Verisk Analytics, Inc. (NASDAQ:VRSK) – Research analysts at SunTrust Banks raised their Q1 2018 earnings estimates for shares of Verisk Analytics in a research note issued on Wednesday. SunTrust Banks analyst A. Jeffrey now forecasts that the business services provider will post earnings per share of $0.92 for the quarter, up from their prior forecast of $0.81. SunTrust Banks has a “Hold” rating and a $105.00 price target on the stock. SunTrust Banks also issued estimates for Verisk Analytics’ Q2 2018 earnings at $0.96 EPS, Q3 2018 earnings at $1.03 EPS and Q4 2018 earnings at $1.02 EPS.
Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Tuesday, February 20th. The business services provider reported $1.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 return on equity of 33.58% and a net margin of 25.88%. Verisk Analytics’s revenue was up 12.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.80 earnings per share.
Several other research analysts have also recently issued reports on VRSK. Credit Suisse Group reiterated a “neutral” rating and issued a $106.00 price objective (up previously from $96.00) on shares of Verisk Analytics in a research report on Thursday. Robert W. Baird restated an “outperform” rating and issued a $115.00 price target (up previously from $109.00) on shares of Verisk Analytics in a research report on Thursday. Keefe, Bruyette & Woods set a $112.00 price target on Verisk Analytics and gave the company a “buy” rating in a research report on Friday. Wells Fargo & Co restated an “outperform” rating and issued a $115.00 price target (up previously from $105.00) on shares of Verisk Analytics in a research report on Thursday. Finally, BMO Capital Markets restated a “market perform” rating and issued a $102.00 price target (up previously from $100.00) on shares of Verisk Analytics in a research report on Thursday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $102.73.
Verisk Analytics (NASDAQ:VRSK) opened at $101.54 on Friday. The stock has a market capitalization of $16,437.70, a price-to-earnings ratio of 30.77, a price-to-earnings-growth ratio of 2.47 and a beta of 0.76. 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 52-week low of $75.60 and a 52-week high of $102.00.
In related news, Director John F. Lehman sold 10,526 shares of Verisk Analytics stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $95.11, for a total transaction of $1,001,127.86. Following the completion of the sale, the director now owns 92,656 shares in the company, valued at approximately $8,812,512.16. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director David B. Wright sold 15,000 shares of Verisk Analytics stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $94.60, for a total value of $1,419,000.00. Following the sale, the director now owns 8,951 shares of the company’s stock, valued at approximately $846,764.60. The disclosure for this sale can be found here. In the last 90 days, insiders bought 1,177 shares of company stock valued at $112,591 and sold 31,526 shares valued at $3,009,268. Company insiders own 3.41% of the company’s stock.
A number of institutional investors have recently bought and sold shares of the stock. Xact Kapitalforvaltning AB increased its position in Verisk Analytics by 8.2% during the 4th quarter. Xact Kapitalforvaltning AB now owns 21,220 shares of the business services provider’s stock worth $2,037,000 after purchasing an additional 1,616 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in Verisk Analytics by 15.6% during the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 51,101 shares of the business services provider’s stock worth $4,906,000 after purchasing an additional 6,913 shares in the last quarter. DF Dent & Co. Inc. increased its position in Verisk Analytics by 19.8% during the 4th quarter. DF Dent & Co. Inc. now owns 1,724,022 shares of the business services provider’s stock worth $165,506,000 after purchasing an additional 285,230 shares in the last quarter. MetLife Investment Advisors LLC purchased a new stake in Verisk Analytics during the 4th quarter worth about $4,616,000. Finally, Jane Street Group LLC increased its position in Verisk Analytics by 38.3% during the 4th quarter. Jane Street Group LLC now owns 20,527 shares of the business services provider’s stock worth $1,971,000 after purchasing an additional 5,681 shares in the last quarter. Hedge funds and other institutional investors own 92.89% of the company’s stock.
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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