Verisk Analytics, Inc. (NASDAQ:VRSK - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $263.65, but opened at $280.00. Verisk Analytics shares last traded at $273.80, with a volume of 63,804 shares trading hands.
Analyst Ratings Changes
A number of research analysts have issued reports on VRSK shares. Robert W. Baird boosted their target price on shares of Verisk Analytics from $268.00 to $285.00 and gave the company an "outperform" rating in a research note on Thursday, August 1st. Morgan Stanley increased their target price on shares of Verisk Analytics from $243.00 to $260.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 31st. Royal Bank of Canada upped their price target on shares of Verisk Analytics from $268.00 to $300.00 and gave the stock an "outperform" rating in a research note on Thursday, October 17th. UBS Group upped their target price on Verisk Analytics from $255.00 to $285.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 9th. Finally, Evercore ISI reissued an "in-line" rating and issued a $279.00 price objective on shares of Verisk Analytics in a research note on Wednesday, October 2nd. Six investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Verisk Analytics presently has a consensus rating of "Moderate Buy" and an average price target of $278.67.
View Our Latest Analysis on VRSK
Verisk Analytics Price Performance
The company has a debt-to-equity ratio of 5.86, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market cap of $38.71 billion, a price-to-earnings ratio of 49.19, a price-to-earnings-growth ratio of 3.36 and a beta of 0.86. The stock's fifty day moving average price is $268.70 and its 200-day moving average price is $261.68.
Verisk Analytics (NASDAQ:VRSK - Get Free Report) last issued its earnings results on Wednesday, July 31st. The business services provider reported $1.74 EPS for the quarter, topping the consensus estimate of $1.64 by $0.10. The business had revenue of $716.80 million during the quarter, compared to analysts' expectations of $722.45 million. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. Verisk Analytics's revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.51 earnings per share. Equities research analysts predict that Verisk Analytics, Inc. will post 6.57 EPS for the current fiscal year.
Insider Transactions at Verisk Analytics
In other news, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $271.33, for a total transaction of $54,266.00. Following the completion of the sale, the chief financial officer now directly owns 15,808 shares in the company, valued at $4,289,184.64. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.40% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of VRSK. International Assets Investment Management LLC acquired a new stake in shares of Verisk Analytics in the second quarter worth about $31,000. Chilton Capital Management LLC acquired a new stake in Verisk Analytics in the 2nd quarter worth approximately $34,000. Rothschild Investment LLC acquired a new position in Verisk Analytics in the 2nd quarter valued at $41,000. Kings Path Partners LLC bought a new position in Verisk Analytics in the 2nd quarter worth $46,000. Finally, Crewe Advisors LLC bought a new stake in Verisk Analytics during the first quarter valued at about $49,000. Institutional investors own 90.00% of the company's stock.
About Verisk Analytics
(
Get Free Report)
Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.
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