an additional 1,370 shares during the last quarter. Morgan Stanley boosted its position in shares of Verisk Analytics by 3.7% in the first quarter. Morgan Stanley now owns 3,787,126 shares of the business services provider’s stock worth $307,286,000 after buying an additional 136,729 shares during the last quarter. Finally, Bares Capital Management Inc. boosted its position in shares of Verisk Analytics by 16.2% in the first quarter. Bares Capital Management Inc. now owns 1,221,990 shares of the business services provider’s stock worth $99,152,000 after buying an additional 169,923 shares during the last quarter. 93.14% of the stock is owned by institutional investors.

About Verisk Analytics

Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate.

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Earnings History and Estimates for Verisk Analytics (NASDAQ:VRSK)

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