Verisk Analytics, Inc. (NASDAQ:VRSK) – Equities researchers at William Blair dropped their Q4 2017 earnings per share estimates for Verisk Analytics in a research note issued on Wednesday, according to Zacks Investment Research. William Blair analyst T. Mchugh now forecasts that the business services provider will post earnings per share of $0.78 for the quarter, down from their previous estimate of $0.80. William Blair also issued estimates for Verisk Analytics’ Q2 2018 earnings at $0.86 EPS, Q4 2018 earnings at $0.90 EPS, FY2018 earnings at $3.46 EPS and FY2019 earnings at $3.75 EPS.
Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Tuesday, October 31st. The business services provider reported $0.84 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.78 by $0.06. Verisk Analytics had a net margin of 22.09% and a return on equity of 36.91%. The company had revenue of $549.10 million for the quarter, compared to analyst estimates of $527.97 million. During the same period in the prior year, the business earned $0.84 earnings per share. Verisk Analytics’s quarterly revenue was up 10.2% on a year-over-year basis.
Several other equities analysts have also weighed in on VRSK. Morgan Stanley restated an “equal weight” rating and issued a $82.00 price objective (down from $83.00) on shares of Verisk Analytics in a report on Tuesday, July 18th. SunTrust Banks, Inc. lowered shares of Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 price objective on the stock. in a report on Thursday, August 3rd. Credit Suisse Group restated a “neutral” rating and issued a $85.00 price objective (up from $80.00) on shares of Verisk Analytics in a report on Thursday, August 3rd. Royal Bank Of Canada restated a “hold” rating on shares of Verisk Analytics in a report on Friday, August 4th. Finally, Keefe, Bruyette & Woods set a $90.00 price objective on shares of Verisk Analytics and gave the company a “buy” rating in a report on Monday, August 21st. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $88.29.
Verisk Analytics (NASDAQ:VRSK) opened at $90.21 on Thursday. Verisk Analytics has a 12-month low of $75.60 and a 12-month high of $92.92. The stock has a market cap of $14,856.86, a P/E ratio of 28.19, a PEG ratio of 3.20 and a beta of 0.76. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.45 and a current ratio of 0.45.
In other news, CAO David J. Grover sold 6,500 shares of the firm’s stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $82.45, for a total transaction of $535,925.00. Following the completion of the sale, the chief accounting officer now owns 13,028 shares in the company, valued at approximately $1,074,158.60. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director David B. Wright sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $80.82, for a total transaction of $808,200.00. Following the sale, the director now owns 13,951 shares of the company’s stock, valued at approximately $1,127,519.82. The disclosure for this sale can be found here. Insiders have sold 318,146 shares of company stock valued at $27,443,084 in the last 90 days. 3.41% of the stock is currently owned by corporate insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of VRSK. Janus Henderson Group PLC lifted its stake in shares of Verisk Analytics by 1,487.4% during the 2nd quarter. Janus Henderson Group PLC now owns 5,502,847 shares of the business services provider’s stock worth $464,275,000 after buying an additional 5,156,187 shares during the last quarter. Neuberger Berman Group LLC lifted its stake in shares of Verisk Analytics by 70.8% during the 2nd quarter. Neuberger Berman Group LLC now owns 2,872,109 shares of the business services provider’s stock worth $242,320,000 after buying an additional 1,190,340 shares during the last quarter. Diamond Hill Capital Management Inc. increased its position in Verisk Analytics by 154.4% during the third quarter. Diamond Hill Capital Management Inc. now owns 1,613,738 shares of the business services provider’s stock worth $134,247,000 after acquiring an additional 979,475 shares during the period. Vanguard Group Inc. increased its position in Verisk Analytics by 5.0% during the second quarter. Vanguard Group Inc. now owns 15,353,093 shares of the business services provider’s stock worth $1,295,340,000 after acquiring an additional 734,200 shares during the period. Finally, Farallon Capital Management LLC bought a new position in Verisk Analytics during the second quarter worth about $40,736,000. Institutional investors own 93.65% of the company’s stock.
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.
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