Verisk Analytics, Inc. (VRSK) Receives $103.07 Average Price Target from Analysts

Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) have earned an average recommendation of “Buy” from the sixteen brokerages that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $103.07.

A number of research firms recently weighed in on VRSK. BidaskClub raised Verisk Analytics from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 1st. Zacks Investment Research raised Verisk Analytics from a “hold” rating to a “buy” rating and set a $112.00 target price on the stock in a report on Monday, February 26th. Keefe, Bruyette & Woods set a $112.00 target price on Verisk Analytics and gave the stock a “buy” rating in a report on Friday, February 23rd. SunTrust Banks boosted their target price on Verisk Analytics to $105.00 and gave the stock a “hold” rating in a report on Thursday, February 22nd. Finally, Wells Fargo reaffirmed an “outperform” rating and issued a $115.00 price objective (up from $105.00) on shares of Verisk Analytics in a report on Thursday, February 22nd.

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VRSK stock traded up $0.08 during mid-day trading on Wednesday, hitting $102.19. The company had a trading volume of 167,923 shares, compared to its average volume of 929,008. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.45 and a quick ratio of 0.45. The firm has a market cap of $16,850.26, a price-to-earnings ratio of 31.81, a PEG ratio of 2.34 and a beta of 0.71. Verisk Analytics has a 1-year low of $75.60 and a 1-year high of $106.07.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Tuesday, February 20th. The business services provider reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.56. The business had revenue of $570.30 million for the quarter, compared to analyst estimates of $557.09 million. Verisk Analytics had a return on equity of 33.58% and a net margin of 25.88%. The firm’s revenue was up 12.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.80 EPS. research analysts predict that Verisk Analytics will post 3.97 EPS for the current fiscal year.

In other news, EVP Kenneth E. Thompson sold 22,513 shares of the company’s stock in a transaction on Friday, March 16th. The stock was sold at an average price of $105.02, for a total transaction of $2,364,315.26. Following the completion of the sale, the executive vice president now directly owns 67,551 shares in the company, valued at approximately $7,094,206.02. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Kenneth E. Thompson sold 104,431 shares of the company’s stock in a transaction on Wednesday, March 14th. The shares were sold at an average price of $105.07, for a total value of $10,972,565.17. Following the sale, the executive vice president now owns 141,973 shares of the company’s stock, valued at $14,917,103.11. The disclosure for this sale can be found here. Over the last quarter, insiders have bought 1,141 shares of company stock valued at $112,216 and have sold 401,642 shares valued at $41,814,853. Corporate insiders own 3.41% of the company’s stock.

Several large investors have recently added to or reduced their stakes in VRSK. Xact Kapitalforvaltning AB lifted its position in shares of 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 buying an additional 1,616 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its position in Verisk Analytics by 15.6% in the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 51,101 shares of the business services provider’s stock valued at $4,906,000 after purchasing an additional 6,913 shares during the last quarter. DF Dent & Co. Inc. raised its position in Verisk Analytics by 19.8% in the fourth quarter. DF Dent & Co. Inc. now owns 1,724,022 shares of the business services provider’s stock valued at $165,506,000 after purchasing an additional 285,230 shares during the last quarter. MetLife Investment Advisors LLC bought a new position in Verisk Analytics in the fourth quarter valued at about $4,616,000. Finally, Jane Street Group LLC raised its position in Verisk Analytics by 38.3% in the fourth quarter. Jane Street Group LLC now owns 20,527 shares of the business services provider’s stock valued at $1,971,000 after purchasing an additional 5,681 shares during the last quarter. Hedge funds and other institutional investors own 92.45% of the company’s stock.

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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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