Verisk Analytics, Inc. (NASDAQ:VRSK) has earned a consensus rating of “Hold” from the fifteen analysts that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $85.09.
VRSK has been the subject of several recent analyst reports. Macquarie raised Verisk Analytics from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $90.00 to $95.00 in a research report on Friday, May 5th. Zacks Investment Research cut Verisk Analytics from a “hold” rating to a “sell” rating in a research report on Friday, May 5th. Royal Bank Of Canada decreased their target price on Verisk Analytics from $85.00 to $82.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 9th. BidaskClub raised Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Thursday, June 15th. Finally, UBS AG reaffirmed a “sell” rating and issued a $75.00 target price (up previously from $71.00) on shares of Verisk Analytics in a research report on Friday, July 14th.
In related news, Director Andrew G. Mills sold 3,000 shares of the stock in a transaction on Tuesday, June 20th. The stock was sold at an average price of $83.47, for a total transaction of $250,410.00. Following the completion of the sale, the director now directly owns 107,666 shares in the company, valued at $8,986,881.02. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Christopher M. Foskett sold 1,304 shares of the stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $82.46, for a total value of $107,527.84. Following the sale, the director now owns 9,989 shares of the company’s stock, valued at $823,692.94. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 19,304 shares of company stock valued at $1,562,738. 3.41% of the stock is owned by corporate insiders.
Several hedge funds have recently made changes to their positions in VRSK. Sentry Investment Management LLC raised its stake in shares of Verisk Analytics by 0.9% in the second quarter. Sentry Investment Management LLC now owns 10,963 shares of the business services provider’s stock valued at $925,000 after buying an additional 103 shares in the last quarter. Toronto Dominion Bank raised its stake in shares of Verisk Analytics by 17.5% in the second quarter. Toronto Dominion Bank now owns 63,762 shares of the business services provider’s stock valued at $5,381,000 after buying an additional 9,500 shares in the last quarter. Advisory Services Network LLC raised its stake in shares of Verisk Analytics by 300.5% in the second quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock valued at $143,000 after buying an additional 1,268 shares in the last quarter. Tandem Investment Advisors Inc. purchased a new stake in shares of Verisk Analytics during the second quarter valued at about $505,000. Finally, Public Employees Retirement System of Ohio raised its stake in shares of Verisk Analytics by 0.9% in the second quarter. Public Employees Retirement System of Ohio now owns 155,510 shares of the business services provider’s stock valued at $13,120,000 after buying an additional 1,416 shares in the last quarter. Institutional investors and hedge funds own 93.33% of the company’s stock.
Verisk Analytics (VRSK) traded down 0.09% during trading on Friday, reaching $80.98. The company had a trading volume of 631,326 shares. The company has a 50-day moving average price of $83.13 and a 200 day moving average price of $81.88. Verisk Analytics has a 52-week low of $75.60 and a 52-week high of $88.17. The stock has a market cap of $13.33 billion, a PE ratio of 29.44 and a beta of 0.69.
Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Tuesday, August 1st. The business services provider reported $0.82 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.77 by $0.05. The business had revenue of $523.20 million during the quarter, compared to analysts’ expectations of $519.67 million. Verisk Analytics had a return on equity of 38.43% and a net margin of 22.99%. Verisk Analytics’s revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.73 earnings per share. On average, analysts anticipate that Verisk Analytics will post $3.14 earnings per share for the current 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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