Verisk Analytics, Inc. (NASDAQ:VRSK) Given Consensus Recommendation of “Hold” by Analysts

Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) have earned a consensus rating of “Hold” from the eleven ratings firms that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $138.89.

VRSK has been the topic of a number of research reports. UBS Group boosted their target price on shares of Verisk Analytics from $119.00 to $124.00 and gave the stock a “sell” rating in a report on Wednesday, July 10th. Zacks Investment Research downgraded shares of Verisk Analytics from a “hold” rating to a “sell” rating in a report on Saturday, April 27th. Barclays restated a “buy” rating and issued a $155.00 target price on shares of Verisk Analytics in a report on Sunday, May 5th. Deutsche Bank set a $137.00 target price on shares of Verisk Analytics and gave the stock a “hold” rating in a report on Tuesday, April 23rd. Finally, Bank of America boosted their target price on shares of Verisk Analytics from $146.00 to $155.00 and gave the stock a “neutral” rating in a report on Wednesday.

Shares of Verisk Analytics stock traded up $0.31 during trading hours on Friday, reaching $153.23. The company’s stock had a trading volume of 854,532 shares, compared to its average volume of 652,034. The business’s 50 day simple moving average is $149.09. Verisk Analytics has a one year low of $102.74 and a one year high of $155.49. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.69 and a current ratio of 0.77. The stock has a market cap of $24.81 billion, a PE ratio of 37.28, a P/E/G ratio of 3.39 and a beta of 0.76.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Tuesday, July 30th. The business services provider reported $1.10 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.10. Verisk Analytics had a net margin of 23.97% and a return on equity of 33.05%. The firm had revenue of $652.60 million for the quarter, compared to the consensus estimate of $642.61 million. During the same period in the previous year, the firm posted $1.06 EPS. The business’s quarterly revenue was up 8.5% on a year-over-year basis. Research analysts anticipate that Verisk Analytics will post 4.42 earnings per share for the current fiscal year.

In related news, Director Christopher M. Foskett sold 10,078 shares of the company’s stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $146.54, for a total transaction of $1,476,830.12. Following the transaction, the director now directly owns 20,759 shares in the company, valued at approximately $3,042,023.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO David J. Grover sold 3,000 shares of the company’s stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $144.25, for a total transaction of $432,750.00. Following the transaction, the chief accounting officer now owns 9,931 shares in the company, valued at $1,432,546.75. The disclosure for this sale can be found here. Corporate insiders own 2.71% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC boosted its position in Verisk Analytics by 8.0% in the 4th quarter. Geode Capital Management LLC now owns 2,283,215 shares of the business services provider’s stock valued at $248,557,000 after buying an additional 168,185 shares during the period. Mawer Investment Management Ltd. boosted its position in Verisk Analytics by 1.2% in the 1st quarter. Mawer Investment Management Ltd. now owns 1,891,337 shares of the business services provider’s stock valued at $251,553,000 after buying an additional 22,889 shares during the period. Northern Trust Corp boosted its position in Verisk Analytics by 1.1% in the 1st quarter. Northern Trust Corp now owns 1,890,383 shares of the business services provider’s stock valued at $251,422,000 after buying an additional 21,404 shares during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its position in Verisk Analytics by 8.2% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,350,979 shares of the business services provider’s stock valued at $179,680,000 after buying an additional 102,887 shares during the period. Finally, Champlain Investment Partners LLC boosted its position in Verisk Analytics by 3.4% in the 1st quarter. Champlain Investment Partners LLC now owns 1,172,675 shares of the business services provider’s stock valued at $155,966,000 after buying an additional 38,835 shares during the period. 93.35% of the stock is owned by 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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Analyst Recommendations for Verisk Analytics (NASDAQ:VRSK)

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