Verisk Analytics, Inc. (VRSK) Set to Announce Earnings on Monday
Verisk Analytics, Inc. (NASDAQ:VRSK) is set to post its quarterly earnings results after the market closes on Monday, October 30th. Analysts expect Verisk Analytics to post earnings of $0.80 per share for the quarter.
Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.82 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.77 by $0.05. Verisk Analytics had a return on equity of 38.43% and a net margin of 22.99%. The company had revenue of $523.20 million during the quarter, compared to analysts’ expectations of $519.67 million. During the same period last year, the firm posted $0.73 earnings per share. The business’s revenue was up 5.0% on a year-over-year basis. On average, analysts expect Verisk Analytics to post $3.12 EPS for the current fiscal year and $3.4 EPS for the next fiscal year.
Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) opened at 84.85 on Monday. The firm has a market capitalization of $13.96 billion, a PE ratio of 30.84 and a beta of 0.70. The stock has a 50 day moving average price of $82.75 and a 200-day moving average price of $82.14. Verisk Analytics, Inc. has a 52-week low of $75.60 and a 52-week high of $88.17.
Several research firms have recently issued reports on VRSK. Morgan Stanley reaffirmed an “equal weight” rating and issued a $82.00 target price (down from $83.00) on shares of Verisk Analytics in a report on Tuesday, July 18th. Zacks Investment Research raised Verisk Analytics from a “sell” rating to a “hold” rating in a report on Thursday, July 13th. BMO Capital Markets upped their target price on Verisk Analytics from $81.00 to $83.00 and gave the company a “market perform” rating in a report on Friday, July 14th. UBS AG reaffirmed a “sell” rating and issued a $75.00 target price (up from $71.00) on shares of Verisk Analytics in a report on Friday, July 14th. Finally, 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 report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $84.50.
In other Verisk Analytics news, Director David B. Wright sold 10,000 shares of the stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $80.82, for a total transaction of $808,200.00. Following the sale, the director now owns 13,951 shares in the company, valued at $1,127,519.82. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Andrew G. Mills sold 3,000 shares of the stock in a transaction on Friday, September 8th. The stock was sold at an average price of $82.50, for a total value of $247,500.00. Following the sale, the director now owns 105,525 shares in the company, valued at approximately $8,705,812.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 17,304 shares of company stock valued at $1,410,728. 3.41% of the stock is owned by corporate insiders.
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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