Verisk Analytics (NASDAQ:VRSK)‘s stock had its “outperform” rating reaffirmed by equities researchers at Robert W. Baird in a report released on Wednesday, MarketBeat.com reports. They presently have a $184.00 price objective on the business services provider’s stock, up from their prior price objective of $165.00. Robert W. Baird’s price target would indicate a potential upside of 12.39% from the stock’s current price.
VRSK has been the subject of a number of other research reports. Morgan Stanley upgraded shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $162.00 to $176.00 in a research note on Tuesday, January 7th. Zacks Investment Research lowered shares of Verisk Analytics from a “hold” rating to a “sell” rating and set a $162.00 price objective on the stock. in a research note on Monday, January 6th. William Blair reiterated an “outperform” rating on shares of Verisk Analytics in a report on Thursday, October 31st. Jefferies Financial Group assumed coverage on shares of Verisk Analytics in a report on Wednesday, November 27th. They set a “buy” rating and a $174.00 price objective for the company. Finally, ValuEngine downgraded shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company. Verisk Analytics presently has a consensus rating of “Hold” and an average price target of $158.00.
NASDAQ:VRSK traded up $2.41 on Wednesday, hitting $163.71. The stock had a trading volume of 15,819 shares, compared to its average volume of 586,377. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.40. Verisk Analytics has a 52 week low of $114.85 and a 52 week high of $164.97. The business’s fifty day moving average is $151.74 and its 200 day moving average is $152.35. The company has a market cap of $26.31 billion, a PE ratio of 58.86, a P/E/G ratio of 3.15 and a beta of 0.69.
Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Tuesday, October 29th. The business services provider reported $1.12 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.13 by ($0.01). Verisk Analytics had a net margin of 18.23% and a return on equity of 33.57%. The firm had revenue of $652.70 million for the quarter, compared to the consensus estimate of $650.34 million. During the same quarter in the prior year, the firm earned $1.08 EPS. The company’s revenue was up 9.0% compared to the same quarter last year. Equities analysts predict that Verisk Analytics will post 4.37 earnings per share for the current fiscal year.
In related news, COO Mark V. Anquillare sold 26,250 shares of Verisk Analytics stock in a transaction on Monday, January 6th. The stock was sold at an average price of $151.25, for a total transaction of $3,970,312.50. Following the sale, the chief operating officer now directly owns 87,776 shares in the company, valued at $13,276,120. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Vincent De P. Mccarthy sold 3,591 shares of Verisk Analytics stock in a transaction on Friday, November 1st. The stock was sold at an average price of $144.79, for a total value of $519,940.89. Following the sale, the vice president now owns 36,033 shares in the company, valued at $5,217,218.07. The disclosure for this sale can be found here. Insiders have sold a total of 118,097 shares of company stock worth $17,249,116 over the last ninety days. Insiders own 2.71% of the company’s stock.
Several institutional investors have recently made changes to their positions in VRSK. Doliver Advisors LP raised its stake in shares of Verisk Analytics by 1.3% in the third quarter. Doliver Advisors LP now owns 5,945 shares of the business services provider’s stock valued at $928,000 after buying an additional 76 shares during the period. State of Michigan Retirement System increased its holdings in Verisk Analytics by 0.3% in the 3rd quarter. State of Michigan Retirement System now owns 39,316 shares of the business services provider’s stock worth $6,217,000 after acquiring an additional 100 shares during the last quarter. Huntington National Bank lifted its holdings in Verisk Analytics by 9.6% during the fourth quarter. Huntington National Bank now owns 1,205 shares of the business services provider’s stock valued at $180,000 after purchasing an additional 106 shares during the last quarter. World Asset Management Inc lifted its holdings in Verisk Analytics by 1.0% during the third quarter. World Asset Management Inc now owns 11,291 shares of the business services provider’s stock valued at $1,786,000 after purchasing an additional 108 shares during the last quarter. Finally, Citizens Financial Group Inc RI boosted its position in Verisk Analytics by 99.1% during the third quarter. Citizens Financial Group Inc RI now owns 233 shares of the business services provider’s stock worth $37,000 after purchasing an additional 116 shares during the period. 90.13% of the stock is owned by hedge funds and other institutional investors.
Verisk Analytics Company Profile
Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.
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