Verisk Analytics (NASDAQ:VRSK) released its earnings results on Tuesday. The business services provider reported $1.23 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.25 by ($0.02), MarketWatch Earnings reports. Verisk Analytics had a return on equity of 36.42% and a net margin of 19.12%. The company had revenue of $726.10 million during the quarter, compared to the consensus estimate of $725.93 million. During the same period last year, the firm posted $1.17 earnings per share. The company’s revenue was up 5.3% compared to the same quarter last year.
NASDAQ:VRSK traded down $0.03 on Tuesday, hitting $188.52. The stock had a trading volume of 634,472 shares, compared to its average volume of 1,030,925. The business’s 50-day simple moving average is $181.39 and its two-hundred day simple moving average is $188.75. The stock has a market cap of $30.61 billion, a price-to-earnings ratio of 60.42, a price-to-earnings-growth ratio of 3.69 and a beta of 0.67. Verisk Analytics has a 52-week low of $151.18 and a 52-week high of $210.66. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.24.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 30th. Investors of record on Tuesday, June 15th will be given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 0.62%. Verisk Analytics’s dividend payout ratio (DPR) is presently 26.48%.
VRSK has been the topic of several recent analyst reports. Raymond James raised shares of Verisk Analytics from a “market perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a research report on Monday, March 15th. Morgan Stanley cut their price target on shares of Verisk Analytics from $216.00 to $201.00 and set an “overweight” rating on the stock in a report on Monday, March 29th. Zacks Investment Research upgraded shares of Verisk Analytics from a “hold” rating to a “buy” rating and set a $198.00 price objective for the company in a report on Thursday, February 4th. Deutsche Bank Aktiengesellschaft upgraded Verisk Analytics from a “hold” rating to a “buy” rating and increased their target price for the company from $192.00 to $196.00 in a research note on Monday, March 15th. Finally, UBS Group upgraded Verisk Analytics from a “sell” rating to a “neutral” rating and decreased their price target for the stock from $196.00 to $177.00 in a research note on Monday, March 1st. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Verisk Analytics presently has an average rating of “Buy” and a consensus target price of $198.91.
Verisk Analytics Company Profile
Verisk Analytics, Inc is a data analytics provider, which engages in the provision of data analytics for customers in insurance, energy markets and financial services. It operates through the following segments: Insurance, Energy & Specialized Markets, and Financial Services. The Insurance segment serves insurance customers and focuses on the prediction of loss, the selection and pricing of risk, and compliance.
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