Verisk Analytics, Inc. (NASDAQ:VRSK) has earned an average recommendation of “Hold” from the seventeen analysts that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $91.54.
VRSK has been the topic of several recent research reports. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $108.00 price target on shares of Verisk Analytics in a research report on Friday, December 8th. Goldman Sachs Group initiated coverage on shares of Verisk Analytics in a research report on Wednesday, November 8th. They issued a “neutral” rating and a $89.00 price target on the stock. Barclays raised their price target on shares of Verisk Analytics from $86.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, November 2nd. Royal Bank of Canada reissued a “hold” rating and set a $90.00 target price on shares of Verisk Analytics in a research report on Sunday, December 10th. Finally, Morgan Stanley lifted their target price on shares of Verisk Analytics from $82.00 to $83.00 and gave the stock an “equal weight” rating in a research report on Monday, October 23rd.
In related news, Director Andrew G. Mills sold 3,000 shares of Verisk Analytics stock in a transaction that occurred on Wednesday, December 20th. The shares were sold at an average price of $96.38, for a total value of $289,140.00. Following the sale, the director now owns 96,525 shares of the company’s stock, valued at approximately $9,303,079.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Scott G. Stephenson purchased 22,200 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was bought at an average cost of $91.16 per share, for a total transaction of $2,023,752.00. Following the acquisition, the chief executive officer now directly owns 577,441 shares in the company, valued at approximately $52,639,521.56. The disclosure for this purchase can be found here. Insiders sold a total of 327,172 shares of company stock worth $28,591,387 in the last ninety days. 3.41% of the stock is currently owned by insiders.
Shares of Verisk Analytics (NASDAQ VRSK) traded up $0.85 on Friday, hitting $96.88. The stock had a trading volume of 882,063 shares, compared to its average volume of 814,225. Verisk Analytics has a 12 month low of $75.60 and a 12 month high of $98.60. The firm has a market cap of $15,736.31, a P/E ratio of 35.62, a PEG ratio of 3.12 and a beta of 0.80. 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 quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.84 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.06. Verisk Analytics had a net margin of 22.09% and a return on equity of 36.91%. The business had revenue of $549.10 million for the quarter, compared to analysts’ expectations of $527.97 million. During the same quarter last year, the firm earned $0.84 EPS. The firm’s revenue for the quarter was up 10.2% compared to the same quarter last year. equities research analysts predict that Verisk Analytics will post 3.17 earnings per share for the current fiscal year.
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Verisk Analytics Company Profile
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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