Verisk Analytics (VRSK) Receives Average Recommendation of “Buy” from Analysts

Shares of Verisk Analytics (NASDAQ:VRSK) have been given an average rating of “Buy” by the seventeen brokerages that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $103.07.

A number of brokerages have recently issued reports on VRSK. BidaskClub cut shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. BMO Capital Markets reissued a “market perform” rating and issued a $102.00 target price (up previously from $100.00) on shares of Verisk Analytics in a research report on Thursday, February 22nd. ValuEngine raised shares of Verisk Analytics from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. SunTrust Banks boosted their target price on shares of Verisk Analytics to $105.00 and gave the company a “hold” rating in a research report on Thursday, February 22nd. Finally, Wells Fargo reissued an “outperform” rating and issued a $115.00 target price (up previously from $105.00) on shares of Verisk Analytics in a research report on Thursday, February 22nd.

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VRSK stock traded up $0.15 during midday trading on Friday, reaching $107.72. 133,535 shares of the company were exchanged, compared to its average volume of 899,422. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.45 and a quick ratio of 0.45. Verisk Analytics has a one year low of $75.60 and a one year high of $108.58. The stock has a market cap of $17,833.13, a price-to-earnings ratio of 33.51, a price-to-earnings-growth ratio of 2.48 and a beta of 0.67.



Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Tuesday, February 20th. The business services provider reported $1.34 EPS for the quarter, topping the Zacks’ consensus estimate of $0.78 by $0.56. The firm had revenue of $570.30 million during the quarter, compared to analysts’ expectations of $557.09 million. Verisk Analytics had a net margin of 25.88% and a return on equity of 33.58%. The company’s revenue for the quarter was up 12.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.80 earnings per share. research analysts anticipate that Verisk Analytics will post 3.97 EPS for the current fiscal year.

In other Verisk Analytics news, Director John F. Lehman sold 7,107 shares of the business’s stock in a transaction dated Friday, March 9th. The stock was sold at an average price of $105.37, for a total transaction of $748,864.59. Following the completion of the transaction, the director now owns 106,656 shares of the company’s stock, valued at $11,238,342.72. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Lee Shavel bought 357 shares of the stock in a transaction on Tuesday, April 10th. The shares were acquired at an average cost of $105.99 per share, with a total value of $37,838.43. Following the purchase, the chief financial officer now owns 27,445 shares of the company’s stock, valued at approximately $2,908,895.55. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 1,110 shares of company stock valued at $112,570 and sold 401,642 shares valued at $41,814,853. 3.19% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently modified their holdings of the business. California Public Employees Retirement System raised its stake in Verisk Analytics by 0.6% during the fourth quarter. California Public Employees Retirement System now owns 322,425 shares of the business services provider’s stock worth $30,953,000 after acquiring an additional 2,050 shares in the last quarter. BlackRock Inc. raised its stake in Verisk Analytics by 0.9% during the fourth quarter. BlackRock Inc. now owns 9,751,852 shares of the business services provider’s stock worth $936,178,000 after acquiring an additional 86,377 shares in the last quarter. Parametric Portfolio Associates LLC raised its stake in Verisk Analytics by 10.8% during the third quarter. Parametric Portfolio Associates LLC now owns 259,528 shares of the business services provider’s stock worth $21,590,000 after acquiring an additional 25,263 shares in the last quarter. UBS Asset Management Americas Inc. raised its stake in Verisk Analytics by 7.6% during the fourth quarter. UBS Asset Management Americas Inc. now owns 1,294,928 shares of the business services provider’s stock worth $124,313,000 after acquiring an additional 90,980 shares in the last quarter. Finally, Progressive Investment Management Corp raised its stake in Verisk Analytics by 5.0% during the fourth quarter. Progressive Investment Management Corp now owns 31,830 shares of the business services provider’s stock worth $3,056,000 after acquiring an additional 1,510 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

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Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics solutions for customers in the insurance, energy, and financial markets in the United States and internationally. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.

Analyst Recommendations for Verisk Analytics (NASDAQ:VRSK)

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