Verisk Analytics (VRSK) Given a $101.00 Price Target at Keefe, Bruyette & Woods

Verisk Analytics (NASDAQ:VRSK) received a $101.00 price target from research analysts at Keefe, Bruyette & Woods in a note issued to investors on Friday. The brokerage currently has a “buy” rating on the business services provider’s stock. Keefe, Bruyette & Woods’ price target would suggest a potential upside of 4.75% from the stock’s current price.

VRSK has been the subject of a number of other research reports. SunTrust Banks cut Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 target price for the company. in a report on Thursday, August 3rd. Credit Suisse Group reissued a “neutral” rating and issued a $85.00 price objective (up from $80.00) on shares of Verisk Analytics in a report on Thursday, August 3rd. Royal Bank Of Canada reissued a “hold” rating on shares of Verisk Analytics in a report on Friday, August 4th. BMO Capital Markets restated a “hold” rating and set a $83.00 price target on shares of Verisk Analytics in a research note on Friday, September 15th. Finally, Zacks Investment Research cut Verisk Analytics from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $89.07.

Shares of Verisk Analytics (VRSK) traded up $1.44 during midday trading on Friday, reaching $96.42. The company’s stock had a trading volume of 904,500 shares, compared to its average volume of 811,432. Verisk Analytics has a one year low of $75.60 and a one year high of $96.92. The stock has a market capitalization of $15,920.00, a PE ratio of 29.76, a P/E/G ratio of 3.38 and a beta of 0.76. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.45 and a current ratio of 0.45.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Tuesday, October 31st. The business services provider reported $0.84 EPS for the quarter, beating the consensus estimate of $0.78 by $0.06. Verisk Analytics had a return on equity of 36.91% and a net margin of 22.09%. The business had revenue of $549.10 million for the quarter, compared to the consensus estimate of $527.97 million. During the same period last year, the business posted $0.84 EPS. The company’s revenue was up 10.2% on a year-over-year basis. equities analysts predict that Verisk Analytics will post 3.17 EPS for the current year.

In other news, Director Andrew G. Mills sold 3,000 shares of the stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $92.72, for a total value of $278,160.00. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director David B. Wright sold 10,000 shares of the stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $80.82, for a total transaction of $808,200.00. Following the completion of the sale, the director now directly owns 13,951 shares in the company, valued at approximately $1,127,519.82. The disclosure for this sale can be found here. Insiders sold a total of 321,146 shares of company stock worth $27,721,244 over the last quarter. Corporate insiders own 3.41% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the business. Advisory Services Network LLC grew its stake in Verisk Analytics by 300.5% in the 2nd quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock valued at $143,000 after acquiring an additional 1,268 shares during the period. Perigon Wealth Management LLC boosted its stake in Verisk Analytics by 61.2% during the 2nd quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock worth $149,000 after purchasing an additional 669 shares during the last quarter. BB&T Investment Services Inc. acquired a new stake in Verisk Analytics during the 2nd quarter worth $153,000. Capstone Investment Advisors Netherlands B.V. acquired a new stake in Verisk Analytics during the 2nd quarter worth $161,000. Finally, Paradigm Asset Management Co. LLC boosted its stake in Verisk Analytics by 5.4% during the 2nd quarter. Paradigm Asset Management Co. LLC now owns 1,950 shares of the business services provider’s stock worth $165,000 after purchasing an additional 100 shares during the last quarter. 95.05% of the stock is owned by institutional investors.

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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.

Analyst Recommendations for Verisk Analytics (NASDAQ:VRSK)

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