Zacks: Brokerages Expect Verisk Analytics, Inc. (NASDAQ:VRSK) Will Announce Earnings of $1.33 Per Share

Wall Street analysts expect Verisk Analytics, Inc. (NASDAQ:VRSK) to report earnings of $1.33 per share for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for Verisk Analytics’ earnings. The lowest EPS estimate is $1.27 and the highest is $1.37. Verisk Analytics reported earnings of $1.29 per share in the same quarter last year, which suggests a positive year over year growth rate of 3.1%. The business is expected to issue its next quarterly earnings report on Tuesday, August 3rd.

According to Zacks, analysts expect that Verisk Analytics will report full-year earnings of $5.19 per share for the current fiscal year, with EPS estimates ranging from $5.04 to $5.45. For the next financial year, analysts forecast that the firm will report earnings of $5.90 per share, with EPS estimates ranging from $5.65 to $6.23. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Verisk Analytics.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Monday, May 3rd. The business services provider reported $1.23 EPS for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.02). Verisk Analytics had a return on equity of 33.51% and a net margin of 25.16%. The company had revenue of $726.10 million for the quarter, compared to the consensus estimate of $725.93 million. During the same quarter last year, the firm posted $1.17 earnings per share. The firm’s quarterly revenue was up 5.3% compared to the same quarter last year.

A number of research firms recently commented on VRSK. UBS Group upgraded shares of Verisk Analytics from a “sell” rating to a “neutral” rating and dropped their target price for the stock from $196.00 to $177.00 in a report on Monday, March 1st. Morgan Stanley cut their price target on shares of Verisk Analytics from $201.00 to $197.00 and set an “overweight” rating on the stock in a report on Thursday, May 6th. Raymond James upgraded shares of Verisk Analytics from a “market perform” rating to an “outperform” rating and set a $190.00 price target on the stock in a report on Monday, March 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Verisk Analytics from a “hold” rating to a “buy” rating and boosted their price target for the company from $192.00 to $196.00 in a report on Monday, March 8th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $202.67.

Shares of NASDAQ VRSK traded up $0.90 during midday trading on Thursday, reaching $170.82. The company’s stock had a trading volume of 799,880 shares, compared to its average volume of 1,011,963. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.97. The stock has a 50 day moving average price of $178.63. Verisk Analytics has a one year low of $159.17 and a one year high of $210.66. The stock has a market capitalization of $27.69 billion, a P/E ratio of 39.52, a price-to-earnings-growth ratio of 3.44 and a beta of 0.78.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 30th. Investors of record on Tuesday, June 15th will be given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date is Monday, June 14th. Verisk Analytics’s payout ratio is presently 23.02%.

In other Verisk Analytics news, Director Samuel G. Liss sold 5,265 shares of the business’s stock in a transaction that occurred on Monday, May 3rd. The shares were sold at an average price of $190.08, for a total value of $1,000,771.20. Following the completion of the sale, the director now directly owns 25,562 shares of the company’s stock, valued at $4,858,824.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO David J. Grover sold 2,520 shares of the business’s stock in a transaction that occurred on Monday, May 24th. The stock was sold at an average price of $173.53, for a total transaction of $437,295.60. Following the completion of the sale, the chief accounting officer now directly owns 12,492 shares of the company’s stock, valued at $2,167,736.76. The disclosure for this sale can be found here. Insiders have sold 39,898 shares of company stock worth $7,070,858 over the last ninety days. 2.28% of the stock is currently owned by insiders.

Hedge funds have recently bought and sold shares of the business. Franklin Street Advisors Inc. NC grew its position in Verisk Analytics by 4.5% in the first quarter. Franklin Street Advisors Inc. NC now owns 53,180 shares of the business services provider’s stock worth $9,396,000 after acquiring an additional 2,288 shares in the last quarter. Girard Partners LTD. boosted its holdings in shares of Verisk Analytics by 6.3% during the 4th quarter. Girard Partners LTD. now owns 7,489 shares of the business services provider’s stock worth $1,554,000 after buying an additional 445 shares during the period. Bahl & Gaynor Inc. boosted its holdings in shares of Verisk Analytics by 37.1% during the 1st quarter. Bahl & Gaynor Inc. now owns 112,734 shares of the business services provider’s stock worth $19,919,000 after buying an additional 30,526 shares during the period. KBC Group NV boosted its holdings in shares of Verisk Analytics by 62.3% during the 1st quarter. KBC Group NV now owns 145,243 shares of the business services provider’s stock worth $25,663,000 after buying an additional 55,757 shares during the period. Finally, Advisor OS LLC boosted its holdings in shares of Verisk Analytics by 42.8% during the 4th quarter. Advisor OS LLC now owns 6,062 shares of the business services provider’s stock worth $1,258,000 after buying an additional 1,817 shares during the period. 89.42% of the stock is owned by institutional investors.

About Verisk Analytics

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, global risk analytics, natural resources intelligence, economic forecasting, commercial banking and finance, and various other fields.

Further Reading: Stock Symbol

Get a free copy of the Zacks research report on Verisk Analytics (VRSK)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

Receive News & Ratings for Verisk Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics and related companies with MarketBeat.com's FREE daily email newsletter.