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

Verisk Analytics, Inc. (NASDAQ:VRSK) has been assigned an average rating of “Hold” from the eighteen brokerages that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, twelve have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $88.29.

A number of research firms recently commented on VRSK. Goldman Sachs Group, Inc. (The) began coverage on Verisk Analytics in a research report on Wednesday, November 8th. They issued a “neutral” rating and a $89.00 target price on the stock. Barclays PLC boosted their target price on Verisk Analytics from $86.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, November 2nd. Cantor Fitzgerald restated a “buy” rating and set a $92.00 price objective on shares of Verisk Analytics in a research report on Wednesday, November 1st. SunTrust Banks, Inc. restated a “hold” rating and set a $85.00 price objective on shares of Verisk Analytics in a research report on Wednesday, November 1st. Finally, Robert W. Baird restated a “buy” rating on shares of Verisk Analytics in a research report on Wednesday, November 1st.

Verisk Analytics (VRSK) traded up $1.05 during trading hours on Thursday, hitting $93.58. The company had a trading volume of 1,269,506 shares, compared to its average volume of 814,398. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 1.36. The stock has a market capitalization of $15,128.60, a P/E ratio of 28.71, a P/E/G ratio of 3.26 and a beta of 0.76. Verisk Analytics has a 12 month low of $75.60 and a 12 month high of $94.10.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Tuesday, October 31st. The business services provider reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.06. The company had revenue of $549.10 million for the quarter, compared to the consensus estimate of $527.97 million. Verisk Analytics had a return on equity of 36.91% and a net margin of 22.09%. The firm’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.84 earnings per share. equities research analysts predict that Verisk Analytics will post 3.17 earnings per share for the current year.

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In other news, Director Andrew G. Mills sold 3,000 shares of the stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $82.50, for a total value of $247,500.00. Following the sale, the director now directly owns 105,525 shares in the company, valued at $8,705,812.50. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Andrew G. Mills sold 1,232 shares of the stock in a transaction that occurred on Tuesday, September 26th. The stock was sold at an average price of $82.50, for a total value of $101,640.00. Following the completion of the sale, the director now owns 104,293 shares in the company, valued at $8,604,172.50. The disclosure for this sale can be found here. Over the last quarter, insiders sold 321,146 shares of company stock worth $27,721,244. Company insiders own 3.41% of the company’s stock.

A number of large investors have recently made changes to their positions in VRSK. Janus Henderson Group PLC grew its stake in Verisk Analytics by 1,487.4% in the second quarter. Janus Henderson Group PLC now owns 5,502,847 shares of the business services provider’s stock worth $464,275,000 after purchasing an additional 5,156,187 shares in the last quarter. Harding Loevner LP grew its stake in Verisk Analytics by 95.4% in the third quarter. Harding Loevner LP now owns 5,847,407 shares of the business services provider’s stock worth $243,146,000 after purchasing an additional 2,855,204 shares in the last quarter. Neuberger Berman Group LLC grew its stake in Verisk Analytics by 70.8% in the second quarter. Neuberger Berman Group LLC now owns 2,872,109 shares of the business services provider’s stock worth $242,320,000 after purchasing an additional 1,190,340 shares in the last quarter. Diamond Hill Capital Management Inc. grew its stake in Verisk Analytics by 154.4% in the third quarter. Diamond Hill Capital Management Inc. now owns 1,613,738 shares of the business services provider’s stock worth $134,247,000 after purchasing an additional 979,475 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in Verisk Analytics by 5.0% in the second quarter. Vanguard Group Inc. now owns 15,353,093 shares of the business services provider’s stock worth $1,295,340,000 after purchasing an additional 734,200 shares in the last quarter. 93.70% of the stock is currently owned by institutional investors.

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.

Analyst Recommendations for Verisk Analytics (NASDAQ:VRSK)

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