Verisk Analytics (VRSK) Posts Earnings Results

Verisk Analytics (NASDAQ:VRSK) announced its earnings results on Monday. The business services provider reported $1.34 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.78 by $0.56, Bloomberg Earnings reports. Verisk Analytics had a net margin of 22.09% and a return on equity of 36.91%. The business had revenue of $570.30 million during the quarter, compared to the consensus estimate of $557.09 million. During the same quarter last year, the firm earned $0.80 earnings per share. The business’s revenue for the quarter was up 12.7% on a year-over-year basis.

Verisk Analytics (NASDAQ:VRSK) traded down $1.75 during trading hours on Wednesday, hitting $97.04. 1,465,900 shares of the stock were exchanged, compared to its average volume of 943,769. Verisk Analytics has a 1 year low of $75.60 and a 1 year high of $101.21. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 1.36. The stock has a market capitalization of $16,269.91, a PE ratio of 30.87, a price-to-earnings-growth ratio of 2.51 and a beta of 0.76.

A number of brokerages have weighed in on VRSK. Morgan Stanley raised their target price on shares of Verisk Analytics from $91.00 to $106.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 31st. BidaskClub raised shares of Verisk Analytics from a “hold” rating to a “buy” rating in a research note on Tuesday, January 23rd. Royal Bank of Canada raised their target price on shares of Verisk Analytics to $100.00 and gave the company a “sector perform” rating in a research note on Friday, January 19th. They noted that the move was a valuation call. Zacks Investment Research downgraded shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Saturday, January 13th. Finally, JPMorgan Chase & Co. increased their price target on shares of Verisk Analytics from $90.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, February 15th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $96.85.

In related news, Director Andrew G. Mills sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 20th. The shares were sold at an average price of $96.38, for a total value of $289,140.00. Following the sale, the director now owns 96,525 shares in the company, valued at $9,303,079.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Lee Shavel bought 390 shares of the company’s stock in a transaction that occurred on Wednesday, December 20th. The stock was bought at an average price of $96.36 per share, for a total transaction of $37,580.40. Following the acquisition, the chief financial officer now directly owns 22,341 shares of the company’s stock, valued at approximately $2,152,778.76. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 1,177 shares of company stock worth $112,591 and have sold 28,526 shares worth $2,709,268. Corporate insiders own 3.41% 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.

Earnings History for Verisk Analytics (NASDAQ:VRSK)

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