Verisk Analytics (VRSK) Issues Earnings Results, Beats Estimates By $0.56 EPS

Verisk Analytics (NASDAQ:VRSK) issued its earnings results on Monday. The business services provider reported $1.34 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.78 by $0.56, Bloomberg Earnings reports. The company had revenue of $570.30 million during the quarter, compared to analyst estimates of $557.09 million. Verisk Analytics had a return on equity of 36.91% and a net margin of 22.09%. The firm’s quarterly revenue was up 12.7% on a year-over-year basis. During the same quarter last year, the business posted $0.80 EPS.

Verisk Analytics (NASDAQ:VRSK) traded down $1.75 during midday trading on Tuesday, hitting $97.04. The company’s stock had a trading volume of 1,465,838 shares, compared to its average volume of 969,004. The stock has a market cap of $16,269.91, a price-to-earnings ratio of 36.32, a P/E/G ratio of 2.51 and a beta of 0.76. Verisk Analytics has a twelve month low of $75.60 and a twelve month high of $100.54. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.45 and a quick ratio of 0.45.

A number of equities analysts recently issued reports on VRSK shares. Morgan Stanley raised their target price on Verisk Analytics from $82.00 to $83.00 and gave the stock an “equal weight” rating in a research note on Monday, October 23rd. Robert W. Baird restated a “buy” rating on shares of Verisk Analytics in a research note on Wednesday, November 1st. Cantor Fitzgerald restated a “buy” rating and issued a $92.00 target price on shares of Verisk Analytics in a research note on Wednesday, November 1st. SunTrust Banks reiterated a “hold” rating and set a $85.00 price objective on shares of Verisk Analytics in a research note on Wednesday, November 1st. Finally, BMO Capital Markets lifted their price objective on Verisk Analytics from $83.00 to $91.00 and gave the company a “market perform” rating in a research note on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $96.85.

In other news, Director David B. Wright sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $94.60, for a total transaction of $1,419,000.00. Following the sale, the director now directly owns 8,951 shares in the company, valued at approximately $846,764.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John F. Lehman sold 10,526 shares of the firm’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $95.11, for a total value of $1,001,127.86. Following the sale, the director now owns 92,656 shares in the company, valued at $8,812,512.16. The disclosure for this sale can be found here. In the last quarter, insiders have acquired 1,177 shares of company stock valued at $112,591 and have sold 28,526 shares valued at $2,709,268. Company insiders own 3.41% of the company’s stock.

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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.

Earnings History for Verisk Analytics (NASDAQ:VRSK)

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