Verisk Analytics, Inc. (NASDAQ:VRSK) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Verisk Analytics, Inc. (NASDAQ:VRSKGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the fourteen analysts that are currently covering the firm, MarketBeat reports. Seven research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $276.69.

A number of brokerages have issued reports on VRSK. Royal Bank of Canada reissued an “outperform” rating and set a $268.00 price objective on shares of Verisk Analytics in a research report on Thursday, August 1st. Barclays increased their price target on shares of Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a research note on Friday, September 13th. Morgan Stanley boosted their target price on shares of Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a report on Wednesday, July 31st. Evercore ISI restated an “in-line” rating and issued a $279.00 price objective on shares of Verisk Analytics in a report on Wednesday, October 2nd. Finally, Wells Fargo & Company upgraded shares of Verisk Analytics to a “strong-buy” rating in a report on Tuesday, August 13th.

Check Out Our Latest Research Report on Verisk Analytics

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of VRSK. Nomura Holdings Inc. bought a new position in Verisk Analytics during the 4th quarter valued at about $698,000. Sumitomo Mitsui Trust Holdings Inc. grew its position in Verisk Analytics by 1.2% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 362,915 shares of the business services provider’s stock worth $85,550,000 after purchasing an additional 4,147 shares during the period. Diversified Trust Co purchased a new stake in Verisk Analytics during the 2nd quarter valued at $1,325,000. Global Assets Advisory LLC bought a new position in shares of Verisk Analytics during the 1st quarter valued at $11,582,000. Finally, OFI Invest Asset Management boosted its stake in shares of Verisk Analytics by 2,181.7% in the 2nd quarter. OFI Invest Asset Management now owns 2,875 shares of the business services provider’s stock worth $723,000 after buying an additional 2,749 shares during the last quarter. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Stock Performance

Verisk Analytics stock opened at $269.23 on Tuesday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 5.86. The firm has a market cap of $38.41 billion, a P/E ratio of 50.23, a P/E/G ratio of 3.41 and a beta of 0.86. Verisk Analytics has a 1-year low of $215.32 and a 1-year high of $287.13. The firm has a 50-day moving average of $268.38 and a 200-day moving average of $258.72.

Verisk Analytics (NASDAQ:VRSKGet Free Report) last released its quarterly earnings data on Wednesday, July 31st. The business services provider reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.10. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. The business had revenue of $716.80 million during the quarter, compared to analysts’ expectations of $722.45 million. During the same quarter last year, the business posted $1.51 EPS. The business’s revenue was up 6.2% on a year-over-year basis. Sell-side analysts expect that Verisk Analytics will post 6.57 EPS for the current year.

Verisk Analytics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Sunday, September 15th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date was Friday, September 13th. Verisk Analytics’s payout ratio is 29.10%.

Verisk Analytics Company Profile

(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.

Featured Stories

Analyst Recommendations for Verisk Analytics (NASDAQ:VRSK)

Receive News & Ratings for Verisk Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics and related companies with MarketBeat.com's FREE daily email newsletter.